Signet Financial Management LLC Lowers Stake in SPDR S&P 400 Mid Cap Value ETF (NYSEARCA:MDYV)

Signet Financial Management LLC reduced its stake in shares of SPDR S&P 400 Mid Cap Value ETF (NYSEARCA:MDYV) by 3.3% during the 4th quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 168,720 shares of the company’s stock after selling 5,739 shares during the quarter. SPDR S&P 400 Mid Cap Value ETF accounts for 1.7% of Signet Financial Management LLC’s holdings, making the stock its 5th biggest holding. Signet Financial Management LLC owned approximately 0.50% of SPDR S&P 400 Mid Cap Value ETF worth $13,531,000 as of its most recent filing with the SEC.

A number of other hedge funds also recently modified their holdings of MDYV. Integrated Wealth Concepts LLC raised its position in SPDR S&P 400 Mid Cap Value ETF by 0.3% in the third quarter. Integrated Wealth Concepts LLC now owns 39,985 shares of the company’s stock valued at $3,177,000 after purchasing an additional 134 shares during the last quarter. Montz Harcus Wealth Management LLC boosted its stake in shares of SPDR S&P 400 Mid Cap Value ETF by 1.0% in the 3rd quarter. Montz Harcus Wealth Management LLC now owns 13,973 shares of the company’s stock valued at $1,110,000 after purchasing an additional 136 shares during the last quarter. KPP Advisory Services LLC raised its stake in SPDR S&P 400 Mid Cap Value ETF by 1.9% during the second quarter. KPP Advisory Services LLC now owns 8,073 shares of the company’s stock worth $589,000 after buying an additional 152 shares during the last quarter. Independent Advisor Alliance boosted its position in SPDR S&P 400 Mid Cap Value ETF by 5.2% during the third quarter. Independent Advisor Alliance now owns 3,565 shares of the company’s stock valued at $283,000 after acquiring an additional 175 shares during the last quarter. Finally, US Bancorp DE grew its holdings in 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 during the period.

SPDR S&P 400 Mid Cap Value ETF Stock Performance

Shares of NYSEARCA:MDYV traded up $0.89 during midday trading on Monday, reaching $80.20. The company’s stock had a trading volume of 111,229 shares, compared to its average volume of 173,104. SPDR S&P 400 Mid Cap Value ETF has a fifty-two week low of $69.88 and a fifty-two week high of $87.81. The firm has a 50 day moving average price of $82.99 and a two-hundred day moving average price of $79.25. The firm has a market capitalization of $2.69 billion, a price-to-earnings ratio of 14.55 and a beta of 1.11.

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.