Independent Advisor Alliance Acquires 175 Shares of SPDR S&P 400 Mid Cap Value ETF (NYSEARCA:MDYV)

Independent Advisor Alliance increased its holdings in SPDR S&P 400 Mid Cap Value ETF (NYSEARCA:MDYV) by 5.2% in the 3rd quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 3,565 shares of the company’s stock after acquiring an additional 175 shares during the quarter. Independent Advisor Alliance’s holdings in SPDR S&P 400 Mid Cap Value ETF were worth $283,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other large investors also recently bought and sold shares of the business. Wealth Enhancement Advisory Services LLC raised its stake in SPDR S&P 400 Mid Cap Value ETF by 7.6% during the third quarter. Wealth Enhancement Advisory Services LLC now owns 6,357,586 shares of the company’s stock valued at $505,174,000 after buying an additional 450,824 shares during the last quarter. Lutz Financial Services LLC boosted its stake in SPDR S&P 400 Mid Cap Value ETF by 2.2% in the 3rd quarter. Lutz Financial Services LLC now owns 690,992 shares of the company’s stock worth $54,906,000 after purchasing an additional 14,917 shares in the last quarter. Strategic Financial Concepts LLC grew its position in SPDR S&P 400 Mid Cap Value ETF by 7,775.1% during the 2nd quarter. Strategic Financial Concepts LLC now owns 469,671 shares of the company’s stock valued at $34,258,000 after purchasing an additional 463,707 shares during the last quarter. Canandaigua National Bank & Trust Co. increased its stake in SPDR S&P 400 Mid Cap Value ETF by 5.3% during the 3rd quarter. Canandaigua National Bank & Trust Co. now owns 374,916 shares of the company’s stock valued at $29,791,000 after purchasing an additional 18,836 shares in the last quarter. Finally, First Pacific Financial raised its holdings in SPDR S&P 400 Mid Cap Value ETF by 2.8% in the second quarter. First Pacific Financial now owns 359,076 shares of the company’s stock worth $26,191,000 after buying an additional 9,716 shares during the last quarter.

SPDR S&P 400 Mid Cap Value ETF Stock Down 0.2 %

NYSEARCA:MDYV opened at $86.51 on Friday. The stock has a market cap of $2.91 billion, a price-to-earnings ratio of 14.55 and a beta of 1.11. The company’s 50 day moving average price is $81.44 and its 200-day moving average price is $77.37. SPDR S&P 400 Mid Cap Value ETF has a 52 week low of $66.09 and a 52 week high of $87.81.

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.