Portside Wealth Group LLC Sells 32,008 Shares of SPDR S&P 400 Mid Cap Value ETF (NYSEARCA:MDYV)

Portside Wealth Group LLC lessened its stake in SPDR S&P 400 Mid Cap Value ETF (NYSEARCA:MDYV) by 79.0% in the second quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 8,528 shares of the company’s stock after selling 32,008 shares during the period. Portside Wealth Group LLC’s holdings in SPDR S&P 400 Mid Cap Value ETF were worth $622,000 at the end of the most recent quarter.

Other hedge funds have also recently modified their holdings of the company. GoalVest Advisory LLC bought a new stake in shares of SPDR S&P 400 Mid Cap Value ETF during the 1st quarter valued at $28,000. Evermay Wealth Management LLC bought a new stake in shares of SPDR S&P 400 Mid Cap Value ETF during the 1st quarter valued at $35,000. Scarborough Advisors LLC bought a new stake in shares of SPDR S&P 400 Mid Cap Value ETF during the 4th quarter valued at $35,000. Richardson Financial Services Inc. bought a new stake in shares of SPDR S&P 400 Mid Cap Value ETF during the 4th quarter valued at $35,000. Finally, Capital Investment Advisory Services LLC grew its position in shares of SPDR S&P 400 Mid Cap Value ETF by 40.1% during the 4th quarter. Capital Investment Advisory Services LLC now owns 562 shares of the company’s stock valued at $41,000 after acquiring an additional 161 shares during the period.

SPDR S&P 400 Mid Cap Value ETF Stock Performance

Shares of MDYV stock traded up $0.28 during mid-day trading on Friday, reaching $76.61. 55,422 shares of the company’s stock traded hands, compared to its average volume of 209,532. 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 firm has a 50 day moving average price of $74.41 and a two-hundred day moving average price of $73.61. The firm has a market capitalization of $2.57 billion, a PE ratio of 14.55 and a beta of 1.11.

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.