Elevation Point Wealth Partners LLC Invests $775,000 in SPDR S&P 400 Mid Cap Value ETF $MDYV

Elevation Point Wealth Partners LLC bought a new position in shares of SPDR S&P 400 Mid Cap Value ETF (NYSEARCA:MDYV) during the 1st quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm bought 9,100 shares of the company’s stock, valued at approximately $775,000.

Several other institutional investors also recently bought and sold shares of the stock. US Bancorp DE grew its stake in shares of SPDR S&P 400 Mid Cap Value ETF by 23.9% during the 3rd quarter. US Bancorp DE now owns 643 shares of the company’s stock worth $54,000 after purchasing an additional 124 shares during the period. Miller Capital Partners Inc. purchased a new position in SPDR S&P 400 Mid Cap Value ETF in the fourth quarter valued at $65,000. CoreCap Advisors LLC raised its position in shares of SPDR S&P 400 Mid Cap Value ETF by 39.4% in the fourth quarter. CoreCap Advisors LLC now owns 852 shares of the company’s stock worth $72,000 after acquiring an additional 241 shares during the period. Ameriflex Group Inc. raised its position in shares of SPDR S&P 400 Mid Cap Value ETF by 5,337.5% in the third quarter. Ameriflex Group Inc. now owns 870 shares of the company’s stock worth $73,000 after acquiring an additional 854 shares during the period. Finally, Tucker Asset Management LLC boosted its stake in shares of SPDR S&P 400 Mid Cap Value ETF by 160.6% during the 4th quarter. Tucker Asset Management LLC now owns 1,058 shares of the company’s stock worth $90,000 after acquiring an additional 652 shares in the last quarter.

SPDR S&P 400 Mid Cap Value ETF Stock Down 0.7%

NYSEARCA:MDYV opened at $93.77 on Wednesday. SPDR S&P 400 Mid Cap Value ETF has a 52 week low of $78.19 and a 52 week high of $95.34. The stock has a market capitalization of $2.71 billion, a PE ratio of 15.85 and a beta of 0.96. The stock’s 50-day moving average price is $92.05 and its 200-day moving average price is $89.45.

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. 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.