Swmg LLC Lowers Stock Position in SPDR S&P 400 Mid Cap Value ETF $MDYV

Swmg LLC reduced its stake in shares of SPDR S&P 400 Mid Cap Value ETF (NYSEARCA:MDYV) by 5.3% during the second quarter, Holdings Channel reports. The institutional investor owned 5,339 shares of the company’s stock after selling 297 shares during the period. Swmg LLC’s holdings in SPDR S&P 400 Mid Cap Value ETF were worth $438,000 as of its most recent filing with the Securities & Exchange Commission.

Other large investors have also recently made changes to their positions in the company. MJT & Associates Financial Advisory Group Inc. purchased a new position in shares of SPDR S&P 400 Mid Cap Value ETF during the 1st quarter valued at about $38,000. Compass Financial Services Inc bought a new stake in SPDR S&P 400 Mid Cap Value ETF during the 1st quarter valued at approximately $63,000. Tower View Wealth Management LLC raised its stake in SPDR S&P 400 Mid Cap Value ETF by 542.4% during the 1st quarter. Tower View Wealth Management LLC now owns 970 shares of the company’s stock valued at $75,000 after purchasing an additional 819 shares during the period. Nova Wealth Management Inc. raised its stake in SPDR S&P 400 Mid Cap Value ETF by 488.7% during the 2nd quarter. Nova Wealth Management Inc. now owns 989 shares of the company’s stock valued at $79,000 after purchasing an additional 821 shares during the period. Finally, Smartleaf Asset Management LLC raised its stake in SPDR S&P 400 Mid Cap Value ETF by 3,903.8% during the 1st quarter. Smartleaf Asset Management LLC now owns 1,041 shares of the company’s stock valued at $80,000 after purchasing an additional 1,015 shares during the period.

SPDR S&P 400 Mid Cap Value ETF Trading Up 0.3%

Shares of MDYV opened at $82.42 on Friday. The business’s 50 day moving average is $83.23 and its 200 day moving average is $79.32. The company has a market capitalization of $2.41 billion, a PE ratio of 15.85 and a beta of 1.17. SPDR S&P 400 Mid Cap Value ETF has a 12-month low of $65.86 and a 12-month 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.