SPDR S&P 400 Mid Cap Value ETF (NYSEARCA:MDYV) Shares Sold by KWB Wealth

KWB Wealth lowered its position in shares of SPDR S&P 400 Mid Cap Value ETF (NYSEARCA:MDYV) by 2.4% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 190,054 shares of the company’s stock after selling 4,659 shares during the period. SPDR S&P 400 Mid Cap Value ETF accounts for approximately 1.9% of KWB Wealth’s portfolio, making the stock its 13th largest position. KWB Wealth owned 0.57% of SPDR S&P 400 Mid Cap Value ETF worth $15,102,000 at the end of the most recent quarter.

Several other large investors have also recently bought and sold shares of the business. Continuum Advisory LLC lifted its holdings in SPDR S&P 400 Mid Cap Value ETF by 2,007.1% during the 3rd quarter. Continuum Advisory LLC now owns 295 shares of the company’s stock worth $25,000 after buying an additional 281 shares during the last quarter. US Bancorp DE raised its position in shares of SPDR S&P 400 Mid Cap Value ETF by 26.5% during the 3rd quarter. US Bancorp DE now owns 955 shares of the company’s stock worth $76,000 after acquiring an additional 200 shares in the last quarter. DRW Securities LLC purchased a new stake in SPDR S&P 400 Mid Cap Value ETF during the third quarter worth approximately $202,000. Etfidea LLC purchased a new stake in SPDR S&P 400 Mid Cap Value ETF during the third quarter worth approximately $209,000. Finally, Vance Wealth Inc. acquired a new position in SPDR S&P 400 Mid Cap Value ETF in the third quarter valued at approximately $211,000.

SPDR S&P 400 Mid Cap Value ETF Trading Up 1.1 %

MDYV stock opened at $80.20 on Tuesday. The company’s 50 day moving average is $83.00 and its two-hundred day moving average is $79.31. SPDR S&P 400 Mid Cap Value ETF has a twelve month low of $69.88 and a twelve month high of $87.81. The stock has a market cap of $2.69 billion, a P/E ratio of 14.55 and a beta of 1.11.

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.