Envestnet Asset Management Inc. Sells 8,368 Shares of SPDR S&P 400 Mid Cap Value ETF $MDYV

Envestnet Asset Management Inc. cut its stake in shares of SPDR S&P 400 Mid Cap Value ETF (NYSEARCA:MDYV) by 16.8% during the third quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 41,378 shares of the company’s stock after selling 8,368 shares during the quarter. Envestnet Asset Management Inc. owned approximately 0.14% of SPDR S&P 400 Mid Cap Value ETF worth $3,451,000 at the end of the most recent reporting period.

A number of other large investors have also recently modified their holdings of the company. Avantax Planning Partners Inc. grew its stake in SPDR S&P 400 Mid Cap Value ETF by 76.4% in the third quarter. Avantax Planning Partners Inc. now owns 834,328 shares of the company’s stock worth $69,591,000 after purchasing an additional 361,398 shares in the last quarter. Benjamin Edwards Inc. lifted its holdings in shares of SPDR S&P 400 Mid Cap Value ETF by 26.2% in the 2nd quarter. Benjamin Edwards Inc. now owns 714,877 shares of the company’s stock worth $56,783,000 after buying an additional 148,218 shares during the period. AE Wealth Management LLC grew its position in shares of SPDR S&P 400 Mid Cap Value ETF by 16.3% during the 3rd quarter. AE Wealth Management LLC now owns 661,703 shares of the company’s stock worth $55,193,000 after buying an additional 92,682 shares in the last quarter. FAS Wealth Partners Inc. increased its stake in shares of SPDR S&P 400 Mid Cap Value ETF by 1.9% during the third quarter. FAS Wealth Partners Inc. now owns 599,515 shares of the company’s stock valued at $50,006,000 after buying an additional 10,969 shares during the period. Finally, First Pacific Financial increased its stake in shares of SPDR S&P 400 Mid Cap Value ETF by 1.1% during the third quarter. First Pacific Financial now owns 363,070 shares of the company’s stock valued at $30,284,000 after buying an additional 4,084 shares during the period.

SPDR S&P 400 Mid Cap Value ETF Price Performance

NYSEARCA:MDYV opened at $90.58 on Wednesday. SPDR S&P 400 Mid Cap Value ETF has a 1-year low of $65.86 and a 1-year high of $93.10. The company has a 50-day moving average of $88.68 and a 200 day moving average of $85.21. The firm has a market cap of $2.58 billion, a PE ratio of 15.85 and a beta of 1.05.

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. The selection universe for the S&P MidCap 400 Index includes all the United States common equities listed on the New York Stock Exchange, National Association of Securities Dealers Automated Quotation (NASDAQ) Global Select Market, NASDAQ Select Market and NASDAQ CapitalMarket with market capitalizations between $850 million and $3.8 billion.