Gladstone Institutional Advisory LLC Has $4.77 Million Stock Position in SPDR S&P 400 Mid Cap Value ETF (NYSEARCA:MDYV)

Gladstone Institutional Advisory LLC cut its holdings in shares of SPDR S&P 400 Mid Cap Value ETF (NYSEARCA:MDYV) by 1.0% during the third quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 60,037 shares of the company’s stock after selling 607 shares during the period. Gladstone Institutional Advisory LLC owned 0.18% of SPDR S&P 400 Mid Cap Value ETF worth $4,771,000 as of its most recent filing with the Securities and Exchange Commission.

Several other hedge funds also recently modified their holdings of the business. Evermay Wealth Management LLC bought a new position in SPDR S&P 400 Mid Cap Value ETF during the first quarter worth about $35,000. PSI Advisors LLC grew its position in shares of SPDR S&P 400 Mid Cap Value ETF by 35.5% in the 2nd quarter. PSI Advisors LLC now owns 584 shares of the company’s stock valued at $43,000 after purchasing an additional 153 shares during the period. Gradient Investments LLC grew its position in shares of SPDR S&P 400 Mid Cap Value ETF by 1,259.7% in the 2nd quarter. Gradient Investments LLC now owns 1,047 shares of the company’s stock valued at $76,000 after purchasing an additional 970 shares during the period. US Bancorp DE increased its stake in SPDR S&P 400 Mid Cap Value ETF by 26.5% during the 3rd quarter. US Bancorp DE now owns 955 shares of the company’s stock worth $76,000 after purchasing an additional 200 shares in the last quarter. Finally, Cullen Frost Bankers Inc. acquired a new stake in SPDR S&P 400 Mid Cap Value ETF during the 2nd quarter worth approximately $80,000.

SPDR S&P 400 Mid Cap Value ETF Trading Up 0.5 %

Shares of MDYV stock traded up $0.39 during trading hours on Friday, hitting $79.92. 23,473 shares of the company were exchanged, compared to its average volume of 201,837. SPDR S&P 400 Mid Cap Value ETF has a 52 week low of $61.92 and a 52 week high of $81.94. The business has a 50 day moving average of $78.88 and a two-hundred day moving average of $75.77. The company has a market capitalization of $2.69 billion, a PE 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.