Clarus Wealth Advisors lifted its holdings in shares of SPDR S&P 400 Mid Cap Value ETF (NYSEARCA:MDYV – Free Report) by 4.8% in the second quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 29,169 shares of the company’s stock after purchasing an additional 1,343 shares during the period. SPDR S&P 400 Mid Cap Value ETF comprises approximately 1.2% of Clarus Wealth Advisors’ holdings, making the stock its 21st biggest holding. Clarus Wealth Advisors owned 0.09% of SPDR S&P 400 Mid Cap Value ETF worth $1,995,000 as of its most recent SEC filing.
Other large investors have also recently bought and sold shares of the company. Advisor Group Holdings Inc. grew its stake in SPDR S&P 400 Mid Cap Value ETF by 418.3% during the 4th quarter. Advisor Group Holdings Inc. now owns 2,734,504 shares of the company’s stock worth $177,030,000 after buying an additional 2,206,865 shares during the last quarter. Wealth Enhancement Advisory Services LLC bought a new stake in SPDR S&P 400 Mid Cap Value ETF during the first quarter worth approximately $128,897,000. Stifel Financial Corp increased its position in shares of SPDR S&P 400 Mid Cap Value ETF by 0.6% during the 1st quarter. Stifel Financial Corp now owns 1,626,018 shares of the company’s stock valued at $107,447,000 after purchasing an additional 10,082 shares during the period. Benjamin F. Edwards & Company Inc. increased its position in shares of SPDR S&P 400 Mid Cap Value ETF by 6.9% during the 1st quarter. Benjamin F. Edwards & Company Inc. now owns 1,156,194 shares of the company’s stock valued at $76,401,000 after purchasing an additional 74,589 shares during the period. Finally, Alesco Advisors LLC boosted its stake in SPDR S&P 400 Mid Cap Value ETF by 1.6% during the first quarter. Alesco Advisors LLC now owns 684,448 shares of the company’s stock valued at $45,228,000 after buying an additional 10,531 shares in the last quarter.
SPDR S&P 400 Mid Cap Value ETF Stock Performance
NYSEARCA MDYV traded down $0.62 on Friday, reaching $66.97. The company’s stock had a trading volume of 115,403 shares, compared to its average volume of 301,029. The firm’s 50 day moving average is $69.38 and its two-hundred day moving average is $66.98. SPDR S&P 400 Mid Cap Value ETF has a twelve month low of $57.63 and a twelve month high of $75.02. The stock has a market cap of $2.20 billion, a PE ratio of 10.10 and a beta of 1.17.
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.
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