SPDR S&P 400 Mid Cap Value ETF (NYSEARCA:MDYV) Shares Sold by Freedom Investment Management Inc.

Freedom Investment Management Inc. reduced its position in shares of SPDR S&P 400 Mid Cap Value ETF (NYSEARCA:MDYV) by 1.1% in the 4th quarter, HoldingsChannel reports. The firm owned 64,927 shares of the company’s stock after selling 748 shares during the period. Freedom Investment Management Inc.’s holdings in SPDR S&P 400 Mid Cap Value ETF were worth $5,207,000 as of its most recent filing with the Securities & Exchange Commission.

Other institutional investors have also recently modified their holdings of the company. Garden State Investment Advisory Services LLC grew its position in SPDR S&P 400 Mid Cap Value ETF by 2.3% during the third quarter. Garden State Investment Advisory Services LLC now owns 57,864 shares of the company’s stock worth $4,610,000 after buying an additional 1,285 shares during the period. JPMorgan Chase & Co. boosted its position in SPDR S&P 400 Mid Cap Value ETF by 2.9% during the third quarter. JPMorgan Chase & Co. now owns 14,758 shares of the company’s stock worth $1,173,000 after purchasing an additional 410 shares in the last quarter. Confluence Investment Management LLC raised its stake in shares of SPDR S&P 400 Mid Cap Value ETF by 14.6% during the 4th quarter. Confluence Investment Management LLC now owns 251,986 shares of the company’s stock worth $20,209,000 after buying an additional 32,026 shares during the last quarter. Waller Financial Planning Group Inc. grew its stake in SPDR S&P 400 Mid Cap Value ETF by 2.7% in the 4th quarter. Waller Financial Planning Group Inc. now owns 70,727 shares of the company’s stock valued at $5,672,000 after acquiring an additional 1,857 shares during the last quarter. Finally, Canandaigua National Bank & Trust Co. increased its holdings in SPDR S&P 400 Mid Cap Value ETF by 1.6% during the 4th quarter. Canandaigua National Bank & Trust Co. now owns 381,010 shares of the company’s stock valued at $30,557,000 after acquiring an additional 6,094 shares in the last quarter.

SPDR S&P 400 Mid Cap Value ETF Price Performance

Shares of MDYV opened at $71.42 on Friday. SPDR S&P 400 Mid Cap Value ETF has a 1-year low of $65.86 and a 1-year high of $87.81. The firm has a 50 day simple moving average of $76.90 and a 200-day simple moving average of $80.37. The stock has a market cap of $2.15 billion, a price-to-earnings ratio of 14.94 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.