RTD Financial Advisors Inc. Sells 2,723 Shares of SPDR S&P 400 Mid Cap Value ETF (NYSEARCA:MDYV)

RTD Financial Advisors Inc. lowered its stake in shares of SPDR S&P 400 Mid Cap Value ETF (NYSEARCA:MDYV) by 4.7% in the 1st quarter, according to the company in its most recent disclosure with the SEC. The firm owned 55,716 shares of the company’s stock after selling 2,723 shares during the quarter. RTD Financial Advisors Inc. owned approximately 0.18% of SPDR S&P 400 Mid Cap Value ETF worth $4,293,000 as of its most recent SEC filing.

Other institutional investors also recently added to or reduced their stakes in the company. Assetmark Inc. grew its position in SPDR S&P 400 Mid Cap Value ETF by 1,088.5% during the fourth quarter. Assetmark Inc. now owns 309 shares of the company’s stock valued at $25,000 after buying an additional 283 shares during the period. Copia Wealth Management bought a new position in SPDR S&P 400 Mid Cap Value ETF during the fourth quarter worth about $25,000. Wood Tarver Financial Group LLC bought a new position in SPDR S&P 400 Mid Cap Value ETF during the fourth quarter worth about $26,000. Versant Capital Management Inc bought a new position in SPDR S&P 400 Mid Cap Value ETF during the first quarter worth about $26,000. Finally, Millstone Evans Group LLC bought a new position in SPDR S&P 400 Mid Cap Value ETF during the fourth quarter worth about $36,000.

SPDR S&P 400 Mid Cap Value ETF Stock Down 1.5%

Shares of NYSEARCA:MDYV opened at $77.62 on Friday. The firm has a market capitalization of $2.34 billion, a PE ratio of 15.96 and a beta of 1.06. SPDR S&P 400 Mid Cap Value ETF has a twelve month low of $65.86 and a twelve month high of $87.81. The company has a 50-day moving average price of $75.25 and a two-hundred day moving average price of $78.86.

SPDR S&P 400 Mid Cap Value ETF Company 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.