Capital Wealth Management LLC Buys New Holdings in SPDR S&P 400 Mid Cap Value ETF $MDYV

Capital Wealth Management LLC purchased a new stake in shares of SPDR S&P 400 Mid Cap Value ETF (NYSEARCA:MDYV) during the third quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor purchased 105,709 shares of the company’s stock, valued at approximately $9,356,000. SPDR S&P 400 Mid Cap Value ETF comprises approximately 2.2% of Capital Wealth Management LLC’s holdings, making the stock its 16th biggest position.

Several other institutional investors and hedge funds also recently made changes to their positions in the company. NorthRock Partners LLC raised its holdings in SPDR S&P 400 Mid Cap Value ETF by 6.2% in the 2nd quarter. NorthRock Partners LLC now owns 1,427,030 shares of the company’s stock worth $135,354,000 after acquiring an additional 83,282 shares during the last quarter. Avantax Planning Partners Inc. lifted its position in SPDR S&P 400 Mid Cap Value ETF by 2.8% in the 1st 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 in the last quarter. Lutz Financial Services LLC boosted its stake in SPDR S&P 400 Mid Cap Value ETF by 2.9% during the 1st quarter. Lutz Financial Services LLC now owns 805,859 shares of the company’s stock valued at $68,619,000 after purchasing an additional 22,421 shares during the last quarter. FAS Wealth Partners Inc. boosted its stake in SPDR S&P 400 Mid Cap Value ETF by 2.4% during the 1st quarter. FAS Wealth Partners Inc. now owns 625,208 shares of the company’s stock valued at $53,236,000 after purchasing an additional 14,368 shares during the last quarter. Finally, Cetera Investment Advisers boosted its stake in SPDR S&P 400 Mid Cap Value ETF by 7.5% during the 1st quarter. Cetera Investment Advisers now owns 410,049 shares of the company’s stock valued at $34,916,000 after purchasing an additional 28,763 shares during the last quarter.

SPDR S&P 400 Mid Cap Value ETF Price Performance

MDYV stock opened at $92.47 on Thursday. SPDR S&P 400 Mid Cap Value ETF has a 1-year low of $79.64 and a 1-year high of $97.58. The business has a fifty day moving average price of $92.14 and a 200-day moving average price of $91.25. The stock has a market capitalization of $2.77 billion, a P/E ratio of 15.85 and a beta of 0.97.

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.