FAS Wealth Partners Inc. Has $46.75 Million Holdings in SPDR S&P 400 Mid Cap Value ETF $MDYV

FAS Wealth Partners Inc. increased its holdings in SPDR S&P 400 Mid Cap Value ETF (NYSEARCA:MDYV) by 5.8% in the second quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 588,546 shares of the company’s stock after acquiring an additional 32,259 shares during the quarter. SPDR S&P 400 Mid Cap Value ETF makes up about 3.5% of FAS Wealth Partners Inc.’s investment portfolio, making the stock its 5th largest position. FAS Wealth Partners Inc. owned approximately 1.98% of SPDR S&P 400 Mid Cap Value ETF worth $46,748,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors also recently added to or reduced their stakes in the business. Prism Advisors Inc. bought a new stake in shares of SPDR S&P 400 Mid Cap Value ETF in the 2nd quarter valued at about $6,875,000. Clark Capital Management Group Inc. boosted its stake in shares of SPDR S&P 400 Mid Cap Value ETF by 34.3% during the first quarter. Clark Capital Management Group Inc. now owns 255,331 shares of the company’s stock valued at $19,673,000 after purchasing an additional 65,216 shares in the last quarter. Confluence Investment Management LLC increased its holdings in SPDR S&P 400 Mid Cap Value ETF by 26.4% during the second quarter. Confluence Investment Management LLC now owns 308,171 shares of the company’s stock valued at $24,478,000 after buying an additional 64,311 shares during the period. Titleist Asset Management LLC bought a new position in SPDR S&P 400 Mid Cap Value ETF in the second quarter worth approximately $4,555,000. Finally, NorthRock Partners LLC raised its stake in SPDR S&P 400 Mid Cap Value ETF by 3.1% in the second quarter. NorthRock Partners LLC now owns 1,369,003 shares of the company’s stock worth $108,740,000 after buying an additional 40,782 shares in the last quarter.

SPDR S&P 400 Mid Cap Value ETF Stock Up 2.2%

SPDR S&P 400 Mid Cap Value ETF stock opened at $86.51 on Thursday. The firm has a market cap of $2.47 billion, a P/E ratio of 15.85 and a beta of 1.05. The business has a fifty day moving average of $83.10 and a two-hundred day moving average of $81.86. SPDR S&P 400 Mid Cap Value ETF has a twelve month low of $65.86 and a twelve month high of $86.71.

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.