Raymond James & Associates Sells 159,124 Shares of SPDR S&P 400 Mid Cap Value ETF (NYSEARCA:MDYV)

Raymond James & Associates reduced its position in SPDR S&P 400 Mid Cap Value ETF (NYSEARCA:MDYV) by 95.5% in the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 7,455 shares of the company’s stock after selling 159,124 shares during the quarter. Raymond James & Associates’ holdings in SPDR S&P 400 Mid Cap Value ETF were worth $547,000 at the end of the most recent quarter.

A number of other institutional investors have also recently bought and sold shares of MDYV. Retirement Planning Group LLC bought a new position in SPDR S&P 400 Mid Cap Value ETF during the fourth quarter worth about $245,000. HFG Advisors Inc. lifted its position in shares of SPDR S&P 400 Mid Cap Value ETF by 4.8% during the 4th quarter. HFG Advisors Inc. now owns 11,697 shares of the company’s stock worth $858,000 after buying an additional 538 shares during the period. CX Institutional acquired a new stake in SPDR S&P 400 Mid Cap Value ETF in the 4th quarter valued at $997,000. Redhawk Wealth Advisors Inc. bought a new stake in SPDR S&P 400 Mid Cap Value ETF in the fourth quarter valued at $208,000. Finally, Apeiron RIA LLC raised its stake in SPDR S&P 400 Mid Cap Value ETF by 13.0% during the fourth quarter. Apeiron RIA LLC now owns 6,094 shares of the company’s stock worth $447,000 after acquiring an additional 701 shares in the last quarter.

SPDR S&P 400 Mid Cap Value ETF Stock Performance

Shares of NYSEARCA MDYV opened at $72.04 on Friday. SPDR S&P 400 Mid Cap Value ETF has a 52-week low of $59.67 and a 52-week high of $76.26. The business has a fifty day moving average of $73.10 and a two-hundred day moving average of $70.02. The stock has a market cap of $2.46 billion, a PE ratio of 14.54 and a beta of 1.17.

SPDR S&P 400 Mid Cap Value ETF 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.