Motive Wealth Advisors Acquires Shares of 4,218 SPDR S&P 400 Mid Cap Value ETF (NYSEARCA:MDYV)

Motive Wealth Advisors acquired a new stake in SPDR S&P 400 Mid Cap Value ETF (NYSEARCA:MDYV) in the first quarter, Holdings Channel reports. The fund acquired 4,218 shares of the company’s stock, valued at approximately $321,000.

A number of other institutional investors have also recently bought and sold shares of MDYV. Envestnet Asset Management Inc. lifted its holdings in shares of SPDR S&P 400 Mid Cap Value ETF by 663.7% during the 4th quarter. Envestnet Asset Management Inc. now owns 3,137,364 shares of the company’s stock worth $230,220,000 after acquiring an additional 2,726,536 shares during the period. Wealth Enhancement Advisory Services LLC lifted its holdings in shares of SPDR S&P 400 Mid Cap Value ETF by 16.0% during the 1st quarter. Wealth Enhancement Advisory Services LLC now owns 5,237,228 shares of the company’s stock worth $398,029,000 after acquiring an additional 721,830 shares during the period. Orion Portfolio Solutions LLC lifted its holdings in shares of SPDR S&P 400 Mid Cap Value ETF by 10,168.0% during the 4th quarter. Orion Portfolio Solutions LLC now owns 554,679 shares of the company’s stock worth $40,292,000 after acquiring an additional 549,277 shares during the period. Confluence Investment Management LLC bought a new stake in shares of SPDR S&P 400 Mid Cap Value ETF during the 1st quarter worth approximately $24,784,000. Finally, Tradewinds Capital Management LLC lifted its holdings in shares of SPDR S&P 400 Mid Cap Value ETF by 10,210.4% during the 1st quarter. Tradewinds Capital Management LLC now owns 220,951 shares of the company’s stock worth $16,792,000 after acquiring an additional 218,808 shares during the period.

SPDR S&P 400 Mid Cap Value ETF Stock Performance

Shares of SPDR S&P 400 Mid Cap Value ETF stock traded up $0.62 on Friday, reaching $75.35. 76,655 shares of the stock were exchanged, compared to its average volume of 221,770. The firm’s 50 day moving average is $73.69 and its 200-day moving average is $72.96. SPDR S&P 400 Mid Cap Value ETF has a one year low of $59.67 and a one year high of $76.39. The firm has a market cap of $2.53 billion, a PE ratio of 14.55 and a beta of 1.11.

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.