Capital Wealth Management LLC Purchases 6,644 Shares of SPDR S&P 400 Mid Cap Value ETF $MDYV

Capital Wealth Management LLC boosted its holdings in SPDR S&P 400 Mid Cap Value ETF (NYSEARCA:MDYV) by 7.3% in the first quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 97,552 shares of the company’s stock after buying an additional 6,644 shares during the quarter. SPDR S&P 400 Mid Cap Value ETF makes up approximately 2.2% of Capital Wealth Management LLC’s investment portfolio, making the stock its 14th largest position. Capital Wealth Management LLC owned 0.34% of SPDR S&P 400 Mid Cap Value ETF worth $8,307,000 at the end of the most recent quarter.

Several other hedge funds have also added to or reduced their stakes in MDYV. LPL Financial LLC grew its holdings in SPDR S&P 400 Mid Cap Value ETF by 1.2% during the 4th 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 during the last quarter. Avantax Planning Partners Inc. raised its stake in shares of SPDR S&P 400 Mid Cap Value ETF by 7.1% during the fourth quarter. Avantax Planning Partners Inc. now owns 893,442 shares of the company’s stock valued at $75,630,000 after acquiring an additional 59,114 shares during the last quarter. AE Wealth Management LLC lifted its holdings in shares of SPDR S&P 400 Mid Cap Value ETF by 29.8% during the fourth 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 period. Lutz Financial Services LLC lifted its holdings in shares of SPDR S&P 400 Mid Cap Value ETF by 7.9% during the fourth quarter. Lutz Financial Services LLC now owns 783,438 shares of the company’s stock worth $66,318,000 after purchasing an additional 57,250 shares during the period. Finally, FAS Wealth Partners Inc. lifted its holdings in shares of SPDR S&P 400 Mid Cap Value ETF by 1.9% during the fourth quarter. FAS Wealth Partners Inc. now owns 610,840 shares of the company’s stock worth $51,708,000 after purchasing an additional 11,325 shares during the period.

SPDR S&P 400 Mid Cap Value ETF Stock Down 0.4%

NYSEARCA MDYV opened at $92.83 on Wednesday. The company has a market capitalization of $2.63 billion, a price-to-earnings ratio of 15.85 and a beta of 0.96. SPDR S&P 400 Mid Cap Value ETF has a twelve month low of $78.19 and a twelve month high of $95.34. The stock has a fifty day simple moving average of $91.25 and a 200 day simple moving average of $88.85.

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.