Kingsview Wealth Management LLC Sells 17,613 Shares of SPDR S&P 400 Mid Cap Value ETF (NYSEARCA:MDYV)

Kingsview Wealth Management LLC trimmed its position in shares of SPDR S&P 400 Mid Cap Value ETF (NYSEARCA:MDYV) by 41.1% in the 3rd quarter, HoldingsChannel.com reports. The fund owned 25,233 shares of the company’s stock after selling 17,613 shares during the quarter. Kingsview Wealth Management LLC’s holdings in SPDR S&P 400 Mid Cap Value ETF were worth $2,005,000 at the end of the most recent quarter.

A number of other institutional investors also recently modified their holdings of MDYV. Etfidea LLC bought a new stake in shares of SPDR S&P 400 Mid Cap Value ETF in the third quarter worth about $209,000. Avior Wealth Management LLC increased its stake in shares of SPDR S&P 400 Mid Cap Value ETF by 2.2% during the third quarter. Avior Wealth Management LLC now owns 201,871 shares of the company’s stock valued at $16,041,000 after buying an additional 4,402 shares during the period. Vance Wealth Inc. bought a new position in shares of SPDR S&P 400 Mid Cap Value ETF during the third quarter valued at approximately $211,000. MidAtlantic Capital Management Inc. purchased a new stake in SPDR S&P 400 Mid Cap Value ETF in the third quarter worth $859,000. Finally, Thrivent Financial for Lutherans boosted its holdings in SPDR S&P 400 Mid Cap Value ETF by 3.0% in the third quarter. Thrivent Financial for Lutherans now owns 68,490 shares of the company’s stock valued at $5,442,000 after acquiring an additional 1,965 shares in the last quarter.

SPDR S&P 400 Mid Cap Value ETF Trading Up 1.5 %

Shares of NYSEARCA MDYV opened at $87.17 on Tuesday. The firm has a fifty day simple moving average of $80.98 and a two-hundred day simple moving average of $77.16. SPDR S&P 400 Mid Cap Value ETF has a 12 month low of $66.09 and a 12 month high of $87.81. The firm has a market capitalization of $2.93 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.