SPDR S&P 400 Mid Cap Value ETF $MDYV Stock Position Reduced by Total Wealth Planning LLC

Total Wealth Planning LLC cut its stake in shares of SPDR S&P 400 Mid Cap Value ETF (NYSEARCA:MDYV) by 94.0% during the fourth quarter, according to its most recent disclosure with the SEC. The institutional investor owned 5,992 shares of the company’s stock after selling 93,712 shares during the period. SPDR S&P 400 Mid Cap Value ETF comprises approximately 1.1% of Total Wealth Planning LLC’s holdings, making the stock its 21st largest position. Total Wealth Planning LLC’s holdings in SPDR S&P 400 Mid Cap Value ETF were worth $507,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also recently added to or reduced their stakes in MDYV. AE Wealth Management LLC grew its position in 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 valued at $72,697,000 after purchasing an additional 197,095 shares in the last quarter. WCG Wealth Advisors LLC grew its position in SPDR S&P 400 Mid Cap Value ETF by 187.5% in the fourth quarter. WCG Wealth Advisors LLC now owns 240,820 shares of the company’s stock worth $20,386,000 after acquiring an additional 157,062 shares in the last quarter. MML Investors Services LLC grew its position in SPDR S&P 400 Mid Cap Value ETF by 86.7% in the second quarter. MML Investors Services LLC now owns 152,886 shares of the company’s stock worth $12,144,000 after acquiring an additional 70,997 shares in the last quarter. Avantax Planning Partners Inc. grew its position in SPDR S&P 400 Mid Cap Value ETF by 7.1% in the fourth quarter. Avantax Planning Partners Inc. now owns 893,442 shares of the company’s stock worth $75,630,000 after acquiring an additional 59,114 shares in the last quarter. Finally, CWM LLC grew its position in SPDR S&P 400 Mid Cap Value ETF by 40.5% in the fourth quarter. CWM LLC now owns 201,385 shares of the company’s stock worth $17,047,000 after acquiring an additional 58,082 shares in the last quarter.

SPDR S&P 400 Mid Cap Value ETF Stock Up 0.8%

MDYV stock opened at $94.36 on Friday. The company has a market capitalization of $2.68 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 12 month low of $77.15 and a 12 month high of $94.76. The firm has a 50 day moving average of $90.36 and a two-hundred day moving average of $88.37.

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.