Wealth Enhancement Advisory Services LLC Cuts Stock Position in SPDR S&P 400 Mid Cap Value ETF $MDYV

Wealth Enhancement Advisory Services LLC trimmed its holdings in shares of SPDR S&P 400 Mid Cap Value ETF (NYSEARCA:MDYV) by 5.7% in the 3rd quarter, HoldingsChannel reports. The institutional investor owned 2,143,422 shares of the company’s stock after selling 129,420 shares during the period. Wealth Enhancement Advisory Services LLC owned 0.07% of SPDR S&P 400 Mid Cap Value ETF worth $178,761,000 at the end of the most recent reporting period.

A number of other institutional investors have also recently added to or reduced their stakes in the stock. Glass Jacobson Investment Advisors llc increased its holdings in SPDR S&P 400 Mid Cap Value ETF by 94.3% in the 3rd quarter. Glass Jacobson Investment Advisors llc now owns 515 shares of the company’s stock worth $43,000 after acquiring an additional 250 shares in the last quarter. Capital A Wealth Management LLC boosted its holdings in SPDR S&P 400 Mid Cap Value ETF by 921.3% in the 2nd quarter. Capital A Wealth Management LLC now owns 623 shares of the company’s stock worth $46,000 after buying an additional 562 shares during the last quarter. Atwood & Palmer Inc. acquired a new stake in SPDR S&P 400 Mid Cap Value ETF in the 3rd quarter worth about $61,000. Smartleaf Asset Management LLC increased its stake in SPDR S&P 400 Mid Cap Value ETF by 62.1% during the 2nd quarter. Smartleaf Asset Management LLC now owns 1,687 shares of the company’s stock worth $134,000 after buying an additional 646 shares in the last quarter. Finally, Steward Partners Investment Advisory LLC raised its holdings in shares of SPDR S&P 400 Mid Cap Value ETF by 13.5% during the second quarter. Steward Partners Investment Advisory LLC now owns 1,911 shares of the company’s stock valued at $152,000 after acquiring an additional 227 shares during the last quarter.

SPDR S&P 400 Mid Cap Value ETF Price Performance

NYSEARCA MDYV opened at $89.31 on Monday. The stock’s 50 day simple moving average is $85.18 and its 200-day simple moving average is $83.49. The company has a market cap of $2.59 billion, a PE ratio of 15.85 and a beta of 1.05. SPDR S&P 400 Mid Cap Value ETF has a 1-year low of $65.86 and a 1-year high of $89.83.

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. The selection universe for the S&P MidCap 400 Index includes all the United States common equities listed on the New York Stock Exchange, National Association of Securities Dealers Automated Quotation (NASDAQ) Global Select Market, NASDAQ Select Market and NASDAQ CapitalMarket with market capitalizations between $850 million and $3.8 billion.