Rockbridge Investment Management LCC Sells 10,039 Shares of SPDR S&P 400 Mid Cap Value ETF $MDYV

Rockbridge Investment Management LCC lessened its position in shares of SPDR S&P 400 Mid Cap Value ETF (NYSEARCA:MDYV) by 11.4% during the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 78,163 shares of the company’s stock after selling 10,039 shares during the quarter. SPDR S&P 400 Mid Cap Value ETF makes up about 0.6% of Rockbridge Investment Management LCC’s investment portfolio, making the stock its 24th largest position. Rockbridge Investment Management LCC owned 0.27% of SPDR S&P 400 Mid Cap Value ETF worth $6,520,000 at the end of the most recent reporting period.

Other large investors have also modified their holdings of the company. Caitlin John LLC acquired a new stake in SPDR S&P 400 Mid Cap Value ETF during the third quarter worth $28,000. US Bancorp DE lifted its holdings in shares of SPDR S&P 400 Mid Cap Value ETF by 23.9% during the 3rd quarter. US Bancorp DE now owns 643 shares of the company’s stock worth $54,000 after acquiring an additional 124 shares during the period. Lutz Financial Services LLC boosted its position in shares of SPDR S&P 400 Mid Cap Value ETF by 3.6% during the 3rd quarter. Lutz Financial Services LLC now owns 726,188 shares of the company’s stock valued at $60,571,000 after acquiring an additional 24,953 shares in the last quarter. Cary Street Partners Investment Advisory LLC increased its stake in SPDR S&P 400 Mid Cap Value ETF by 0.8% in the third quarter. Cary Street Partners Investment Advisory LLC now owns 15,879 shares of the company’s stock valued at $1,324,000 after acquiring an additional 133 shares during the period. Finally, Convergence Financial LLC raised its position in SPDR S&P 400 Mid Cap Value ETF by 6.2% in the third quarter. Convergence Financial LLC now owns 299,475 shares of the company’s stock worth $24,979,000 after purchasing an additional 17,468 shares in the last quarter.

SPDR S&P 400 Mid Cap Value ETF Stock Down 1.1%

Shares of MDYV opened at $90.24 on Monday. The company has a 50-day moving average price of $88.97 and a two-hundred day moving average price of $85.41. The stock has a market cap of $2.57 billion, a price-to-earnings ratio of 15.85 and a beta of 1.05. SPDR S&P 400 Mid Cap Value ETF has a 12 month low of $65.86 and a 12 month high of $93.10.

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. 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.