Stonebridge Financial Group LLC Decreases Stake in SPDR S&P 400 Mid Cap Value ETF $MDYV

Stonebridge Financial Group LLC reduced its holdings in SPDR S&P 400 Mid Cap Value ETF (NYSEARCA:MDYV) by 1.8% during the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 6,806 shares of the company’s stock after selling 128 shares during the period. Stonebridge Financial Group LLC’s holdings in SPDR S&P 400 Mid Cap Value ETF were worth $541,000 as of its most recent filing with the Securities and Exchange Commission.

Other institutional investors also recently bought and sold shares of the company. Belpointe Asset Management LLC purchased a new position in SPDR S&P 400 Mid Cap Value ETF during the first quarter worth about $541,000. Kestra Private Wealth Services LLC purchased a new position in SPDR S&P 400 Mid Cap Value ETF during the first quarter worth about $205,000. Envestnet Asset Management Inc. raised its stake in SPDR S&P 400 Mid Cap Value ETF by 39.7% during the first quarter. Envestnet Asset Management Inc. now owns 329,148 shares of the company’s stock worth $25,361,000 after purchasing an additional 93,604 shares during the period. Ameritas Advisory Services LLC raised its stake in SPDR S&P 400 Mid Cap Value ETF by 5.8% during the second quarter. Ameritas Advisory Services LLC now owns 4,538 shares of the company’s stock worth $360,000 after purchasing an additional 247 shares during the period. Finally, Florida Financial Advisors LLC raised its stake in SPDR S&P 400 Mid Cap Value ETF by 64.6% during the first quarter. Florida Financial Advisors LLC now owns 23,576 shares of the company’s stock worth $1,746,000 after purchasing an additional 9,251 shares during the period.

SPDR S&P 400 Mid Cap Value ETF Price Performance

Shares of MDYV stock opened at $83.11 on Friday. The firm’s 50-day moving average is $82.89 and its two-hundred day moving average is $79.12. SPDR S&P 400 Mid Cap Value ETF has a 12 month low of $65.86 and a 12 month high of $87.81. The company has a market capitalization of $2.44 billion, a PE ratio of 15.85 and a beta of 1.17.

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.