MML Investors Services LLC Decreases Position in SPDR S&P 400 Mid Cap Value ETF (NYSEARCA:MDYV)

MML Investors Services LLC trimmed its holdings in shares of SPDR S&P 400 Mid Cap Value ETF (NYSEARCA:MDYV) by 68.2% during the 3rd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 3,626 shares of the company’s stock after selling 7,759 shares during the quarter. MML Investors Services LLC’s holdings in SPDR S&P 400 Mid Cap Value ETF were worth $288,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other hedge funds also recently added to or reduced their stakes in the company. Wealth Enhancement Advisory Services LLC grew its stake in shares of SPDR S&P 400 Mid Cap Value ETF by 7.6% during the third quarter. Wealth Enhancement Advisory Services LLC now owns 6,357,586 shares of the company’s stock worth $505,174,000 after acquiring an additional 450,824 shares during the last quarter. Lutz Financial Services LLC grew its position in SPDR S&P 400 Mid Cap Value ETF by 2.2% during the 3rd quarter. Lutz Financial Services LLC now owns 690,992 shares of the company’s stock worth $54,906,000 after purchasing an additional 14,917 shares during the last quarter. Benjamin Edwards Inc. increased its stake in SPDR S&P 400 Mid Cap Value ETF by 2,202.9% during the 3rd quarter. Benjamin Edwards Inc. now owns 470,855 shares of the company’s stock valued at $37,414,000 after purchasing an additional 450,409 shares in the last quarter. Strategic Financial Concepts LLC raised its holdings in shares of SPDR S&P 400 Mid Cap Value ETF by 7,775.1% in the second quarter. Strategic Financial Concepts LLC now owns 469,671 shares of the company’s stock worth $34,258,000 after buying an additional 463,707 shares during the last quarter. Finally, Canandaigua National Bank & Trust Co. raised its holdings in shares of SPDR S&P 400 Mid Cap Value ETF by 5.3% in the third quarter. Canandaigua National Bank & Trust Co. now owns 374,916 shares of the company’s stock worth $29,791,000 after buying an additional 18,836 shares during the last quarter.

SPDR S&P 400 Mid Cap Value ETF Price Performance

Shares of MDYV opened at $80.72 on Thursday. The company’s fifty day moving average price is $83.03 and its 200-day moving average price is $78.57. SPDR S&P 400 Mid Cap Value ETF has a 1-year low of $69.88 and a 1-year high of $87.81. The firm has a market capitalization of $2.71 billion, a PE ratio of 14.55 and a beta of 1.11.

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.