Gladstone Institutional Advisory LLC Sells 3,510 Shares of SPDR S&P 400 Mid Cap Value ETF (NYSEARCA:MDYV)

Gladstone Institutional Advisory LLC cut its stake in shares of SPDR S&P 400 Mid Cap Value ETF (NYSEARCA:MDYV) by 5.8% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 56,527 shares of the company’s stock after selling 3,510 shares during the period. Gladstone Institutional Advisory LLC owned approximately 0.17% of SPDR S&P 400 Mid Cap Value ETF worth $4,533,000 as of its most recent SEC filing.

Several other institutional investors also recently modified their holdings of MDYV. Park Avenue Securities LLC grew its stake in SPDR S&P 400 Mid Cap Value ETF by 12.2% in the fourth quarter. Park Avenue Securities LLC now owns 11,920 shares of the company’s stock valued at $956,000 after acquiring an additional 1,292 shares during the period. JPMorgan Chase & Co. raised its stake in shares of SPDR S&P 400 Mid Cap Value ETF by 2.9% in the 3rd quarter. JPMorgan Chase & Co. now owns 14,758 shares of the company’s stock valued at $1,173,000 after purchasing an additional 410 shares during the period. Integrated Wealth Concepts LLC lifted its holdings in shares of 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 in the last quarter. Bill Few Associates Inc. lifted its holdings in shares of SPDR S&P 400 Mid Cap Value ETF by 30.2% in the fourth quarter. Bill Few Associates Inc. now owns 11,109 shares of the company’s stock valued at $891,000 after purchasing an additional 2,577 shares in the last quarter. Finally, Michael S. Ryan Inc. boosted its position in shares of SPDR S&P 400 Mid Cap Value ETF by 1.6% during the third quarter. Michael S. Ryan Inc. now owns 153,679 shares of the company’s stock worth $12,211,000 after buying an additional 2,438 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 opened at $82.19 on Wednesday. SPDR S&P 400 Mid Cap Value ETF has a 52-week low of $69.93 and a 52-week high of $87.81. The business’s 50 day simple moving average is $82.36 and its 200 day simple moving average is $80.50. The firm has a market cap of $2.76 billion, a PE 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.