Benjamin Edwards Inc. Lowers Stock Holdings in SPDR S&P 400 Mid Cap Value ETF (NYSEARCA:MDYV)

Benjamin Edwards Inc. lowered its stake in shares of SPDR S&P 400 Mid Cap Value ETF (NYSEARCA:MDYV) by 48.3% during the second quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund owned 20,446 shares of the company’s stock after selling 19,115 shares during the quarter. Benjamin Edwards Inc. owned about 0.06% of SPDR S&P 400 Mid Cap Value ETF worth $1,491,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also recently made changes to their positions in MDYV. Avantax Advisory Services Inc. purchased a new position in shares of SPDR S&P 400 Mid Cap Value ETF during the fourth quarter worth about $245,000. Brown Advisory Inc. boosted its holdings in SPDR S&P 400 Mid Cap Value ETF by 4.5% in the 4th quarter. Brown Advisory Inc. now owns 4,527 shares of the company’s stock valued at $332,000 after purchasing an additional 195 shares in the last quarter. Wells Fargo & Company MN boosted its holdings in SPDR S&P 400 Mid Cap Value ETF by 0.7% in the 4th quarter. Wells Fargo & Company MN now owns 315,746 shares of the company’s stock valued at $23,169,000 after purchasing an additional 2,284 shares in the last quarter. Corient Private Wealth LLC purchased a new stake in SPDR S&P 400 Mid Cap Value ETF in the 4th quarter valued at approximately $3,612,000. Finally, Assetmark Inc. boosted its holdings in SPDR S&P 400 Mid Cap Value ETF by 1,505.1% in the 4th quarter. Assetmark Inc. now owns 2,536 shares of the company’s stock valued at $186,000 after purchasing an additional 2,378 shares in the last quarter.

SPDR S&P 400 Mid Cap Value ETF Trading Up 1.7 %

MDYV stock opened at $79.86 on Friday. The firm has a 50 day moving average of $76.66 and a 200-day moving average of $74.56. SPDR S&P 400 Mid Cap Value ETF has a 12-month low of $59.67 and a 12-month high of $79.97. The company has a market cap of $2.68 billion, a price-to-earnings 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.