Lutz Financial Services LLC Purchases 24,953 Shares of SPDR S&P 400 Mid Cap Value ETF $MDYV

Lutz Financial Services LLC grew its holdings in SPDR S&P 400 Mid Cap Value ETF (NYSEARCA:MDYV) by 3.6% in the third quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 726,188 shares of the company’s stock after buying an additional 24,953 shares during the quarter. SPDR S&P 400 Mid Cap Value ETF accounts for 4.4% of Lutz Financial Services LLC’s investment portfolio, making the stock its 6th largest position. Lutz Financial Services LLC’s holdings in SPDR S&P 400 Mid Cap Value ETF were worth $60,571,000 as of its most recent SEC filing.

Several other hedge funds have also recently modified their holdings of the stock. Glass Jacobson Investment Advisors llc raised its stake in SPDR S&P 400 Mid Cap Value ETF by 94.3% in the 3rd quarter. Glass Jacobson Investment Advisors llc now owns 515 shares of the company’s stock valued at $43,000 after purchasing an additional 250 shares during the last quarter. Capital A Wealth Management LLC boosted its holdings in SPDR S&P 400 Mid Cap Value ETF by 921.3% in the 2nd quarter. Capital A Wealth Management LLC now owns 623 shares of the company’s stock valued at $46,000 after purchasing an additional 562 shares during the last quarter. Atwood & Palmer Inc. purchased a new position in SPDR S&P 400 Mid Cap Value ETF in the third quarter worth approximately $61,000. Smartleaf Asset Management LLC increased its position in shares of SPDR S&P 400 Mid Cap Value ETF by 62.1% during the 2nd quarter. Smartleaf Asset Management LLC now owns 1,687 shares of the company’s stock worth $134,000 after purchasing an additional 646 shares during the last quarter. Finally, Steward Partners Investment Advisory LLC increased its position in shares of SPDR S&P 400 Mid Cap Value ETF by 13.5% during the second quarter. Steward Partners Investment Advisory LLC now owns 1,911 shares of the company’s stock valued at $152,000 after acquiring an additional 227 shares during the last quarter.

SPDR S&P 400 Mid Cap Value ETF Trading Down 2.1%

MDYV stock opened at $89.99 on Tuesday. The company has a market capitalization of $2.56 billion, a PE ratio of 15.85 and a beta of 1.05. SPDR S&P 400 Mid Cap Value ETF has a 12-month low of $65.86 and a 12-month high of $93.10. The business’s fifty day moving average price is $88.59 and its 200 day moving average price is $85.13.

SPDR S&P 400 Mid Cap Value ETF Company 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. 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.