Lutz Financial Services LLC Acquires 22,421 Shares of SPDR S&P 400 Mid Cap Value ETF $MDYV

Lutz Financial Services LLC increased its stake in shares of SPDR S&P 400 Mid Cap Value ETF (NYSEARCA:MDYV) by 2.9% during the 1st quarter, according to its most recent disclosure with the SEC. The institutional investor owned 805,859 shares of the company’s stock after acquiring an additional 22,421 shares during the period. SPDR S&P 400 Mid Cap Value ETF comprises approximately 4.6% of Lutz Financial Services LLC’s investment portfolio, making the stock its 6th largest holding. Lutz Financial Services LLC’s holdings in SPDR S&P 400 Mid Cap Value ETF were worth $68,619,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. AQR Capital Management LLC lifted its stake in SPDR S&P 400 Mid Cap Value ETF by 38.4% in the 1st quarter. AQR Capital Management LLC now owns 3,563 shares of the company’s stock valued at $275,000 after purchasing an additional 988 shares during the last quarter. NewEdge Advisors LLC grew its holdings in SPDR S&P 400 Mid Cap Value ETF by 3.6% in the 1st quarter. NewEdge Advisors LLC now owns 6,395 shares of the company’s stock valued at $493,000 after buying an additional 221 shares in the last quarter. Goldman Sachs Group Inc. increased its position in SPDR S&P 400 Mid Cap Value ETF by 7.6% during the first quarter. Goldman Sachs Group Inc. now owns 261,025 shares of the company’s stock worth $20,112,000 after acquiring an additional 18,506 shares during the period. JPMorgan Chase & Co. increased its holdings in shares of SPDR S&P 400 Mid Cap Value ETF by 42.0% during the second quarter. JPMorgan Chase & Co. now owns 22,208 shares of the company’s stock worth $1,764,000 after purchasing an additional 6,571 shares during the period. Finally, M&T Bank Corp bought a new position in SPDR S&P 400 Mid Cap Value ETF during the 2nd quarter worth $245,000.

SPDR S&P 400 Mid Cap Value ETF Stock Up 0.0%

MDYV stock opened at $94.09 on Tuesday. The business has a 50-day simple moving average of $92.27 and a 200 day simple moving average of $89.67. The company has a market cap of $2.72 billion, a PE ratio of 15.85 and a beta of 0.96. SPDR S&P 400 Mid Cap Value ETF has a 52 week low of $78.19 and a 52 week high of $95.34.

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.