Quantinno Capital Management LP Has $1.81 Million Holdings in SPDR S&P 400 Mid Cap Value ETF $MDYV

Quantinno Capital Management LP cut its position in SPDR S&P 400 Mid Cap Value ETF (NYSEARCA:MDYV) by 22.1% in the 1st quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 21,284 shares of the company’s stock after selling 6,023 shares during the quarter. Quantinno Capital Management LP’s holdings in SPDR S&P 400 Mid Cap Value ETF were worth $1,812,000 as of its most recent SEC filing.

A number of other institutional investors have also added to or reduced their stakes in the company. LPL Financial LLC raised 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 acquiring an additional 12,720 shares in the last quarter. Avantax Planning Partners Inc. grew its position in shares of 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 during the period. AE Wealth Management LLC increased its stake in shares of SPDR S&P 400 Mid Cap Value ETF by 29.8% during the 4th 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 last quarter. Lutz Financial Services LLC increased its stake in shares of 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 worth $68,619,000 after purchasing an additional 22,421 shares during the last quarter. Finally, FAS Wealth Partners Inc. raised its holdings in shares of SPDR S&P 400 Mid Cap Value ETF by 1.9% in the 4th quarter. FAS Wealth Partners Inc. now owns 610,840 shares of the company’s stock valued at $51,708,000 after purchasing an additional 11,325 shares during the period.

SPDR S&P 400 Mid Cap Value ETF Stock Performance

Shares of MDYV stock opened at $96.57 on Wednesday. SPDR S&P 400 Mid Cap Value ETF has a 52-week low of $79.61 and a 52-week high of $97.58. The stock has a market cap of $2.82 billion, a price-to-earnings ratio of 15.85 and a beta of 0.96. The firm’s 50-day moving average is $94.34 and its 200-day moving average is $90.87.

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.