Avior Wealth Management LLC Cuts Stock Position in SPDR S&P 400 Mid Cap Value ETF $MDYV

Avior Wealth Management LLC lessened its stake in SPDR S&P 400 Mid Cap Value ETF (NYSEARCA:MDYV) by 61.4% in the 2nd quarter, according to the company in its most recent filing with the SEC. The institutional investor owned 77,880 shares of the company’s stock after selling 124,096 shares during the quarter. Avior Wealth Management LLC owned approximately 0.26% of SPDR S&P 400 Mid Cap Value ETF worth $6,186,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds also recently added to or reduced their stakes in MDYV. Versant Capital Management Inc acquired a new stake in SPDR S&P 400 Mid Cap Value ETF during the 1st quarter worth $26,000. Fiduciary Alliance LLC boosted its stake in SPDR S&P 400 Mid Cap Value ETF by 17.6% during the 1st quarter. Fiduciary Alliance LLC now owns 10,793 shares of the company’s stock worth $832,000 after purchasing an additional 1,615 shares during the last quarter. Flagstar Advisors Inc. boosted its stake in SPDR S&P 400 Mid Cap Value ETF by 34.1% during the 1st quarter. Flagstar Advisors Inc. now owns 4,146 shares of the company’s stock worth $319,000 after purchasing an additional 1,054 shares during the last quarter. Portside Wealth Group LLC boosted its stake in SPDR S&P 400 Mid Cap Value ETF by 9.1% during the 1st quarter. Portside Wealth Group LLC now owns 9,254 shares of the company’s stock worth $742,000 after purchasing an additional 773 shares during the last quarter. Finally, HF Advisory Group LLC boosted its stake in SPDR S&P 400 Mid Cap Value ETF by 8.9% during the 1st quarter. HF Advisory Group LLC now owns 15,233 shares of the company’s stock worth $1,174,000 after purchasing an additional 1,250 shares during the last quarter.

SPDR S&P 400 Mid Cap Value ETF Stock Up 1.0%

Shares of MDYV opened at $83.42 on Friday. SPDR S&P 400 Mid Cap Value ETF has a 52-week low of $65.86 and a 52-week high of $87.81. The firm’s fifty day moving average is $82.53 and its two-hundred day moving average is $78.75. The stock has a market cap of $2.47 billion, a PE ratio of 15.85 and a beta of 1.17.

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.