Kingsview Wealth Management LLC Sells 10,859 Shares of SPDR S&P 400 Mid Cap Value ETF $MDYV

Kingsview Wealth Management LLC cut its holdings in SPDR S&P 400 Mid Cap Value ETF (NYSEARCA:MDYV) by 42.6% in the third quarter, HoldingsChannel.com reports. The institutional investor owned 14,628 shares of the company’s stock after selling 10,859 shares during the quarter. Kingsview Wealth Management LLC’s holdings in SPDR S&P 400 Mid Cap Value ETF were worth $1,220,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also added to or reduced their stakes in the company. Caitlin John LLC bought a new stake in SPDR S&P 400 Mid Cap Value ETF during the 3rd quarter worth about $28,000. US Bancorp DE lifted its position in shares of SPDR S&P 400 Mid Cap Value ETF by 23.9% during the third quarter. US Bancorp DE now owns 643 shares of the company’s stock worth $54,000 after purchasing an additional 124 shares in the last quarter. Lutz Financial Services LLC lifted its position in shares of SPDR S&P 400 Mid Cap Value ETF by 3.6% during the third quarter. Lutz Financial Services LLC now owns 726,188 shares of the company’s stock worth $60,571,000 after purchasing an additional 24,953 shares in the last quarter. Cary Street Partners Investment Advisory LLC grew its stake in shares of SPDR S&P 400 Mid Cap Value ETF by 0.8% during the third quarter. Cary Street Partners Investment Advisory LLC now owns 15,879 shares of the company’s stock valued at $1,324,000 after purchasing an additional 133 shares during the last quarter. Finally, Convergence Financial LLC grew its stake in shares of SPDR S&P 400 Mid Cap Value ETF by 6.2% during the third quarter. Convergence Financial LLC now owns 299,475 shares of the company’s stock valued at $24,979,000 after purchasing an additional 17,468 shares during the last quarter.

SPDR S&P 400 Mid Cap Value ETF Price Performance

MDYV stock opened at $88.31 on Friday. The company has a 50 day moving average price of $89.23 and a 200 day moving average price of $85.58. SPDR S&P 400 Mid Cap Value ETF has a fifty-two week low of $65.86 and a fifty-two week high of $93.10. The stock has a market capitalization of $2.52 billion, a PE ratio of 15.85 and a beta of 1.05.

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. The selection universe for the S&P MidCap 400 Index includes all the United States common equities listed on the New York Stock Exchange, National Association of Securities Dealers Automated Quotation (NASDAQ) Global Select Market, NASDAQ Select Market and NASDAQ CapitalMarket with market capitalizations between $850 million and $3.8 billion.