IHT Wealth Management LLC Sells 41,102 Shares of SPDR S&P 400 Mid Cap Value ETF $MDYV

IHT Wealth Management LLC trimmed its stake in shares of SPDR S&P 400 Mid Cap Value ETF (NYSEARCA:MDYV) by 22.7% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 139,895 shares of the company’s stock after selling 41,102 shares during the quarter. IHT Wealth Management LLC owned about 0.49% of SPDR S&P 400 Mid Cap Value ETF worth $11,842,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also recently added to or reduced their stakes in the stock. LPL Financial LLC boosted its position in SPDR S&P 400 Mid Cap Value ETF by 1.2% during the fourth quarter. LPL Financial LLC now owns 1,053,654 shares of the company’s stock worth $89,192,000 after purchasing an additional 12,720 shares during the period. Avantax Planning Partners Inc. boosted its position in SPDR S&P 400 Mid Cap Value ETF by 7.1% during the fourth quarter. Avantax Planning Partners Inc. now owns 893,442 shares of the company’s stock worth $75,630,000 after purchasing an additional 59,114 shares during the period. AE Wealth Management LLC boosted its position in SPDR S&P 400 Mid Cap Value ETF by 29.8% during the fourth quarter. AE Wealth Management LLC now owns 858,798 shares of the company’s stock worth $72,697,000 after purchasing an additional 197,095 shares during the period. Lutz Financial Services LLC boosted its position in SPDR S&P 400 Mid Cap Value ETF by 7.9% during the fourth quarter. Lutz Financial Services LLC now owns 783,438 shares of the company’s stock worth $66,318,000 after purchasing an additional 57,250 shares during the period. Finally, Canandaigua National Bank & Trust Co. boosted its position in SPDR S&P 400 Mid Cap Value ETF by 3.4% during the fourth quarter. Canandaigua National Bank & Trust Co. now owns 406,771 shares of the company’s stock worth $34,433,000 after purchasing an additional 13,558 shares during the period.

SPDR S&P 400 Mid Cap Value ETF Price Performance

MDYV stock opened at $92.72 on Thursday. The company has a fifty day moving average price of $90.83 and a two-hundred day moving average price of $88.61. SPDR S&P 400 Mid Cap Value ETF has a one year low of $77.15 and a one year high of $95.34. The stock has a market cap of $2.63 billion, a price-to-earnings ratio of 15.85 and a beta of 0.96.

SPDR S&P 400 Mid Cap Value ETF Company Profile

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.