Marotta Asset Management Purchases New Stake in SPDR S&P 400 Mid Cap Value ETF $MDYV

Marotta Asset Management acquired a new stake in shares of SPDR S&P 400 Mid Cap Value ETF (NYSEARCA:MDYV) in the third quarter, according to the company in its most recent disclosure with the SEC. The firm acquired 38,580 shares of the company’s stock, valued at approximately $3,415,000.

A number of other large investors have also added to or reduced their stakes in MDYV. NorthRock Partners LLC boosted its holdings in SPDR S&P 400 Mid Cap Value ETF by 6.2% in the second quarter. NorthRock Partners LLC now owns 1,427,030 shares of the company’s stock worth $135,354,000 after acquiring an additional 83,282 shares in the last quarter. Avantax Planning Partners Inc. increased its holdings in shares of SPDR S&P 400 Mid Cap Value ETF by 2.8% during the first quarter. Avantax Planning Partners Inc. now owns 918,268 shares of the company’s stock valued at $78,191,000 after acquiring an additional 24,826 shares in the last quarter. Lutz Financial Services LLC increased its holdings in shares of SPDR S&P 400 Mid Cap Value ETF by 2.9% during the first quarter. Lutz Financial Services LLC now owns 805,859 shares of the company’s stock valued at $68,619,000 after acquiring an additional 22,421 shares in the last quarter. FAS Wealth Partners Inc. raised its position in shares of SPDR S&P 400 Mid Cap Value ETF by 2.4% in the 1st quarter. FAS Wealth Partners Inc. now owns 625,208 shares of the company’s stock worth $53,236,000 after purchasing an additional 14,368 shares during the last quarter. Finally, Cetera Investment Advisers raised its position in shares of SPDR S&P 400 Mid Cap Value ETF by 7.5% in the 1st quarter. Cetera Investment Advisers now owns 410,049 shares of the company’s stock worth $34,916,000 after purchasing an additional 28,763 shares during the last quarter.

SPDR S&P 400 Mid Cap Value ETF Price Performance

SPDR S&P 400 Mid Cap Value ETF stock traded up $0.82 during mid-day trading on Friday, reaching $90.22. The stock had a trading volume of 112,950 shares, compared to its average volume of 85,142. SPDR S&P 400 Mid Cap Value ETF has a one year low of $79.64 and a one year high of $97.58. The company has a 50-day moving average price of $94.06 and a two-hundred day moving average price of $91.88. The company has a market capitalization of $2.72 billion, a price-to-earnings ratio of 15.85 and a beta of 0.96.

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. 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.