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

Prestige Wealth Management Group LLC lessened its holdings in SPDR S&P 400 Mid Cap Value ETF (NYSEARCA:MDYV) by 3.2% in the second quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 80,898 shares of the company’s stock after selling 2,707 shares during the quarter. SPDR S&P 400 Mid Cap Value ETF makes up about 1.3% of Prestige Wealth Management Group LLC’s investment portfolio, making the stock its 20th largest holding. Prestige Wealth Management Group LLC owned about 0.24% of SPDR S&P 400 Mid Cap Value ETF worth $5,901,000 as of its most recent SEC filing.

Other institutional investors have also recently added to or reduced their stakes in the company. GoalVest Advisory LLC acquired a new position in shares of SPDR S&P 400 Mid Cap Value ETF during the first quarter valued at $28,000. Scarborough Advisors LLC bought a new position in SPDR S&P 400 Mid Cap Value ETF in the 4th quarter worth about $35,000. Richardson Financial Services Inc. acquired a new stake in shares of SPDR S&P 400 Mid Cap Value ETF in the fourth quarter valued at approximately $35,000. Evermay Wealth Management LLC bought a new stake in shares of SPDR S&P 400 Mid Cap Value ETF during the first quarter valued at approximately $35,000. Finally, PSI Advisors LLC boosted its position in shares of 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.

SPDR S&P 400 Mid Cap Value ETF Trading Down 1.5 %

MDYV traded down $1.12 during trading hours on Friday, hitting $75.44. The company’s stock had a trading volume of 46,511 shares, compared to its average volume of 198,843. The company has a 50-day simple moving average of $75.83 and a 200 day simple moving average of $74.26. The firm has a market capitalization of $2.53 billion, a PE ratio of 14.55 and a beta of 1.11. SPDR S&P 400 Mid Cap Value ETF has a fifty-two week low of $59.67 and a fifty-two week high of $79.68.

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.