Private Advisor Group LLC Trims Holdings in SPDR S&P 400 Mid Cap Value ETF (NYSEARCA:MDYV)

Private Advisor Group LLC decreased its stake in shares of SPDR S&P 400 Mid Cap Value ETF (NYSEARCA:MDYV) by 46.6% during the fourth quarter, according to its most recent filing with the SEC. The institutional investor owned 59,754 shares of the company’s stock after selling 52,057 shares during the period. Private Advisor Group LLC owned 0.18% of SPDR S&P 400 Mid Cap Value ETF worth $4,385,000 as of its most recent SEC filing.

Several other large investors have also added to or reduced their stakes in the stock. Capital Investment Advisory Services LLC lifted its stake in 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 worth $41,000 after purchasing an additional 161 shares in the last quarter. Fifth Third Bancorp purchased a new position in SPDR S&P 400 Mid Cap Value ETF during the third quarter worth about $62,000. UMB Bank n.a. increased its stake in SPDR S&P 400 Mid Cap Value ETF by 41.3% in the 4th quarter. UMB Bank n.a. now owns 1,301 shares of the company’s stock worth $95,000 after acquiring an additional 380 shares during the last quarter. RIA Advisory Group LLC purchased a new stake in shares of SPDR S&P 400 Mid Cap Value ETF in the 4th quarter valued at about $196,000. Finally, Edmonds Duncan Registered Investment Advisors LLC bought a new stake in shares of SPDR S&P 400 Mid Cap Value ETF during the 4th quarter valued at about $202,000.

SPDR S&P 400 Mid Cap Value ETF Price Performance

MDYV stock opened at $74.77 on Friday. The firm has a 50 day simple moving average of $73.30 and a two-hundred day simple moving average of $70.69. The stock has a market cap of $2.57 billion, a PE ratio of 13.97 and a beta of 1.11. SPDR S&P 400 Mid Cap Value ETF has a one year low of $59.67 and a one year high of $76.26.

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.