Drive Wealth Management LLC Has $283,000 Position in SPDR S&P 400 Mid Cap Value ETF $MDYV

Drive Wealth Management LLC cut its position in shares of SPDR S&P 400 Mid Cap Value ETF (NYSEARCA:MDYV) by 6.2% in the second quarter, according to the company in its most recent disclosure with the SEC. The institutional investor owned 3,565 shares of the company’s stock after selling 235 shares during the quarter. Drive Wealth Management LLC’s holdings in SPDR S&P 400 Mid Cap Value ETF were worth $283,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also bought and sold shares of the company. Rodgers & Associates LTD boosted its position in SPDR S&P 400 Mid Cap Value ETF by 2.3% during the 1st quarter. Rodgers & Associates LTD now owns 216,093 shares of the company’s stock worth $16,650,000 after acquiring an additional 4,806 shares during the last quarter. Friday Financial lifted its position in shares of SPDR S&P 400 Mid Cap Value ETF by 3.5% in the first quarter. Friday Financial now owns 4,922 shares of the company’s stock worth $385,000 after purchasing an additional 166 shares in the last quarter. GHP Investment Advisors Inc. lifted its position in shares of SPDR S&P 400 Mid Cap Value ETF by 0.6% in the first quarter. GHP Investment Advisors Inc. now owns 275,305 shares of the company’s stock worth $21,212,000 after purchasing an additional 1,659 shares in the last quarter. First Pacific Financial boosted its holdings in SPDR S&P 400 Mid Cap Value ETF by 0.9% during the first quarter. First Pacific Financial now owns 353,181 shares of the company’s stock worth $27,213,000 after purchasing an additional 3,311 shares during the last quarter. Finally, Western Wealth Management LLC grew its position in SPDR S&P 400 Mid Cap Value ETF by 73.7% in the first quarter. Western Wealth Management LLC now owns 4,629 shares of the company’s stock valued at $357,000 after purchasing an additional 1,964 shares in the last quarter.

SPDR S&P 400 Mid Cap Value ETF Trading Up 1.4%

Shares of MDYV stock opened at $83.58 on Tuesday. The firm’s fifty day moving average price is $83.32 and its two-hundred day moving average price is $79.46. SPDR S&P 400 Mid Cap Value ETF has a 1 year low of $65.86 and a 1 year high of $87.81. The firm has a market capitalization of $2.44 billion, a P/E ratio of 15.85 and a beta of 1.17.

SPDR S&P 400 Mid Cap Value ETF Company 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.