SPDR S&P 400 Mid Cap Value ETF (NYSEARCA:MDYV) Shares Sold by Wealthcare Advisory Partners LLC

Wealthcare Advisory Partners LLC lessened its holdings in shares of SPDR S&P 400 Mid Cap Value ETF (NYSEARCA:MDYV) by 36.2% in the fourth quarter, according to the company in its most recent filing with the SEC. The institutional investor owned 20,846 shares of the company’s stock after selling 11,832 shares during the quarter. Wealthcare Advisory Partners LLC’s holdings in SPDR S&P 400 Mid Cap Value ETF were worth $1,530,000 as of its most recent filing with the SEC.

Several other hedge funds have also recently bought and sold shares of the business. Capital Investment Advisory Services LLC raised its stake in shares of SPDR S&P 400 Mid Cap Value ETF by 40.1% in the 4th quarter. Capital Investment Advisory Services LLC now owns 562 shares of the company’s stock valued at $41,000 after acquiring an additional 161 shares during the period. Fifth Third Bancorp acquired a new position in shares of SPDR S&P 400 Mid Cap Value ETF during the third quarter worth about $62,000. UMB Bank n.a. boosted its position in shares of 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 worth $95,000 after buying an additional 380 shares during the period. RIA Advisory Group LLC purchased a new stake in shares of SPDR S&P 400 Mid Cap Value ETF in the fourth quarter worth about $196,000. Finally, B. Riley Wealth Advisors Inc. acquired a new stake in shares of SPDR S&P 400 Mid Cap Value ETF in the third quarter valued at about $201,000.

SPDR S&P 400 Mid Cap Value ETF Stock Up 0.6 %

Shares of MDYV traded up $0.43 during mid-day trading on Tuesday, reaching $74.42. 40,986 shares of the stock traded hands, compared to its average volume of 275,876. The stock has a fifty day simple moving average of $73.18 and a 200 day simple moving average of $70.55. SPDR S&P 400 Mid Cap Value ETF has a 12-month low of $59.67 and a 12-month high of $76.26. The firm has a market cap of $2.56 billion, a price-to-earnings ratio of 13.97 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.