Appleton Partners Inc. MA Trims Stock Holdings in SPDR S&P 400 Mid Cap Value ETF (NYSEARCA:MDYV)

Appleton Partners Inc. MA trimmed its position in SPDR S&P 400 Mid Cap Value ETF (NYSEARCA:MDYV) by 7.5% during the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 2,828 shares of the company’s stock after selling 230 shares during the period. Appleton Partners Inc. MA’s holdings in SPDR S&P 400 Mid Cap Value ETF were worth $206,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. Prime Capital Investment Advisors LLC boosted its holdings in SPDR S&P 400 Mid Cap Value ETF by 73.4% in the fourth quarter. Prime Capital Investment Advisors LLC now owns 7,851 shares of the company’s stock worth $576,000 after acquiring an additional 3,323 shares in the last quarter. Avantax Advisory Services Inc. bought a new stake in SPDR S&P 400 Mid Cap Value ETF in the fourth quarter worth $245,000. Stratos Wealth Partners LTD. boosted its holdings in SPDR S&P 400 Mid Cap Value ETF by 8.1% in the fourth quarter. Stratos Wealth Partners LTD. now owns 3,435 shares of the company’s stock worth $252,000 after acquiring an additional 257 shares in the last quarter. Motive Wealth Advisors bought a new stake in SPDR S&P 400 Mid Cap Value ETF in the first quarter worth $321,000. Finally, New Century Financial Group LLC bought a new stake in SPDR S&P 400 Mid Cap Value ETF in the fourth quarter worth $472,000.

SPDR S&P 400 Mid Cap Value ETF Trading Down 2.6 %

SPDR S&P 400 Mid Cap Value ETF stock traded down $1.98 during mid-day trading on Friday, hitting $74.88. The company had a trading volume of 153,388 shares, compared to its average volume of 214,662. The stock’s 50 day moving average price is $74.28 and its two-hundred day moving average price is $73.43. SPDR S&P 400 Mid Cap Value ETF has a 12 month low of $59.67 and a 12 month high of $79.68. The company has a market capitalization of $2.52 billion, a PE ratio of 14.55 and a beta of 1.11.

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.