McAdam LLC Lowers Stock Holdings in SPDR S&P 400 Mid Cap Value ETF (NYSEARCA:MDYV)

McAdam LLC lowered its position in shares of SPDR S&P 400 Mid Cap Value ETF (NYSEARCA:MDYV) by 24.7% in the 3rd quarter, Holdings Channel.com reports. The fund owned 178,410 shares of the company’s stock after selling 58,571 shares during the quarter. SPDR S&P 400 Mid Cap Value ETF comprises approximately 0.8% of McAdam LLC’s investment portfolio, making the stock its 20th largest position. McAdam LLC’s holdings in SPDR S&P 400 Mid Cap Value ETF were worth $14,176,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds also recently made changes to their positions in the company. Elevated Capital Advisors LLC bought a new stake in shares of SPDR S&P 400 Mid Cap Value ETF during the third quarter valued at approximately $490,000. Private Advisor Group LLC grew its position in SPDR S&P 400 Mid Cap Value ETF by 8.1% in the 3rd quarter. Private Advisor Group LLC now owns 65,119 shares of the company’s stock worth $5,174,000 after purchasing an additional 4,900 shares during the period. Barden Capital Management Inc. grew its position in SPDR S&P 400 Mid Cap Value ETF by 2.1% in the 3rd quarter. Barden Capital Management Inc. now owns 23,003 shares of the company’s stock worth $1,828,000 after purchasing an additional 469 shares during the period. Summit Investment Advisory Services LLC bought a new stake in SPDR S&P 400 Mid Cap Value ETF in the 3rd quarter worth approximately $234,000. Finally, B.O.S.S. Retirement Advisors LLC grew its position in SPDR S&P 400 Mid Cap Value ETF by 28.4% in the 3rd quarter. B.O.S.S. Retirement Advisors LLC now owns 10,902 shares of the company’s stock worth $866,000 after purchasing an additional 2,411 shares during the period.

SPDR S&P 400 Mid Cap Value ETF Trading Down 0.4 %

NYSEARCA:MDYV opened at $80.04 on Thursday. SPDR S&P 400 Mid Cap Value ETF has a 12 month low of $59.67 and a 12 month high of $81.94. The company has a market cap of $2.69 billion, a PE ratio of 14.55 and a beta of 1.11. The company has a 50 day simple moving average of $78.49 and a two-hundred day simple moving average of $75.51.

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.