Raymond James Financial Inc. Trims Position in SPDR S&P 400 Mid Cap Value ETF $MDYV

Raymond James Financial Inc. reduced its holdings in SPDR S&P 400 Mid Cap Value ETF (NYSEARCA:MDYV) by 62.2% during the 1st quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 74,658 shares of the company’s stock after selling 122,798 shares during the period. Raymond James Financial Inc. owned about 0.25% of SPDR S&P 400 Mid Cap Value ETF worth $5,752,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also recently made changes to their positions in MDYV. Good Life Advisors LLC lifted its position in SPDR S&P 400 Mid Cap Value ETF by 1.4% during the first quarter. Good Life Advisors LLC now owns 10,448 shares of the company’s stock valued at $805,000 after purchasing an additional 143 shares during the period. Courier Capital LLC raised its stake in shares of SPDR S&P 400 Mid Cap Value ETF by 0.7% during the 1st quarter. Courier Capital LLC now owns 22,717 shares of the company’s stock valued at $1,750,000 after buying an additional 151 shares during the last quarter. Friday Financial lifted its holdings in shares of SPDR S&P 400 Mid Cap Value ETF by 3.5% in the 1st quarter. Friday Financial now owns 4,922 shares of the company’s stock valued at $385,000 after buying an additional 166 shares during the period. Everhart Financial Group Inc. boosted its stake in shares of SPDR S&P 400 Mid Cap Value ETF by 2.4% in the first quarter. Everhart Financial Group Inc. now owns 7,441 shares of the company’s stock worth $573,000 after buying an additional 175 shares during the last quarter. Finally, Strategic Financial Concepts LLC boosted its stake in shares of SPDR S&P 400 Mid Cap Value ETF by 3.0% in the first quarter. Strategic Financial Concepts LLC now owns 6,173 shares of the company’s stock worth $476,000 after buying an additional 180 shares during the last quarter.

SPDR S&P 400 Mid Cap Value ETF Stock Down 0.2%

SPDR S&P 400 Mid Cap Value ETF stock opened at $83.32 on Thursday. The business’s 50-day moving average price is $81.61 and its 200 day moving average price is $78.27. The firm has a market cap of $2.47 billion, a price-to-earnings ratio of 15.85 and a beta of 1.17. SPDR S&P 400 Mid Cap Value ETF has a 52 week low of $65.86 and a 52 week high of $87.81.

SPDR S&P 400 Mid Cap Value ETF Company 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.