SPDR S&P 400 Mid Cap Value ETF $MDYV Shares Sold by Modera Wealth Management LLC

Modera Wealth Management LLC trimmed its position in SPDR S&P 400 Mid Cap Value ETF (NYSEARCA:MDYV) by 26.2% during the first quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 37,362 shares of the company’s stock after selling 13,256 shares during the quarter. Modera Wealth Management LLC’s holdings in SPDR S&P 400 Mid Cap Value ETF were worth $3,181,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also recently bought and sold shares of MDYV. US Bancorp DE lifted its stake 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. Miller Capital Partners Inc. purchased a new stake in shares of SPDR S&P 400 Mid Cap Value ETF during the fourth quarter valued at approximately $65,000. CoreCap Advisors LLC lifted its holdings in SPDR S&P 400 Mid Cap Value ETF by 39.4% in the 4th quarter. CoreCap Advisors LLC now owns 852 shares of the company’s stock worth $72,000 after buying an additional 241 shares in the last quarter. Tucker Asset Management LLC boosted its position in SPDR S&P 400 Mid Cap Value ETF by 160.6% in the 4th quarter. Tucker Asset Management LLC now owns 1,058 shares of the company’s stock valued at $90,000 after buying an additional 652 shares during the last quarter. Finally, Creative Financial Designs Inc. ADV grew its stake in shares of SPDR S&P 400 Mid Cap Value ETF by 47.2% during the fourth quarter. Creative Financial Designs Inc. ADV now owns 1,120 shares of the company’s stock valued at $95,000 after acquiring an additional 359 shares in the last quarter.

SPDR S&P 400 Mid Cap Value ETF Stock Down 0.7%

MDYV stock opened at $95.21 on Friday. The stock’s 50 day moving average is $92.56 and its two-hundred day moving average is $89.89. SPDR S&P 400 Mid Cap Value ETF has a 52-week low of $78.19 and a 52-week high of $96.06. The company has a market capitalization of $2.76 billion, a PE ratio of 15.85 and a beta of 0.96.

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. 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.