SPDR S&P 400 Mid Cap Value ETF (NYSEARCA:MDYV) Shares Sold by MAI Capital Management

MAI Capital Management trimmed its holdings in SPDR S&P 400 Mid Cap Value ETF (NYSEARCA:MDYV) by 6.2% during the third quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund owned 15,517 shares of the company’s stock after selling 1,024 shares during the period. MAI Capital Management’s holdings in SPDR S&P 400 Mid Cap Value ETF were worth $1,233,000 at the end of the most recent reporting period.

A number of other hedge funds have also recently added to or reduced their stakes in MDYV. Cetera Investment Advisers raised its holdings in shares of SPDR S&P 400 Mid Cap Value ETF by 17.0% in the 1st quarter. Cetera Investment Advisers now owns 153,983 shares of the company’s stock worth $11,703,000 after purchasing an additional 22,341 shares during the period. Gradient Investments LLC grew its stake in SPDR S&P 400 Mid Cap Value ETF by 1,259.7% during the 2nd quarter. Gradient Investments LLC now owns 1,047 shares of the company’s stock valued at $76,000 after purchasing an additional 970 shares in the last quarter. Raymond James Financial Services Advisors Inc. grew its stake in SPDR S&P 400 Mid Cap Value ETF by 161.5% during the 2nd quarter. Raymond James Financial Services Advisors Inc. now owns 185,552 shares of the company’s stock valued at $13,534,000 after purchasing an additional 114,596 shares in the last quarter. Commonwealth Equity Services LLC grew its stake in SPDR S&P 400 Mid Cap Value ETF by 26.3% during the 2nd quarter. Commonwealth Equity Services LLC now owns 165,857 shares of the company’s stock valued at $12,098,000 after purchasing an additional 34,543 shares in the last quarter. Finally, Koss Olinger Consulting LLC acquired a new stake in SPDR S&P 400 Mid Cap Value ETF during the 2nd quarter valued at approximately $4,900,000.

SPDR S&P 400 Mid Cap Value ETF Stock Up 0.1 %

Shares of NYSEARCA MDYV opened at $83.09 on Thursday. SPDR S&P 400 Mid Cap Value ETF has a fifty-two week low of $65.92 and a fifty-two week high of $85.67. The business has a 50 day moving average price of $80.46 and a two-hundred day moving average price of $76.90. The firm has a market cap of $2.79 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.