SPDR S&P 400 Mid Cap Value ETF $MDYV Stock Position Lowered by Marotta Asset Management

Marotta Asset Management reduced its holdings in SPDR S&P 400 Mid Cap Value ETF (NYSEARCA:MDYV) by 8.2% in the 2nd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 53,613 shares of the company’s stock after selling 4,795 shares during the period. Marotta Asset Management’s holdings in SPDR S&P 400 Mid Cap Value ETF were worth $4,258,000 at the end of the most recent reporting period.

Other hedge funds have also recently bought and sold shares of the company. Bank of America Corp DE lifted its stake in SPDR S&P 400 Mid Cap Value ETF by 4.6% in the 4th quarter. Bank of America Corp DE now owns 68,187 shares of the company’s stock worth $5,469,000 after acquiring an additional 3,002 shares in the last quarter. Kestra Private Wealth Services LLC purchased a new stake in SPDR S&P 400 Mid Cap Value ETF in the 1st quarter worth about $205,000. Envestnet Asset Management Inc. lifted its stake in SPDR S&P 400 Mid Cap Value ETF by 39.7% in the 1st quarter. Envestnet Asset Management Inc. now owns 329,148 shares of the company’s stock worth $25,361,000 after acquiring an additional 93,604 shares in the last quarter. Florida Financial Advisors LLC lifted its stake in SPDR S&P 400 Mid Cap Value ETF by 64.6% in the 1st quarter. Florida Financial Advisors LLC now owns 23,576 shares of the company’s stock worth $1,746,000 after acquiring an additional 9,251 shares in the last quarter. Finally, Portside Wealth Group LLC lifted its stake in SPDR S&P 400 Mid Cap Value ETF by 9.1% in the 1st quarter. Portside Wealth Group LLC now owns 9,254 shares of the company’s stock worth $742,000 after acquiring an additional 773 shares in the last quarter.

SPDR S&P 400 Mid Cap Value ETF Trading Down 1.1%

Shares of SPDR S&P 400 Mid Cap Value ETF stock opened at $84.24 on Friday. The stock has a 50-day moving average price of $82.12 and a 200 day moving average price of $78.40. The company has a market cap of $2.50 billion, a P/E ratio of 15.85 and a beta of 1.17. SPDR S&P 400 Mid Cap Value ETF has a 1 year low of $65.86 and a 1 year 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.