Belpointe Asset Management LLC Sells 813 Shares of SPDR S&P 400 Mid Cap Value ETF $MDYV

Belpointe Asset Management LLC lessened its stake in shares of SPDR S&P 400 Mid Cap Value ETF (NYSEARCA:MDYV) by 11.6% in the 2nd quarter, according to its most recent disclosure with the SEC. The firm owned 6,210 shares of the company’s stock after selling 813 shares during the period. Belpointe Asset Management LLC’s holdings in SPDR S&P 400 Mid Cap Value ETF were worth $493,000 as of its most recent SEC filing.

Other hedge funds also recently made changes to their positions in the company. Kestra Private Wealth Services LLC bought a new position in shares of SPDR S&P 400 Mid Cap Value ETF during the 1st quarter valued at approximately $205,000. Envestnet Asset Management Inc. grew its stake in shares of SPDR S&P 400 Mid Cap Value ETF by 39.7% during the 1st quarter. Envestnet Asset Management Inc. now owns 329,148 shares of the company’s stock valued at $25,361,000 after acquiring an additional 93,604 shares during the period. Ameritas Advisory Services LLC grew its stake in shares of SPDR S&P 400 Mid Cap Value ETF by 5.8% during the 2nd quarter. Ameritas Advisory Services LLC now owns 4,538 shares of the company’s stock valued at $360,000 after acquiring an additional 247 shares during the period. Florida Financial Advisors LLC grew its stake in shares of SPDR S&P 400 Mid Cap Value ETF by 64.6% during the 1st quarter. Florida Financial Advisors LLC now owns 23,576 shares of the company’s stock valued at $1,746,000 after acquiring an additional 9,251 shares during the period. Finally, GHP Investment Advisors Inc. grew its stake in shares of SPDR S&P 400 Mid Cap Value ETF by 0.6% during the 1st quarter. GHP Investment Advisors Inc. now owns 275,305 shares of the company’s stock valued at $21,212,000 after acquiring an additional 1,659 shares during the period.

SPDR S&P 400 Mid Cap Value ETF Trading Down 1.0%

Shares of NYSEARCA:MDYV opened at $83.11 on Friday. The stock has a 50 day moving average of $82.89 and a 200 day moving average of $79.12. The company has a market cap of $2.44 billion, a PE ratio of 15.85 and a beta of 1.17. SPDR S&P 400 Mid Cap Value ETF has a 12-month low of $65.86 and a 12-month high of $87.81.

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.