IHT Wealth Management LLC Has $22.72 Million Stock Position in SPDR S&P 400 Mid Cap Value ETF (NYSEARCA:MDYV)

IHT Wealth Management LLC increased its holdings in shares of SPDR S&P 400 Mid Cap Value ETF (NYSEARCA:MDYV) by 382.6% during the 4th quarter, HoldingsChannel.com reports. The institutional investor owned 283,335 shares of the company’s stock after acquiring an additional 224,627 shares during the quarter. SPDR S&P 400 Mid Cap Value ETF makes up 0.7% of IHT Wealth Management LLC’s portfolio, making the stock its 22nd biggest position. IHT Wealth Management LLC’s holdings in SPDR S&P 400 Mid Cap Value ETF were worth $22,723,000 as of its most recent filing with the Securities and Exchange Commission.

Several other hedge funds and other institutional investors have also recently added to or reduced their stakes in the business. Assetmark Inc. boosted its holdings in shares of SPDR S&P 400 Mid Cap Value ETF by 1,088.5% in the fourth quarter. Assetmark Inc. now owns 309 shares of the company’s stock valued at $25,000 after buying an additional 283 shares during the period. MassMutual Private Wealth & Trust FSB boosted its stake in SPDR S&P 400 Mid Cap Value ETF by 996.9% in the 4th quarter. MassMutual Private Wealth & Trust FSB now owns 351 shares of the company’s stock worth $28,000 after purchasing an additional 319 shares during the period. Millstone Evans Group LLC bought a new position in SPDR S&P 400 Mid Cap Value ETF during the 4th quarter worth about $36,000. Crews Bank & Trust acquired a new stake in shares of SPDR S&P 400 Mid Cap Value ETF in the 4th quarter valued at about $45,000. Finally, Centricity Wealth Management LLC bought a new stake in shares of SPDR S&P 400 Mid Cap Value ETF in the fourth quarter valued at about $59,000.

SPDR S&P 400 Mid Cap Value ETF Stock Performance

NYSEARCA MDYV opened at $71.42 on Monday. SPDR S&P 400 Mid Cap Value ETF has a 52 week low of $65.86 and a 52 week high of $87.81. The stock’s 50 day moving average price is $76.68 and its two-hundred day moving average price is $80.34. The stock has a market capitalization of $2.15 billion, a price-to-earnings ratio of 14.94 and a beta of 1.06.

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.