SPDR S&P 400 Mid Cap Value ETF (NYSEARCA:MDYV) Shares Sold by JNBA Financial Advisors

JNBA Financial Advisors reduced its position in SPDR S&P 400 Mid Cap Value ETF (NYSEARCA:MDYV) by 26.5% in the 3rd quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 134,411 shares of the company’s stock after selling 48,501 shares during the quarter. SPDR S&P 400 Mid Cap Value ETF comprises approximately 1.1% of JNBA Financial Advisors’ portfolio, making the stock its 22nd biggest position. JNBA Financial Advisors owned approximately 0.40% of SPDR S&P 400 Mid Cap Value ETF worth $10,680,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also recently bought and sold shares of MDYV. Norden Group LLC acquired a new position in SPDR S&P 400 Mid Cap Value ETF in the 1st quarter valued at $788,000. C2P Capital Advisory Group LLC d.b.a. Prosperity Capital Advisors grew its position in SPDR S&P 400 Mid Cap Value ETF by 8.1% during the first quarter. C2P Capital Advisory Group LLC d.b.a. Prosperity Capital Advisors now owns 3,963 shares of the company’s stock worth $301,000 after buying an additional 298 shares during the period. Motive Wealth Advisors purchased a new position in SPDR S&P 400 Mid Cap Value ETF in the first quarter valued at about $321,000. WealthPLAN Partners LLC increased its holdings in SPDR S&P 400 Mid Cap Value ETF by 77.5% in the first quarter. WealthPLAN Partners LLC now owns 4,899 shares of the company’s stock valued at $372,000 after buying an additional 2,139 shares in the last quarter. Finally, Koshinski Asset Management Inc. purchased a new position in SPDR S&P 400 Mid Cap Value ETF in the 1st quarter valued at approximately $3,789,000.

SPDR S&P 400 Mid Cap Value ETF Price Performance

MDYV traded up $2.74 during trading on Wednesday, reaching $83.50. 70,720 shares of the stock were exchanged, compared to its average volume of 200,621. SPDR S&P 400 Mid Cap Value ETF has a 1 year low of $62.24 and a 1 year high of $84.19. The company has a market capitalization of $2.81 billion, a price-to-earnings ratio of 14.55 and a beta of 1.11. The business’s 50 day moving average price is $78.98 and its two-hundred day moving average price is $76.03.

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.