Park Avenue Securities LLC Sells 18,758 Shares of SPDR S&P 400 Mid Cap Value ETF (NYSEARCA:MDYV)

Park Avenue Securities LLC lessened its stake in SPDR S&P 400 Mid Cap Value ETF (NYSEARCA:MDYV) by 67.5% in the 1st quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 9,037 shares of the company’s stock after selling 18,758 shares during the quarter. Park Avenue Securities LLC’s holdings in SPDR S&P 400 Mid Cap Value ETF were worth $687,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also made changes to their positions in MDYV. Scarborough Advisors LLC acquired a new stake in SPDR S&P 400 Mid Cap Value ETF in the fourth quarter valued at $35,000. Richardson Financial Services Inc. bought a new position in SPDR S&P 400 Mid Cap Value ETF during the fourth quarter worth about $35,000. Capital Investment Advisory Services LLC increased its position in SPDR S&P 400 Mid Cap Value ETF by 40.1% during the fourth quarter. Capital Investment Advisory Services LLC now owns 562 shares of the company’s stock worth $41,000 after buying an additional 161 shares during the last quarter. UMB Bank n.a. raised its stake in SPDR S&P 400 Mid Cap Value ETF by 41.3% in the fourth quarter. UMB Bank n.a. now owns 1,301 shares of the company’s stock valued at $95,000 after buying an additional 380 shares during the period. Finally, Tidemark LLC acquired a new stake in shares of SPDR S&P 400 Mid Cap Value ETF in the fourth quarter valued at approximately $106,000.

SPDR S&P 400 Mid Cap Value ETF Trading Up 0.3 %

MDYV stock opened at $72.52 on Friday. SPDR S&P 400 Mid Cap Value ETF has a 1-year low of $59.67 and a 1-year high of $76.39. The business’s 50 day simple moving average is $73.46 and its 200 day simple moving average is $72.91. The firm has a market capitalization of $2.44 billion, a PE ratio of 14.55 and a beta of 1.11.

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.