Avior Wealth Management LLC Acquires 4,402 Shares of SPDR S&P 400 Mid Cap Value ETF (NYSEARCA:MDYV)

Avior Wealth Management LLC raised its holdings in SPDR S&P 400 Mid Cap Value ETF (NYSEARCA:MDYV) by 2.2% during the third quarter, HoldingsChannel.com reports. The institutional investor owned 201,871 shares of the company’s stock after acquiring an additional 4,402 shares during the period. Avior Wealth Management LLC’s holdings in SPDR S&P 400 Mid Cap Value ETF were worth $16,041,000 as of its most recent filing with the Securities & Exchange Commission.

Several other institutional investors also recently added to or reduced their stakes in MDYV. Evermay Wealth Management LLC bought a new position in SPDR S&P 400 Mid Cap Value ETF during the first quarter worth $35,000. Kestra Advisory Services LLC increased its holdings in shares of SPDR S&P 400 Mid Cap Value ETF by 242.0% during the 1st quarter. Kestra Advisory Services LLC now owns 529,356 shares of the company’s stock worth $40,231,000 after purchasing an additional 374,595 shares during the period. Mount Yale Investment Advisors LLC acquired a new position in shares of SPDR S&P 400 Mid Cap Value ETF during the first quarter valued at about $347,000. Comerica Bank lifted its stake in shares of SPDR S&P 400 Mid Cap Value ETF by 3.3% in the first quarter. Comerica Bank now owns 9,937 shares of the company’s stock valued at $755,000 after buying an additional 316 shares during the period. Finally, ARQ Wealth Advisors LLC grew its position in SPDR S&P 400 Mid Cap Value ETF by 27.5% during the first quarter. ARQ Wealth Advisors LLC now owns 9,244 shares of the company’s stock worth $703,000 after buying an additional 1,993 shares in the last quarter.

SPDR S&P 400 Mid Cap Value ETF Stock Up 0.1 %

Shares of MDYV opened at $82.85 on Tuesday. The stock’s 50-day moving average price is $80.16 and its 200 day moving average price is $76.79. The firm has a market capitalization of $2.78 billion, a price-to-earnings ratio of 14.55 and a beta of 1.11. SPDR S&P 400 Mid Cap Value ETF has a 12-month low of $65.81 and a 12-month high of $85.67.

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.