ERn Financial LLC Trims Stake in SPDR S&P 400 Mid Cap Value ETF $MDYV

ERn Financial LLC decreased its holdings in shares of SPDR S&P 400 Mid Cap Value ETF (NYSEARCA:MDYV) by 6.3% during the second quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 196,840 shares of the company’s stock after selling 13,320 shares during the quarter. SPDR S&P 400 Mid Cap Value ETF comprises about 3.3% of ERn Financial LLC’s investment portfolio, making the stock its 4th largest position. ERn Financial LLC owned about 0.66% of SPDR S&P 400 Mid Cap Value ETF worth $15,635,000 at the end of the most recent quarter.

Several other institutional investors have also bought and sold shares of the business. Good Life Advisors LLC raised its position in shares of SPDR S&P 400 Mid Cap Value ETF by 1.4% during the 1st quarter. Good Life Advisors LLC now owns 10,448 shares of the company’s stock valued at $805,000 after buying an additional 143 shares in the last quarter. Courier Capital LLC increased its stake in SPDR S&P 400 Mid Cap Value ETF by 0.7% during the first quarter. Courier Capital LLC now owns 22,717 shares of the company’s stock worth $1,750,000 after acquiring an additional 151 shares during the last quarter. Friday Financial increased its stake in SPDR S&P 400 Mid Cap Value ETF by 3.5% during the first quarter. Friday Financial now owns 4,922 shares of the company’s stock worth $385,000 after acquiring an additional 166 shares during the last quarter. Everhart Financial Group Inc. raised its position in SPDR S&P 400 Mid Cap Value ETF by 2.4% during the first quarter. Everhart Financial Group Inc. now owns 7,441 shares of the company’s stock valued at $573,000 after purchasing an additional 175 shares during the period. Finally, Krilogy Financial LLC lifted its stake in shares of SPDR S&P 400 Mid Cap Value ETF by 1.5% in the 2nd quarter. Krilogy Financial LLC now owns 11,927 shares of the company’s stock valued at $947,000 after purchasing an additional 176 shares during the last quarter.

SPDR S&P 400 Mid Cap Value ETF Stock Performance

Shares of SPDR S&P 400 Mid Cap Value ETF stock opened at $83.42 on Monday. The stock has a market cap of $2.47 billion, a price-to-earnings ratio of 15.85 and a beta of 1.17. The stock has a 50 day moving average price of $82.53 and a 200-day moving average price of $78.78. SPDR S&P 400 Mid Cap Value ETF has a one year low of $65.86 and a one year high of $87.81.

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.