Financial Guidance Group Inc. Trims Stock Position in SPDR S&P 400 Mid Cap Value ETF (NYSEARCA:MDYV)

Financial Guidance Group Inc. decreased its holdings in SPDR S&P 400 Mid Cap Value ETF (NYSEARCA:MDYV) by 13.4% in the 4th quarter, Holdings Channel reports. The institutional investor owned 26,021 shares of the company’s stock after selling 4,020 shares during the period. SPDR S&P 400 Mid Cap Value ETF makes up approximately 1.1% of Financial Guidance Group Inc.’s portfolio, making the stock its 27th biggest position. Financial Guidance Group Inc.’s holdings in SPDR S&P 400 Mid Cap Value ETF were worth $2,087,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other large investors have also modified their holdings of the company. Continuum Advisory LLC raised its stake in shares of SPDR S&P 400 Mid Cap Value ETF by 2,007.1% in the 3rd quarter. Continuum Advisory LLC now owns 295 shares of the company’s stock valued at $25,000 after acquiring an additional 281 shares during the period. MassMutual Private Wealth & Trust FSB lifted its stake in shares of SPDR S&P 400 Mid Cap Value ETF by 996.9% during the fourth quarter. MassMutual Private Wealth & Trust FSB now owns 351 shares of the company’s stock worth $28,000 after purchasing an additional 319 shares in the last quarter. Crews Bank & Trust purchased a new stake in shares of SPDR S&P 400 Mid Cap Value ETF in the fourth quarter worth about $45,000. US Bancorp DE grew its stake in shares of SPDR S&P 400 Mid Cap Value ETF by 26.5% in the third quarter. US Bancorp DE now owns 955 shares of the company’s stock valued at $76,000 after buying an additional 200 shares in the last quarter. Finally, Pinnacle Bancorp Inc. raised its holdings in shares of SPDR S&P 400 Mid Cap Value ETF by 93.4% during the 4th quarter. Pinnacle Bancorp Inc. now owns 1,619 shares of the company’s stock valued at $130,000 after buying an additional 782 shares during the period.

SPDR S&P 400 Mid Cap Value ETF Trading Down 0.8 %

Shares of MDYV stock opened at $81.55 on Thursday. SPDR S&P 400 Mid Cap Value ETF has a twelve month low of $69.93 and a twelve month high of $87.81. The company has a market capitalization of $2.74 billion, a PE ratio of 14.55 and a beta of 1.11. The firm has a fifty day simple moving average of $82.20 and a 200-day simple moving average of $80.54.

About SPDR S&P 400 Mid Cap Value ETF

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.