Brookstone Capital Management Lowers Holdings in SPDR S&P 400 Mid Cap Value ETF (NYSEARCA:MDYV)

Brookstone Capital Management decreased its stake in shares of SPDR S&P 400 Mid Cap Value ETF (NYSEARCA:MDYVFree Report) by 3.4% in the first quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 9,011 shares of the company’s stock after selling 316 shares during the quarter. Brookstone Capital Management’s holdings in SPDR S&P 400 Mid Cap Value ETF were worth $685,000 at the end of the most recent quarter.

A number of other large investors have also added to or reduced their stakes in the stock. Scarborough Advisors LLC purchased a new stake in SPDR S&P 400 Mid Cap Value ETF during the fourth quarter valued at $35,000. Richardson Financial Services Inc. purchased a new stake in SPDR S&P 400 Mid Cap Value ETF during the fourth quarter valued at $35,000. Capital Investment Advisory Services LLC increased its position in SPDR S&P 400 Mid Cap Value ETF by 40.1% during the fourth quarter. Capital Investment Advisory Services LLC now owns 562 shares of the company’s stock valued at $41,000 after acquiring an additional 161 shares during the last quarter. UMB Bank n.a. increased its position in SPDR S&P 400 Mid Cap Value ETF by 41.3% during the fourth quarter. UMB Bank n.a. now owns 1,301 shares of the company’s stock valued at $95,000 after acquiring an additional 380 shares during the last quarter. Finally, Tidemark LLC purchased a new stake in SPDR S&P 400 Mid Cap Value ETF during the fourth quarter valued at $106,000.

SPDR S&P 400 Mid Cap Value ETF Stock Performance

NYSEARCA:MDYV opened at $72.94 on Monday. The stock has a 50-day simple moving average of $73.54 and a two-hundred day simple moving average of $72.97. SPDR S&P 400 Mid Cap Value ETF has a 52-week low of $59.67 and a 52-week high of $76.39. The firm has a market capitalization of $2.45 billion, a PE ratio of 14.55 and a beta of 1.11.

SPDR S&P 400 Mid Cap Value ETF Company Profile

(Free Report)

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.

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Institutional Ownership by Quarter for SPDR S&P 400 Mid Cap Value ETF (NYSEARCA:MDYV)

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