SPDR S&P 400 Mid Cap Value ETF (MDYV) is Financial Advisory Service Inc.’s 4th Largest Position

Share on StockTwits

Financial Advisory Service Inc. lifted its position in SPDR S&P 400 Mid Cap Value ETF (NYSEARCA:MDYV) by 320.6% in the 3rd quarter, according to its most recent 13F filing with the SEC. The institutional investor owned 494,785 shares of the company’s stock after acquiring an additional 377,143 shares during the period. SPDR S&P 400 Mid Cap Value ETF accounts for about 6.0% of Financial Advisory Service Inc.’s investment portfolio, making the stock its 4th largest holding. Financial Advisory Service Inc.’s holdings in SPDR S&P 400 Mid Cap Value ETF were worth $26,585,000 at the end of the most recent reporting period.

Several other large investors have also recently made changes to their positions in MDYV. Wells Fargo & Company MN raised its position in shares of SPDR S&P 400 Mid Cap Value ETF by 85.6% in the 1st quarter. Wells Fargo & Company MN now owns 5,378 shares of the company’s stock worth $535,000 after acquiring an additional 2,480 shares in the last quarter. Royal Bank of Canada raised its position in shares of SPDR S&P 400 Mid Cap Value ETF by 3.5% in the 1st quarter. Royal Bank of Canada now owns 27,854 shares of the company’s stock worth $2,771,000 after acquiring an additional 939 shares in the last quarter. Pure Financial Advisors Inc. raised its position in shares of SPDR S&P 400 Mid Cap Value ETF by 100.0% in the 2nd quarter. Pure Financial Advisors Inc. now owns 32,165 shares of the company’s stock worth $1,674,000 after acquiring an additional 16,085 shares in the last quarter. JNBA Financial Advisors bought a new position in shares of SPDR S&P 400 Mid Cap Value ETF in the 2nd quarter worth approximately $112,000. Finally, Reilly Financial Advisors LLC raised its position in shares of SPDR S&P 400 Mid Cap Value ETF by 111.5% in the 2nd quarter. Reilly Financial Advisors LLC now owns 20,224 shares of the company’s stock worth $1,052,000 after acquiring an additional 10,663 shares in the last quarter.

MDYV stock opened at $50.65 on Wednesday. SPDR S&P 400 Mid Cap Value ETF has a twelve month low of $47.31 and a twelve month high of $54.94.

WARNING: “SPDR S&P 400 Mid Cap Value ETF (MDYV) is Financial Advisory Service Inc.’s 4th Largest Position” was first published by Week Herald and is the sole property of of Week Herald. If you are reading this piece of content on another site, it was illegally copied and reposted in violation of US & international trademark and copyright legislation. The correct version of this piece of content can be read at https://weekherald.com/2018/11/07/spdr-sp-400-mid-cap-value-etf-mdyv-is-financial-advisory-service-inc-s-4th-largest-position.html.

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.

Recommended Story: Return on Equity (ROE)

Want to see what other hedge funds are holding MDYV? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for SPDR S&P 400 Mid Cap Value ETF (NYSEARCA:MDYV).

Institutional Ownership by Quarter for SPDR S&P 400 Mid Cap Value ETF (NYSEARCA:MDYV)

Receive News & Ratings for SPDR S&P 400 Mid Cap Value ETF Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for SPDR S&P 400 Mid Cap Value ETF and related companies with MarketBeat.com's FREE daily email newsletter.

Leave a Reply