Juncture Wealth Strategies LLC Lowers Stock Position in SPDR S&P 400 Mid Cap Value ETF (NYSEARCA:MDYV)

Juncture Wealth Strategies LLC cut its position in shares of SPDR S&P 400 Mid Cap Value ETF (NYSEARCA:MDYV) by 3.8% during the 3rd quarter, Holdings Channel reports. The firm owned 21,643 shares of the company’s stock after selling 855 shares during the quarter. SPDR S&P 400 Mid Cap Value ETF makes up approximately 0.7% of Juncture Wealth Strategies LLC’s holdings, making the stock its 25th largest holding. Juncture Wealth Strategies LLC’s holdings in SPDR S&P 400 Mid Cap Value ETF were worth $1,720,000 as of its most recent SEC filing.

A number of other institutional investors have also added to or reduced their stakes in the company. GoalVest Advisory LLC purchased a new stake in SPDR S&P 400 Mid Cap Value ETF during the first quarter worth about $28,000. Richardson Financial Services Inc. purchased a new position in SPDR S&P 400 Mid Cap Value ETF in the fourth quarter valued at approximately $35,000. Scarborough Advisors LLC bought a new position in SPDR S&P 400 Mid Cap Value ETF during the fourth quarter valued at $35,000. Evermay Wealth Management LLC purchased a new stake in SPDR S&P 400 Mid Cap Value ETF in the first quarter worth $35,000. Finally, PSI Advisors LLC raised its stake in shares of SPDR S&P 400 Mid Cap Value ETF by 35.5% in the second quarter. PSI Advisors LLC now owns 584 shares of the company’s stock valued at $43,000 after buying an additional 153 shares during the period.

SPDR S&P 400 Mid Cap Value ETF Stock Performance

MDYV stock opened at $80.13 on Friday. The stock has a fifty day moving average of $77.38 and a 200-day moving average of $75.17. SPDR S&P 400 Mid Cap Value ETF has a fifty-two week low of $59.67 and a fifty-two week high of $80.16. The company has a market capitalization of $2.69 billion, a price-to-earnings ratio of 14.55 and a beta of 1.11.

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.