42,231 Shares in SPDR S&P 400 Mid Cap Value ETF $MDYV Acquired by Montz Harcus Wealth Management LLC

Montz Harcus Wealth Management LLC acquired a new stake in SPDR S&P 400 Mid Cap Value ETF (NYSEARCA:MDYV) in the 3rd quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund acquired 42,231 shares of the company’s stock, valued at approximately $3,738,000. SPDR S&P 400 Mid Cap Value ETF comprises approximately 1.5% of Montz Harcus Wealth Management LLC’s investment portfolio, making the stock its 18th biggest position.

Several other institutional investors and hedge funds have also recently made changes to their positions in MDYV. NorthRock Partners LLC increased its stake in shares of SPDR S&P 400 Mid Cap Value ETF by 6.2% in the second quarter. NorthRock Partners LLC now owns 1,427,030 shares of the company’s stock worth $135,354,000 after buying an additional 83,282 shares during the period. Avantax Planning Partners Inc. increased its position in shares of SPDR S&P 400 Mid Cap Value ETF by 2.8% in the first quarter. Avantax Planning Partners Inc. now owns 918,268 shares of the company’s stock valued at $78,191,000 after acquiring an additional 24,826 shares during the period. Lutz Financial Services LLC increased its position in shares of SPDR S&P 400 Mid Cap Value ETF by 2.9% in the first quarter. Lutz Financial Services LLC now owns 805,859 shares of the company’s stock valued at $68,619,000 after acquiring an additional 22,421 shares during the period. FAS Wealth Partners Inc. raised its stake in shares of SPDR S&P 400 Mid Cap Value ETF by 2.4% during the first quarter. FAS Wealth Partners Inc. now owns 625,208 shares of the company’s stock valued at $53,236,000 after acquiring an additional 14,368 shares during the last quarter. Finally, Cetera Investment Advisers boosted its holdings in shares of SPDR S&P 400 Mid Cap Value ETF by 7.5% during the first quarter. Cetera Investment Advisers now owns 410,049 shares of the company’s stock worth $34,916,000 after purchasing an additional 28,763 shares during the period.

SPDR S&P 400 Mid Cap Value ETF Price Performance

Shares of NYSEARCA:MDYV opened at $90.11 on Friday. The stock’s 50-day moving average is $93.44 and its 200 day moving average is $92.08. The company has a market cap of $2.71 billion, a PE ratio of 15.85 and a beta of 0.97. SPDR S&P 400 Mid Cap Value ETF has a 1 year low of $79.64 and a 1 year high of $97.58.

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.