Perennial Investment Advisors LLC Sells 26,107 Shares of SPDR S&P 400 Mid Cap Value ETF (NYSEARCA:MDYV)

Posted by Don Miller on Apr 5th, 2025

Perennial Investment Advisors LLC reduced its holdings in shares of SPDR S&P 400 Mid Cap Value ETF (NYSEARCA:MDYV – Free Report) by 41.7% in the 4th quarter, according to its most recent filing with the Securities & Exchange Commission. The institutional investor owned 36,522 shares of the company’s stock after selling 26,107 shares during the quarter. Perennial Investment Advisors LLC owned approximately 0.11% of SPDR S&P 400 Mid Cap Value ETF worth $2,929,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors also recently made changes to their positions in MDYV. Wells Fargo & Company MN increased its stake in SPDR S&P 400 Mid Cap Value ETF by 7.0% in the 4th quarter. Wells Fargo & Company MN now owns 480,211 shares of the company’s stock valued at $38,513,000 after buying an additional 31,465 shares during the last quarter. OneAscent Financial Services LLC acquired a new stake in shares of SPDR S&P 400 Mid Cap Value ETF in the fourth quarter valued at approximately $500,000. Orion Portfolio Solutions LLC lifted its holdings in SPDR S&P 400 Mid Cap Value ETF by 25.5% during the 4th quarter. Orion Portfolio Solutions LLC now owns 19,027 shares of the company’s stock valued at $1,526,000 after purchasing an additional 3,862 shares during the last quarter. JPMorgan Chase & Co. raised its holdings in SPDR S&P 400 Mid Cap Value ETF by 7.9% in the 4th quarter. JPMorgan Chase & Co. now owns 15,918 shares of the company’s stock valued at $1,277,000 after acquiring an additional 1,160 shares during the period. Finally, Florida Financial Advisors LLC boosted its holdings in shares of SPDR S&P 400 Mid Cap Value ETF by 25.6% during the fourth quarter. Florida Financial Advisors LLC now owns 14,325 shares of the company’s stock worth $1,149,000 after acquiring an additional 2,923 shares during the period.

SPDR S&P 400 Mid Cap Value ETF Trading Down 4.7 %

Shares of NYSEARCA MDYV opened at $69.51 on Friday. The firm has a market cap of $2.15 billion, a P/E ratio of 16.80 and a beta of 1.17. The business’s 50 day moving average is $79.73 and its 200-day moving average is $81.06. SPDR S&P 400 Mid Cap Value ETF has a 1-year low of $68.31 and a 1-year high of $87.81.

SPDR S&P 400 Mid Cap Value ETF Cuts Dividend

The firm also recently declared a dividend, which was paid on Wednesday, March 26th. Investors of record on Monday, March 24th were paid a $0.2455 dividend. The ex-dividend date was Monday, March 24th.

SPDR S&P 400 Mid Cap Value ETF Profile

(Free Report)

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.