SPDR S&P 400 Mid Cap Value ETF (NYSEARCA:MDYV) Shares Sold by ProVise Management Group LLC

ProVise Management Group LLC lessened its stake in SPDR S&P 400 Mid Cap Value ETF (NYSEARCA:MDYV) by 10.4% in the 2nd quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm owned 5,341 shares of the company’s stock after selling 620 shares during the quarter. ProVise Management Group LLC’s holdings in SPDR S&P 400 Mid Cap Value ETF were worth $390,000 as of its most recent SEC filing.

Other hedge funds have also recently modified their holdings of the company. Envestnet Asset Management Inc. boosted its stake in shares of SPDR S&P 400 Mid Cap Value ETF by 663.7% during the 4th quarter. Envestnet Asset Management Inc. now owns 3,137,364 shares of the company’s stock worth $230,220,000 after acquiring an additional 2,726,536 shares in the last quarter. Wealth Enhancement Advisory Services LLC increased its holdings in SPDR S&P 400 Mid Cap Value ETF by 16.0% in the 1st quarter. Wealth Enhancement Advisory Services LLC now owns 5,237,228 shares of the company’s stock worth $398,029,000 after acquiring an additional 721,830 shares in the last quarter. Orion Portfolio Solutions LLC raised its position in SPDR S&P 400 Mid Cap Value ETF by 10,168.0% during the fourth quarter. Orion Portfolio Solutions LLC now owns 554,679 shares of the company’s stock worth $40,292,000 after acquiring an additional 549,277 shares during the period. Strategic Financial Concepts LLC lifted its holdings in SPDR S&P 400 Mid Cap Value ETF by 7,775.1% during the second 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 in the last quarter. Finally, Kestra Advisory Services LLC grew its position in shares of SPDR S&P 400 Mid Cap Value ETF by 242.0% in the first quarter. Kestra Advisory Services LLC now owns 529,356 shares of the company’s stock valued at $40,231,000 after purchasing an additional 374,595 shares during the period.

SPDR S&P 400 Mid Cap Value ETF Price Performance

NYSEARCA MDYV opened at $79.27 on Friday. SPDR S&P 400 Mid Cap Value ETF has a 1-year low of $59.67 and a 1-year high of $79.97. The company has a market cap of $2.66 billion, a PE ratio of 14.55 and a beta of 1.11. The stock’s 50 day simple moving average is $76.74 and its 200-day simple moving average is $74.61.

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.