Centerpoint Advisors LLC Reduces Stock Position in SPDR S&P 400 Mid Cap Value ETF $MDYV

Centerpoint Advisors LLC cut its holdings in shares of SPDR S&P 400 Mid Cap Value ETF (NYSEARCA:MDYV) by 3.8% during the 2nd quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund owned 3,774 shares of the company’s stock after selling 150 shares during the quarter. Centerpoint Advisors LLC’s holdings in SPDR S&P 400 Mid Cap Value ETF were worth $300,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors also recently bought and sold shares of MDYV. MJT & Associates Financial Advisory Group Inc. purchased a new stake in SPDR S&P 400 Mid Cap Value ETF during the 1st quarter worth approximately $38,000. Compass Financial Services Inc purchased a new stake in SPDR S&P 400 Mid Cap Value ETF during the 1st quarter worth approximately $63,000. Nova Wealth Management Inc. increased its holdings 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 worth $79,000 after purchasing an additional 821 shares during the last quarter. Smartleaf Asset Management LLC increased its holdings 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 worth $80,000 after purchasing an additional 1,015 shares during the last quarter. Finally, Kestra Private Wealth Services LLC purchased a new stake in SPDR S&P 400 Mid Cap Value ETF during the 1st quarter worth approximately $205,000.

SPDR S&P 400 Mid Cap Value ETF Stock Up 0.1%

MDYV stock opened at $84.10 on Tuesday. SPDR S&P 400 Mid Cap Value ETF has a 52-week low of $65.86 and a 52-week high of $87.81. The company has a market capitalization of $2.41 billion, a PE ratio of 15.85 and a beta of 1.05. The stock’s 50 day moving average is $83.52 and its two-hundred day moving average is $79.96.

SPDR S&P 400 Mid Cap Value ETF 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.