AE Wealth Management LLC Raises Position in SPDR S&P 400 Mid Cap Value ETF $MDYV

AE Wealth Management LLC raised its stake in shares of SPDR S&P 400 Mid Cap Value ETF (NYSEARCA:MDYV) by 29.8% during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 858,798 shares of the company’s stock after purchasing an additional 197,095 shares during the period. AE Wealth Management LLC owned 2.96% of SPDR S&P 400 Mid Cap Value ETF worth $72,697,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other hedge funds and other institutional investors have also recently modified their holdings of MDYV. Avantax Planning Partners Inc. raised its holdings in shares of SPDR S&P 400 Mid Cap Value ETF by 76.4% in the third quarter. Avantax Planning Partners Inc. now owns 834,328 shares of the company’s stock worth $69,591,000 after buying an additional 361,398 shares during the period. MML Investors Services LLC grew its stake in SPDR S&P 400 Mid Cap Value ETF by 86.7% in the second quarter. MML Investors Services LLC now owns 152,886 shares of the company’s stock worth $12,144,000 after purchasing an additional 70,997 shares in the last quarter. CWM LLC grew its stake in SPDR S&P 400 Mid Cap Value ETF by 40.5% in the fourth quarter. CWM LLC now owns 201,385 shares of the company’s stock worth $17,047,000 after purchasing an additional 58,082 shares in the last quarter. Jones Financial Companies Lllp grew its stake in SPDR S&P 400 Mid Cap Value ETF by 39.3% in the third quarter. Jones Financial Companies Lllp now owns 196,152 shares of the company’s stock worth $16,363,000 after purchasing an additional 55,352 shares in the last quarter. Finally, BNP Paribas Financial Markets bought a new position in SPDR S&P 400 Mid Cap Value ETF in the third quarter worth approximately $4,170,000.

SPDR S&P 400 Mid Cap Value ETF Stock Up 0.4%

Shares of NYSEARCA:MDYV opened at $89.36 on Friday. SPDR S&P 400 Mid Cap Value ETF has a 52-week low of $69.31 and a 52-week high of $93.10. The stock has a market cap of $2.53 billion, a P/E ratio of 15.85 and a beta of 1.00. The business’s 50 day moving average is $87.91 and its 200 day moving average is $86.05.

About SPDR S&P 400 Mid Cap Value ETF

SPDR S&P 400 Mid Cap Value ETF seeks to closely match the returns and characteristics of the S&P Mid Cap 400 Value Index. The S&P MidCap 400 Value Index measures the performance of the mid-capitalization value sector in the United States equity market. The Index consists of those stocks in the S&P MidCap 400 Index exhibiting the strongest value characteristics based on book value to price ratio; earnings to price ratio, and sales to price ratio. The selection universe for the S&P MidCap 400 Index includes all the United States common equities listed on the New York Stock Exchange, National Association of Securities Dealers Automated Quotation (NASDAQ) Global Select Market, NASDAQ Select Market and NASDAQ CapitalMarket with market capitalizations between $850 million and $3.8 billion.