Fmr LLC Cuts Position in SPDR S&P 400 Mid Cap Value ETF (NYSEARCA:MDYV)

Fmr LLC lowered its stake in shares of SPDR S&P 400 Mid Cap Value ETF (NYSEARCA:MDYV) by 26.9% during the third quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 5,313 shares of the company’s stock after selling 1,959 shares during the period. Fmr LLC’s holdings in SPDR S&P 400 Mid Cap Value ETF were worth $422,000 as of its most recent filing with the Securities and Exchange Commission.

Several other institutional investors and hedge funds also recently added to or reduced their stakes in the stock. Raymond James Financial Services Advisors Inc. boosted its stake in shares of SPDR S&P 400 Mid Cap Value ETF by 161.5% during the 2nd quarter. Raymond James Financial Services Advisors Inc. now owns 185,552 shares of the company’s stock worth $13,534,000 after acquiring an additional 114,596 shares in the last quarter. Salomon & Ludwin LLC boosted its position in SPDR S&P 400 Mid Cap Value ETF by 9.2% during the second quarter. Salomon & Ludwin LLC now owns 13,088 shares of the company’s stock worth $955,000 after purchasing an additional 1,103 shares in the last quarter. Bailard Inc. grew its holdings in SPDR S&P 400 Mid Cap Value ETF by 0.4% in the second quarter. Bailard Inc. now owns 50,272 shares of the company’s stock valued at $3,667,000 after purchasing an additional 201 shares during the last quarter. Lutz Financial Services LLC grew its holdings in SPDR S&P 400 Mid Cap Value ETF by 1.6% in the second quarter. Lutz Financial Services LLC now owns 676,075 shares of the company’s stock valued at $49,313,000 after purchasing an additional 10,868 shares during the last quarter. Finally, International Assets Investment Management LLC purchased a new position in shares of SPDR S&P 400 Mid Cap Value ETF in the second quarter valued at $180,000.

SPDR S&P 400 Mid Cap Value ETF Stock Down 0.3 %

NYSEARCA:MDYV opened at $79.49 on Friday. SPDR S&P 400 Mid Cap Value ETF has a 52-week low of $69.88 and a 52-week high of $87.81. The stock has a fifty day simple moving average of $83.04 and a 200-day simple moving average of $78.37. The company has a market capitalization of $2.67 billion, a PE ratio of 14.55 and a beta of 1.11.

SPDR S&P 400 Mid Cap Value ETF 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.