Prime Capital Investment Advisors LLC Has $226,000 Stake in SPDR S&P 400 Mid Cap Value ETF (NYSEARCA:MDYV)

Prime Capital Investment Advisors LLC trimmed its holdings in shares of SPDR S&P 400 Mid Cap Value ETF (NYSEARCA:MDYV) by 57.7% during the 3rd quarter, HoldingsChannel reports. The institutional investor owned 2,846 shares of the company’s stock after selling 3,875 shares during the period. Prime Capital Investment Advisors LLC’s holdings in SPDR S&P 400 Mid Cap Value ETF were worth $226,000 as of its most recent SEC filing.

Other hedge funds have also recently bought and sold shares of the company. Evermay Wealth Management LLC acquired a new position in SPDR S&P 400 Mid Cap Value ETF during the first quarter worth $35,000. PSI Advisors LLC grew its position in shares of SPDR S&P 400 Mid Cap Value ETF by 35.5% in the second quarter. PSI Advisors LLC now owns 584 shares of the company’s stock valued at $43,000 after purchasing an additional 153 shares during the last quarter. Gradient Investments LLC grew its position in shares of SPDR S&P 400 Mid Cap Value ETF by 1,259.7% in the second quarter. Gradient Investments LLC now owns 1,047 shares of the company’s stock valued at $76,000 after purchasing an additional 970 shares during the last quarter. US Bancorp DE grew its position in shares of SPDR S&P 400 Mid Cap Value ETF by 26.5% in the third quarter. US Bancorp DE now owns 955 shares of the company’s stock valued at $76,000 after purchasing an additional 200 shares during the last quarter. Finally, Cullen Frost Bankers Inc. acquired a new stake in shares of SPDR S&P 400 Mid Cap Value ETF in the second quarter valued at about $80,000.

SPDR S&P 400 Mid Cap Value ETF Stock Performance

Shares of NYSEARCA:MDYV opened at $82.73 on Monday. The company has a market cap of $2.78 billion, a P/E ratio of 14.55 and a beta of 1.11. The stock’s 50-day moving average is $80.02 and its 200-day moving average is $76.71. SPDR S&P 400 Mid Cap Value ETF has a 52-week low of $65.34 and a 52-week high of $85.67.

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.