35,096 Shares in SPDR S&P 400 Mid Cap Value ETF (NYSEARCA:MDYV) Acquired by Rialto Wealth Management LLC

Rialto Wealth Management LLC purchased a new position in shares of SPDR S&P 400 Mid Cap Value ETF (NYSEARCA:MDYV) during the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund purchased 35,096 shares of the company’s stock, valued at approximately $2,815,000. SPDR S&P 400 Mid Cap Value ETF accounts for approximately 0.9% of Rialto Wealth Management LLC’s holdings, making the stock its 28th largest holding. Rialto Wealth Management LLC owned 0.10% of SPDR S&P 400 Mid Cap Value ETF as of its most recent SEC filing.

Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Barden Capital Management Inc. increased its stake in SPDR S&P 400 Mid Cap Value ETF by 4.7% in the fourth quarter. Barden Capital Management Inc. now owns 24,086 shares of the company’s stock valued at $1,932,000 after purchasing an additional 1,083 shares during the period. Raymond James Financial Inc. purchased a new position in shares of SPDR S&P 400 Mid Cap Value ETF during the fourth quarter worth about $15,836,000. Atria Investments Inc increased its position in SPDR S&P 400 Mid Cap Value ETF by 14.3% in the 4th quarter. Atria Investments Inc now owns 10,002 shares of the company’s stock valued at $802,000 after acquiring an additional 1,252 shares during the period. Assetmark Inc. raised its stake in SPDR S&P 400 Mid Cap Value ETF by 1,088.5% during the 4th quarter. Assetmark Inc. now owns 309 shares of the company’s stock valued at $25,000 after acquiring an additional 283 shares during the last quarter. Finally, Fidelis Capital Partners LLC acquired a new stake in SPDR S&P 400 Mid Cap Value ETF during the 4th quarter worth approximately $1,853,000.

SPDR S&P 400 Mid Cap Value ETF Trading Up 0.8 %

Shares of MDYV stock opened at $78.59 on Friday. The company has a market capitalization of $2.49 billion, a P/E ratio of 18.12 and a beta of 1.17. The business’s 50 day moving average is $81.55 and its two-hundred day moving average is $81.11. SPDR S&P 400 Mid Cap Value ETF has a twelve month low of $70.14 and a twelve month high of $87.81.

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.