SPDR S&P 400 Mid Cap Value ETF (NYSEARCA:MDYV) Shares Bought by Avantax Planning Partners Inc.

Avantax Planning Partners Inc. lifted its holdings in shares of SPDR S&P 400 Mid Cap Value ETF (NYSEARCA:MDYV) by 20.2% in the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 338,411 shares of the company’s stock after buying an additional 56,825 shares during the period. SPDR S&P 400 Mid Cap Value ETF comprises 1.0% of Avantax Planning Partners Inc.’s investment portfolio, making the stock its 18th biggest holding. Avantax Planning Partners Inc. owned approximately 1.01% of SPDR S&P 400 Mid Cap Value ETF worth $27,141,000 as of its most recent SEC filing.

A number of other large investors have also modified their holdings of MDYV. Strategic Financial Concepts LLC raised its stake in shares of SPDR S&P 400 Mid Cap Value ETF by 7,913.2% during the 4th quarter. Strategic Financial Concepts LLC now owns 474,303 shares of the company’s stock worth $38,039,000 after buying an additional 468,384 shares in the last quarter. Benjamin Edwards Inc. increased its stake in SPDR S&P 400 Mid Cap Value ETF by 2,202.9% in the 3rd quarter. Benjamin Edwards Inc. now owns 470,855 shares of the company’s stock valued at $37,414,000 after purchasing an additional 450,409 shares in the last quarter. Raymond James Financial Inc. purchased a new position in SPDR S&P 400 Mid Cap Value ETF in the 4th quarter valued at approximately $15,836,000. Foundations Investment Advisors LLC purchased a new position in SPDR S&P 400 Mid Cap Value ETF in the 4th quarter valued at approximately $11,287,000. Finally, Modera Wealth Management LLC purchased a new position in SPDR S&P 400 Mid Cap Value ETF in the 4th quarter valued at approximately $4,041,000.

SPDR S&P 400 Mid Cap Value ETF Price Performance

NYSEARCA MDYV opened at $77.15 on Tuesday. SPDR S&P 400 Mid Cap Value ETF has a 1-year low of $70.14 and a 1-year high of $87.81. The company has a market capitalization of $2.43 billion, a P/E ratio of 16.84 and a beta of 1.17. The business has a 50 day moving average price of $81.50 and a 200 day moving average price of $81.17.

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.