Garden State Investment Advisory Services LLC Has $2.25 Million Holdings in SPDR S&P 400 Mid Cap Value ETF $MDYV

Garden State Investment Advisory Services LLC decreased its holdings in SPDR S&P 400 Mid Cap Value ETF (NYSEARCA:MDYV) by 24.7% during the 2nd quarter, Holdings Channel.com reports. The institutional investor owned 28,250 shares of the company’s stock after selling 9,251 shares during the quarter. Garden State Investment Advisory Services LLC’s holdings in SPDR S&P 400 Mid Cap Value ETF were worth $2,250,000 as of its most recent filing with the Securities & Exchange Commission.

Other hedge funds and other institutional investors also recently made changes to their positions in the company. Compass Financial Services Inc acquired a new position in shares of SPDR S&P 400 Mid Cap Value ETF during the 1st quarter worth approximately $63,000. Nova Wealth Management Inc. boosted its position in SPDR S&P 400 Mid Cap Value ETF by 488.7% during the second 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 period. Smartleaf Asset Management LLC boosted its position in SPDR S&P 400 Mid Cap Value ETF by 3,903.8% during the first 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 period. Steward Partners Investment Advisory LLC increased its holdings in shares of SPDR S&P 400 Mid Cap Value ETF by 13.5% in the second quarter. Steward Partners Investment Advisory LLC now owns 1,911 shares of the company’s stock valued at $152,000 after purchasing an additional 227 shares during the last quarter. Finally, Mosaic Family Wealth Partners LLC bought a new position in shares of SPDR S&P 400 Mid Cap Value ETF in the second quarter valued at about $212,000.

SPDR S&P 400 Mid Cap Value ETF Stock Performance

NYSEARCA MDYV opened at $86.41 on Friday. The stock has a market cap of $2.47 billion, a PE ratio of 15.85 and a beta of 1.05. The firm has a 50-day moving average of $83.21 and a 200-day moving average of $81.96. SPDR S&P 400 Mid Cap Value ETF has a 52-week low of $65.86 and a 52-week high of $87.49.

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.