Wrapmanager Inc. Cuts Position in SPDR S&P 400 Mid Cap Value ETF (NYSEARCA:MDYV)

Wrapmanager Inc. decreased its holdings in SPDR S&P 400 Mid Cap Value ETF (NYSEARCA:MDYV) by 30.0% during the 3rd quarter, according to its most recent disclosure with the SEC. The firm owned 7,766 shares of the company’s stock after selling 3,327 shares during the period. Wrapmanager Inc.’s holdings in SPDR S&P 400 Mid Cap Value ETF were worth $617,000 at the end of the most recent reporting period.

Other hedge funds have also recently bought and sold shares of the company. Evermay Wealth Management LLC purchased a new position in SPDR S&P 400 Mid Cap Value ETF in the first quarter valued at approximately $35,000. PSI Advisors LLC grew its position in SPDR S&P 400 Mid Cap Value ETF by 35.5% in the second quarter. PSI Advisors LLC now owns 584 shares of the company’s stock valued at $43,000 after acquiring an additional 153 shares in the last quarter. Gradient Investments LLC grew its position in SPDR S&P 400 Mid Cap Value ETF by 1,259.7% in the second quarter. Gradient Investments LLC now owns 1,047 shares of the company’s stock valued at $76,000 after acquiring an additional 970 shares in the last quarter. US Bancorp DE grew its position in SPDR S&P 400 Mid Cap Value ETF by 26.5% in the third quarter. US Bancorp DE now owns 955 shares of the company’s stock valued at $76,000 after acquiring an additional 200 shares in the last quarter. Finally, Cullen Frost Bankers Inc. acquired a new stake in SPDR S&P 400 Mid Cap Value ETF in the second quarter valued at approximately $80,000.

SPDR S&P 400 Mid Cap Value ETF Stock Up 0.1 %

Shares of NYSEARCA:MDYV opened at $82.85 on Tuesday. SPDR S&P 400 Mid Cap Value ETF has a 52-week low of $65.81 and a 52-week high of $85.67. The company has a 50 day moving average of $80.16 and a two-hundred day moving average of $76.79. The company has a market capitalization 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 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.