SPDR S&P 400 Mid Cap Value ETF (NYSEARCA:MDYV) Shares Sold by Signature Estate & Investment Advisors LLC

Signature Estate & Investment Advisors LLC lessened its holdings in shares of SPDR S&P 400 Mid Cap Value ETF (NYSEARCA:MDYV) by 57.1% during the 3rd quarter, Holdings Channel.com reports. The fund owned 23,904 shares of the company’s stock after selling 31,834 shares during the period. Signature Estate & Investment Advisors LLC’s holdings in SPDR S&P 400 Mid Cap Value ETF were worth $1,899,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also made changes to their positions in the company. Evermay Wealth Management LLC acquired a new position in SPDR S&P 400 Mid Cap Value ETF during the first quarter worth approximately $35,000. PSI Advisors LLC increased its position in SPDR S&P 400 Mid Cap Value ETF by 35.5% during the second quarter. PSI Advisors LLC now owns 584 shares of the company’s stock worth $43,000 after buying an additional 153 shares during the period. Gradient Investments LLC increased its position in SPDR S&P 400 Mid Cap Value ETF by 1,259.7% during the second quarter. Gradient Investments LLC now owns 1,047 shares of the company’s stock worth $76,000 after buying an additional 970 shares during the period. US Bancorp DE increased its position in SPDR S&P 400 Mid Cap Value ETF by 26.5% during the third quarter. US Bancorp DE now owns 955 shares of the company’s stock worth $76,000 after buying an additional 200 shares during the period. Finally, Cullen Frost Bankers Inc. acquired a new position in SPDR S&P 400 Mid Cap Value ETF during the second quarter worth approximately $80,000.

SPDR S&P 400 Mid Cap Value ETF Stock Down 0.7 %

MDYV opened at $82.73 on Friday. The firm has a market cap of $2.78 billion, a price-to-earnings ratio of 14.55 and a beta of 1.11. SPDR S&P 400 Mid Cap Value ETF has a 52 week low of $65.34 and a 52 week high of $85.67. The business’s 50 day moving average is $80.02 and its two-hundred day moving average is $76.64.

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.