Falcon Wealth Planning Purchases New Stake in SPDR S&P 400 Mid Cap Value ETF (NYSEARCA:MDYV)

Falcon Wealth Planning acquired a new position in SPDR S&P 400 Mid Cap Value ETF (NYSEARCA:MDYV) in the fourth quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm acquired 6,592 shares of the company’s stock, valued at approximately $529,000.

Other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. Wealth Enhancement Advisory Services LLC raised its position in shares of SPDR S&P 400 Mid Cap Value ETF by 7.6% in the 3rd quarter. Wealth Enhancement Advisory Services LLC now owns 6,357,586 shares of the company’s stock valued at $505,174,000 after acquiring an additional 450,824 shares during the period. Lutz Financial Services LLC raised its position in shares of SPDR S&P 400 Mid Cap Value ETF by 2.2% during the third quarter. Lutz Financial Services LLC now owns 690,992 shares of the company’s stock worth $54,906,000 after purchasing an additional 14,917 shares during the period. Benjamin Edwards Inc. grew its position in shares of 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 during the period. Canandaigua National Bank & Trust Co. raised its holdings in SPDR S&P 400 Mid Cap Value ETF by 1.6% during the 4th quarter. Canandaigua National Bank & Trust Co. now owns 381,010 shares of the company’s stock worth $30,557,000 after buying an additional 6,094 shares during the period. Finally, First National Trust Co raised its holdings in shares of SPDR S&P 400 Mid Cap Value ETF by 6.1% during the third quarter. First National Trust Co now owns 346,222 shares of the company’s stock worth $27,511,000 after acquiring an additional 19,766 shares during the period.

SPDR S&P 400 Mid Cap Value ETF Price Performance

Shares of SPDR S&P 400 Mid Cap Value ETF stock opened at $83.50 on Wednesday. SPDR S&P 400 Mid Cap Value ETF has a one year low of $69.93 and a one year high of $87.81. The firm has a market cap of $2.81 billion, a price-to-earnings ratio of 14.55 and a beta of 1.11. The stock’s 50-day moving average is $82.89 and its 200-day moving average is $80.04.

SPDR S&P 400 Mid Cap Value ETF 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.