Royal Bank of Canada Boosts Stock Holdings in SPDR S&P 400 Mid Cap Value ETF $MDYV

Royal Bank of Canada boosted its position in SPDR S&P 400 Mid Cap Value ETF (NYSEARCA:MDYV) by 16.3% in the first quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 48,141 shares of the company’s stock after purchasing an additional 6,741 shares during the period. Royal Bank of Canada’s holdings in SPDR S&P 400 Mid Cap Value ETF were worth $4,100,000 as of its most recent filing with the Securities & Exchange Commission.

Other institutional investors also recently added to or reduced their stakes in the company. AE Wealth Management LLC raised its stake in shares of SPDR S&P 400 Mid Cap Value ETF by 29.8% during the 4th quarter. AE Wealth Management LLC now owns 858,798 shares of the company’s stock worth $72,697,000 after buying an additional 197,095 shares in the last quarter. WCG Wealth Advisors LLC lifted its holdings in shares of SPDR S&P 400 Mid Cap Value ETF by 187.5% in the 4th quarter. WCG Wealth Advisors LLC now owns 240,820 shares of the company’s stock valued at $20,386,000 after buying an additional 157,062 shares during the period. MML Investors Services LLC boosted its stake in shares of SPDR S&P 400 Mid Cap Value ETF by 86.7% in the second quarter. MML Investors Services LLC now owns 152,886 shares of the company’s stock valued at $12,144,000 after buying an additional 70,997 shares in the last quarter. Avantax Planning Partners Inc. boosted its stake in shares of SPDR S&P 400 Mid Cap Value ETF by 7.1% in the fourth quarter. Avantax Planning Partners Inc. now owns 893,442 shares of the company’s stock valued at $75,630,000 after buying an additional 59,114 shares in the last quarter. Finally, CWM LLC grew its holdings in SPDR S&P 400 Mid Cap Value ETF by 40.5% during the fourth quarter. CWM LLC now owns 201,385 shares of the company’s stock worth $17,047,000 after acquiring an additional 58,082 shares during the period.

SPDR S&P 400 Mid Cap Value ETF Price Performance

Shares of MDYV stock opened at $97.39 on Friday. The business’s fifty day moving average price is $94.65 and its 200 day moving average price is $91.02. The firm has a market capitalization of $2.85 billion, a PE ratio of 15.85 and a beta of 0.96. SPDR S&P 400 Mid Cap Value ETF has a 1-year low of $79.64 and a 1-year high of $97.58.

About SPDR S&P 400 Mid Cap Value ETF

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.