SPDR S&P 400 Mid Cap Value ETF (NYSEARCA:MDYV) Shares Sold by 1900 Wealth Management LLC

1900 Wealth Management LLC cut its holdings in shares of SPDR S&P 400 Mid Cap Value ETF (NYSEARCA:MDYV) by 21.5% in the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 2,798 shares of the company’s stock after selling 765 shares during the quarter. 1900 Wealth Management LLC’s holdings in SPDR S&P 400 Mid Cap Value ETF were worth $205,000 as of its most recent filing with the Securities and Exchange Commission.

Other hedge funds also recently added to or reduced their stakes in the company. Prime Capital Investment Advisors LLC grew its position in SPDR S&P 400 Mid Cap Value ETF by 73.4% during the fourth quarter. Prime Capital Investment Advisors LLC now owns 7,851 shares of the company’s stock worth $576,000 after buying an additional 3,323 shares in the last quarter. Envestnet Asset Management Inc. increased its stake in shares of SPDR S&P 400 Mid Cap Value ETF by 8.9% in the third quarter. Envestnet Asset Management Inc. now owns 410,828 shares of the company’s stock valued at $26,639,000 after buying an additional 33,741 shares during the period. Modera Wealth Management LLC bought a new position in SPDR S&P 400 Mid Cap Value ETF in the third quarter worth approximately $655,000. Brookstone Capital Management raised its position in SPDR S&P 400 Mid Cap Value ETF by 3.7% in the fourth quarter. Brookstone Capital Management now owns 9,327 shares of the company’s stock worth $684,000 after acquiring an additional 333 shares during the period. Finally, Silverlake Wealth Management LLC bought a new stake in SPDR S&P 400 Mid Cap Value ETF during the fourth quarter valued at $251,000.

SPDR S&P 400 Mid Cap Value ETF Price Performance

Shares of SPDR S&P 400 Mid Cap Value ETF stock opened at $72.32 on Wednesday. SPDR S&P 400 Mid Cap Value ETF has a 1 year low of $59.67 and a 1 year high of $76.26. The stock has a market cap of $2.47 billion, a price-to-earnings ratio of 14.54 and a beta of 1.17. The firm’s 50-day moving average is $73.09 and its 200 day moving average is $69.99.

About SPDR S&P 400 Mid Cap Value ETF

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.