KWB Wealth Sells 62,606 Shares of SPDR S&P 400 Mid Cap Value ETF $MDYV

KWB Wealth lessened its holdings in SPDR S&P 400 Mid Cap Value ETF (NYSEARCA:MDYV) by 34.8% in the second quarter, according to its most recent filing with the SEC. The institutional investor owned 117,493 shares of the company’s stock after selling 62,606 shares during the period. SPDR S&P 400 Mid Cap Value ETF accounts for approximately 1.0% of KWB Wealth’s holdings, making the stock its 21st biggest position. KWB Wealth owned about 0.39% of SPDR S&P 400 Mid Cap Value ETF worth $9,053,000 at the end of the most recent quarter.

Other institutional investors have also recently made changes to their positions in the company. Motive Wealth Advisors lifted its stake in SPDR S&P 400 Mid Cap Value ETF by 60.6% in the second quarter. Motive Wealth Advisors now owns 4,677 shares of the company’s stock worth $371,000 after purchasing an additional 1,765 shares during the last quarter. Total Wealth Planning LLC grew its holdings in SPDR S&P 400 Mid Cap Value ETF by 6.9% in the second quarter. Total Wealth Planning LLC now owns 102,071 shares of the company’s stock worth $8,107,000 after purchasing an additional 6,548 shares during the last quarter. Norden Group LLC grew its holdings in shares of SPDR S&P 400 Mid Cap Value ETF by 38.3% during the second quarter. Norden Group LLC now owns 5,409 shares of the company’s stock valued at $430,000 after buying an additional 1,498 shares during the last quarter. Accurate Wealth Management LLC purchased a new stake in shares of SPDR S&P 400 Mid Cap Value ETF during the second quarter valued at $1,558,000. Finally, Occidental Asset Management LLC lifted its position in SPDR S&P 400 Mid Cap Value ETF by 5.9% during the second quarter. Occidental Asset Management LLC now owns 33,813 shares of the company’s stock valued at $2,686,000 after purchasing an additional 1,881 shares during the period.

SPDR S&P 400 Mid Cap Value ETF Price Performance

NYSEARCA MDYV opened at $83.42 on Friday. SPDR S&P 400 Mid Cap Value ETF has a 1 year low of $65.86 and a 1 year high of $87.81. The company has a fifty day moving average of $82.53 and a 200 day moving average of $78.75. The company has a market capitalization of $2.47 billion, a PE ratio of 15.85 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.