SPDR S&P 400 Mid Cap Value ETF (NYSEARCA:MDYV) Shares Purchased by AE Wealth Management LLC

AE Wealth Management LLC boosted its position in SPDR S&P 400 Mid Cap Value ETF (NYSEARCA:MDYV) by 28.1% in the 2nd quarter, according to its most recent filing with the Securities and Exchange Commission. The fund owned 337,678 shares of the company’s stock after purchasing an additional 74,054 shares during the quarter. AE Wealth Management LLC owned about 1.00% of SPDR S&P 400 Mid Cap Value ETF worth $24,630,000 as of its most recent filing with the Securities and Exchange Commission.

Several other institutional investors have also recently added to or reduced their stakes in the company. Avantax Advisory Services Inc. acquired a new position in shares of SPDR S&P 400 Mid Cap Value ETF during the 4th quarter valued at about $245,000. Motive Wealth Advisors acquired a new position in shares of SPDR S&P 400 Mid Cap Value ETF during the 1st quarter valued at about $321,000. Cetera Investment Advisers increased its stake in shares of SPDR S&P 400 Mid Cap Value ETF by 17.0% during the 1st quarter. Cetera Investment Advisers now owns 153,983 shares of the company’s stock valued at $11,703,000 after acquiring an additional 22,341 shares during the last quarter. Corient Private Wealth LLC acquired a new position in shares of SPDR S&P 400 Mid Cap Value ETF during the 4th quarter valued at about $3,612,000. Finally, Scarborough Advisors LLC acquired a new position in shares of SPDR S&P 400 Mid Cap Value ETF during the 4th quarter valued at about $35,000.

SPDR S&P 400 Mid Cap Value ETF Price Performance

NYSEARCA MDYV opened at $79.86 on Friday. SPDR S&P 400 Mid Cap Value ETF has a 12 month low of $59.67 and a 12 month high of $79.97. The company has a 50-day moving average of $76.66 and a 200-day moving average of $74.56. The company has a market cap of $2.68 billion, a P/E ratio of 14.55 and a beta of 1.11.

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.