SPDR S&P 400 Mid Cap Value ETF (NYSEARCA:MDYV) Shares Sold by Rockbridge Investment Management LCC

Rockbridge Investment Management LCC lowered its position in SPDR S&P 400 Mid Cap Value ETF (NYSEARCA:MDYV) by 41.3% during the third quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund owned 127,410 shares of the company’s stock after selling 89,551 shares during the quarter. SPDR S&P 400 Mid Cap Value ETF accounts for 1.3% of Rockbridge Investment Management LCC’s investment portfolio, making the stock its 17th biggest position. Rockbridge Investment Management LCC owned 0.38% of SPDR S&P 400 Mid Cap Value ETF worth $10,124,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also recently added to or reduced their stakes in MDYV. WealthPLAN Partners LLC boosted 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 acquiring an additional 2,139 shares during the last quarter. Koshinski Asset Management Inc. purchased a new position in SPDR S&P 400 Mid Cap Value ETF in the first quarter valued at about $3,789,000. Broadview Financial Management LLC raised its position in SPDR S&P 400 Mid Cap Value ETF by 2.7% in the first quarter. Broadview Financial Management LLC now owns 9,081 shares of the company’s stock valued at $690,000 after purchasing an additional 242 shares during the period. Rodgers & Associates LTD raised its position in SPDR S&P 400 Mid Cap Value ETF by 3.2% in the first quarter. Rodgers & Associates LTD now owns 209,729 shares of the company’s stock valued at $15,939,000 after purchasing an additional 6,458 shares during the period. Finally, Evermay Wealth Management LLC purchased a new position in SPDR S&P 400 Mid Cap Value ETF in the first quarter valued at about $35,000.

SPDR S&P 400 Mid Cap Value ETF Price Performance

NYSEARCA:MDYV opened at $84.44 on Friday. The business’s 50-day moving average is $79.33 and its two-hundred day moving average is $76.24. SPDR S&P 400 Mid Cap Value ETF has a 12 month low of $62.24 and a 12 month high of $84.63. The firm has a market capitalization of $2.84 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.