McAdam LLC Decreases Stock Holdings in SPDR S&P 400 Mid Cap Value ETF (NYSEARCA:MDYV)

McAdam LLC decreased its position in SPDR S&P 400 Mid Cap Value ETF (NYSEARCA:MDYV) by 1.4% in the fourth quarter, HoldingsChannel.com reports. The fund owned 245,228 shares of the company’s stock after selling 3,407 shares during the period. SPDR S&P 400 Mid Cap Value ETF comprises approximately 1.3% of McAdam LLC’s investment portfolio, making the stock its 14th biggest holding. McAdam LLC’s holdings in SPDR S&P 400 Mid Cap Value ETF were worth $17,995,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other hedge funds and other institutional investors have also added to or reduced their stakes in MDYV. D. Scott Neal Inc. boosted its holdings in shares of SPDR S&P 400 Mid Cap Value ETF by 0.8% during the fourth quarter. D. Scott Neal Inc. now owns 18,740 shares of the company’s stock worth $1,375,000 after purchasing an additional 157 shares during the period. Capital Investment Advisory Services LLC boosted its stake in shares of SPDR S&P 400 Mid Cap Value ETF by 40.1% in the 4th quarter. Capital Investment Advisory Services LLC now owns 562 shares of the company’s stock valued at $41,000 after purchasing an additional 161 shares during the last quarter. PFG Advisors increased its stake in SPDR S&P 400 Mid Cap Value ETF by 2.0% in the 4th quarter. PFG Advisors now owns 8,073 shares of the company’s stock valued at $592,000 after buying an additional 162 shares during the last quarter. Courier Capital LLC boosted its holdings in SPDR S&P 400 Mid Cap Value ETF by 0.9% in the 4th quarter. Courier Capital LLC now owns 22,440 shares of the company’s stock valued at $1,647,000 after purchasing an additional 191 shares during the period. Finally, NTV Asset Management LLC raised its position in SPDR S&P 400 Mid Cap Value ETF by 3.0% during the 3rd quarter. NTV Asset Management LLC now owns 6,925 shares of the company’s stock valued at $449,000 after purchasing an additional 200 shares during the last quarter.

SPDR S&P 400 Mid Cap Value ETF Stock Up 0.7 %

Shares of MDYV stock traded up $0.48 during trading hours on Monday, hitting $72.66. 16,423 shares of the company’s stock were exchanged, compared to its average volume of 282,254. The firm has a market cap of $2.50 billion, a P/E ratio of 13.97 and a beta of 1.11. SPDR S&P 400 Mid Cap Value ETF has a fifty-two week low of $59.67 and a fifty-two week high of $76.26. The firm has a 50 day moving average of $73.10 and a two-hundred day moving average of $70.16.

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.