Aviso Wealth Management Decreases Stake in SPDR S&P 400 Mid Cap Value ETF (NYSEARCA:MDYV)

Aviso Wealth Management cut its holdings in SPDR S&P 400 Mid Cap Value ETF (NYSEARCA:MDYV) by 7.7% in the 4th quarter, HoldingsChannel.com reports. The fund owned 2,755 shares of the company’s stock after selling 229 shares during the period. Aviso Wealth Management’s holdings in SPDR S&P 400 Mid Cap Value ETF were worth $221,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other institutional investors have also recently bought and sold shares of the business. Park Avenue Securities LLC raised its stake in shares of SPDR S&P 400 Mid Cap Value ETF by 12.2% in the fourth quarter. Park Avenue Securities LLC now owns 11,920 shares of the company’s stock valued at $956,000 after buying an additional 1,292 shares during the period. JPMorgan Chase & Co. boosted its position in SPDR S&P 400 Mid Cap Value ETF by 2.9% during the third quarter. JPMorgan Chase & Co. now owns 14,758 shares of the company’s stock worth $1,173,000 after purchasing an additional 410 shares during the period. Atria Wealth Solutions Inc. increased its stake in shares of SPDR S&P 400 Mid Cap Value ETF by 5.2% in the fourth quarter. Atria Wealth Solutions Inc. now owns 5,695 shares of the company’s stock worth $457,000 after purchasing an additional 283 shares in the last quarter. Integrated Wealth Concepts LLC raised its position in shares of SPDR S&P 400 Mid Cap Value ETF by 0.3% in the third quarter. Integrated Wealth Concepts LLC now owns 39,985 shares of the company’s stock valued at $3,177,000 after purchasing an additional 134 shares during the period. Finally, Bill Few Associates Inc. lifted its stake in shares of SPDR S&P 400 Mid Cap Value ETF by 30.2% during the 4th quarter. Bill Few Associates Inc. now owns 11,109 shares of the company’s stock valued at $891,000 after buying an additional 2,577 shares in the last quarter.

SPDR S&P 400 Mid Cap Value ETF Price Performance

Shares of MDYV stock opened at $78.43 on Wednesday. The stock has a market capitalization of $2.43 billion, a price-to-earnings ratio of 16.80 and a beta of 1.17. The company’s fifty day simple moving average is $80.89 and its two-hundred day simple moving average is $81.15. SPDR S&P 400 Mid Cap Value ETF has a 1 year low of $70.15 and a 1 year high of $87.81.

SPDR S&P 400 Mid Cap Value ETF Cuts Dividend

The company also recently declared a dividend, which will be paid on Wednesday, March 26th. Stockholders of record on Monday, March 24th will be issued a $0.2455 dividend. The ex-dividend date of this dividend is Monday, March 24th.

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.