WealthShield Partners LLC Has $7.29 Million Position in SPDR S&P 400 Mid Cap Value ETF (NYSEARCA:MDYV)

WealthShield Partners LLC increased its stake in shares of SPDR S&P 400 Mid Cap Value ETF (NYSEARCA:MDYV) by 29.9% in the 4th quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 90,951 shares of the company’s stock after purchasing an additional 20,953 shares during the quarter. SPDR S&P 400 Mid Cap Value ETF makes up approximately 1.0% of WealthShield Partners LLC’s portfolio, making the stock its 24th largest position. WealthShield Partners LLC owned about 0.27% of SPDR S&P 400 Mid Cap Value ETF worth $7,294,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. Park Avenue Securities LLC raised its position in SPDR S&P 400 Mid Cap Value ETF by 12.2% during the fourth quarter. Park Avenue Securities LLC now owns 11,920 shares of the company’s stock valued at $956,000 after acquiring an additional 1,292 shares in the last quarter. JPMorgan Chase & Co. raised its position in SPDR S&P 400 Mid Cap Value ETF by 2.9% during the third quarter. JPMorgan Chase & Co. now owns 14,758 shares of the company’s stock valued at $1,173,000 after acquiring an additional 410 shares in the last quarter. Integrated Wealth Concepts LLC raised its position in SPDR S&P 400 Mid Cap Value ETF by 0.3% during the third quarter. Integrated Wealth Concepts LLC now owns 39,985 shares of the company’s stock valued at $3,177,000 after acquiring an additional 134 shares in the last quarter. Bill Few Associates Inc. raised its position in SPDR S&P 400 Mid Cap Value ETF by 30.2% during the fourth quarter. Bill Few Associates Inc. now owns 11,109 shares of the company’s stock valued at $891,000 after acquiring an additional 2,577 shares in the last quarter. Finally, World Equity Group Inc. bought a new position in SPDR S&P 400 Mid Cap Value ETF during the third quarter valued at approximately $378,000.

SPDR S&P 400 Mid Cap Value ETF Stock Performance

Shares of MDYV opened at $80.70 on Monday. The firm has a market cap of $2.56 billion, a PE ratio of 18.12 and a beta of 1.17. The firm’s 50 day moving average price is $81.83 and its 200 day moving average price is $80.89. SPDR S&P 400 Mid Cap Value ETF has a twelve month low of $70.14 and a twelve month high of $87.81.

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.