Marotta Asset Management Trims Stock Holdings in SPDR S&P 400 Mid Cap Value ETF (NYSEARCA:MDYV)

Marotta Asset Management lowered its position in shares of SPDR S&P 400 Mid Cap Value ETF (NYSEARCA:MDYV) by 5.4% in the fourth quarter, according to the company in its most recent filing with the SEC. The firm owned 55,243 shares of the company’s stock after selling 3,165 shares during the quarter. Marotta Asset Management owned about 0.16% of SPDR S&P 400 Mid Cap Value ETF worth $4,412,000 at the end of the most recent reporting period.

Other large investors have also added to or reduced their stakes in the company. WCG Wealth Advisors LLC lifted its holdings in shares of SPDR S&P 400 Mid Cap Value ETF by 4.9% during the second quarter. WCG Wealth Advisors LLC now owns 106,193 shares of the company’s stock worth $7,746,000 after purchasing an additional 4,936 shares during the period. Waller Financial Planning Group Inc. raised its position in SPDR S&P 400 Mid Cap Value ETF by 5.3% during the 3rd quarter. Waller Financial Planning Group Inc. now owns 68,870 shares of the company’s stock worth $5,472,000 after buying an additional 3,477 shares during the last quarter. Integrated Wealth Concepts LLC lifted its stake in SPDR S&P 400 Mid Cap Value ETF by 0.3% during the 3rd quarter. Integrated Wealth Concepts LLC now owns 39,985 shares of the company’s stock valued at $3,177,000 after acquiring an additional 134 shares during the period. Brookstone Capital Management boosted its holdings in shares of SPDR S&P 400 Mid Cap Value ETF by 83.9% in the 3rd quarter. Brookstone Capital Management now owns 14,962 shares of the company’s stock valued at $1,189,000 after acquiring an additional 6,826 shares during the last quarter. Finally, CWM LLC increased its stake in shares of SPDR S&P 400 Mid Cap Value ETF by 29.0% in the third quarter. CWM LLC now owns 128,319 shares of the company’s stock worth $10,196,000 after acquiring an additional 28,841 shares during the period.

SPDR S&P 400 Mid Cap Value ETF Stock Performance

Shares of SPDR S&P 400 Mid Cap Value ETF stock traded down $1.02 during trading on Friday, hitting $79.49. 29,307 shares of the company’s stock were exchanged, compared to its average volume of 157,917. The stock has a market capitalization of $2.67 billion, a price-to-earnings ratio of 14.55 and a beta of 1.11. The business has a 50-day simple moving average of $82.99 and a 200-day simple moving average of $79.12. SPDR S&P 400 Mid Cap Value ETF has a 52-week low of $69.88 and a 52-week high of $87.81.

SPDR S&P 400 Mid Cap Value ETF Company 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.