KWB Wealth Sells 9,955 Shares of SPDR S&P 400 Mid Cap Value ETF (NYSEARCA:MDYV)

KWB Wealth reduced its position in shares of SPDR S&P 400 Mid Cap Value ETF (NYSEARCA:MDYV) by 5.2% in the first quarter, Holdings Channel reports. The fund owned 180,099 shares of the company’s stock after selling 9,955 shares during the quarter. SPDR S&P 400 Mid Cap Value ETF makes up about 1.7% of KWB Wealth’s portfolio, making the stock its 14th biggest position. KWB Wealth’s holdings in SPDR S&P 400 Mid Cap Value ETF were worth $14,444,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also recently modified their holdings of the company. HF Advisory Group LLC raised its holdings in SPDR S&P 400 Mid Cap Value ETF by 8.9% during the 1st quarter. HF Advisory Group LLC now owns 15,233 shares of the company’s stock valued at $1,174,000 after buying an additional 1,250 shares during the period. Portside Wealth Group LLC raised its holdings in SPDR S&P 400 Mid Cap Value ETF by 9.1% during the 1st quarter. Portside Wealth Group LLC now owns 9,254 shares of the company’s stock valued at $742,000 after buying an additional 773 shares during the period. Flagstar Advisors Inc. raised its holdings in SPDR S&P 400 Mid Cap Value ETF by 34.1% during the 1st quarter. Flagstar Advisors Inc. now owns 4,146 shares of the company’s stock valued at $319,000 after buying an additional 1,054 shares during the period. Fiduciary Alliance LLC raised its holdings in SPDR S&P 400 Mid Cap Value ETF by 17.6% during the 1st quarter. Fiduciary Alliance LLC now owns 10,793 shares of the company’s stock valued at $832,000 after buying an additional 1,615 shares during the period. Finally, Versant Capital Management Inc purchased a new stake in SPDR S&P 400 Mid Cap Value ETF during the 1st quarter valued at $26,000.

SPDR S&P 400 Mid Cap Value ETF Stock Down 0.5%

MDYV stock opened at $77.20 on Thursday. The business’s fifty day simple moving average is $74.50 and its two-hundred day simple moving average is $79.17. SPDR S&P 400 Mid Cap Value ETF has a twelve month low of $65.86 and a twelve month high of $87.81. The firm has a market cap of $2.33 billion, a price-to-earnings ratio of 15.96 and a beta of 1.06.

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.