Kingsview Wealth Management LLC Sells 10,859 Shares of SPDR S&P 400 Mid Cap Value ETF $MDYV

Kingsview Wealth Management LLC cut its stake in SPDR S&P 400 Mid Cap Value ETF (NYSEARCA:MDYV) by 42.6% in the third quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 14,628 shares of the company’s stock after selling 10,859 shares during the period. Kingsview Wealth Management LLC owned about 0.05% of SPDR S&P 400 Mid Cap Value ETF worth $1,220,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also modified their holdings of MDYV. Avantax Planning Partners Inc. grew its position 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 valued at $69,591,000 after acquiring an additional 361,398 shares during the period. Benjamin Edwards Inc. grew 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 purchasing an additional 148,218 shares during the last quarter. AE Wealth Management LLC grew its holdings in shares of SPDR S&P 400 Mid Cap Value ETF by 16.3% in the 3rd quarter. AE Wealth Management LLC now owns 661,703 shares of the company’s stock worth $55,193,000 after purchasing an additional 92,682 shares during the last quarter. MML Investors Services LLC increased its position in shares of SPDR S&P 400 Mid Cap Value ETF by 86.7% during the 2nd quarter. MML Investors Services LLC now owns 152,886 shares of the company’s stock worth $12,144,000 after purchasing an additional 70,997 shares in the last quarter. Finally, Titleist Asset Management LLC acquired a new stake in shares of SPDR S&P 400 Mid Cap Value ETF during the 2nd quarter worth about $4,555,000.

SPDR S&P 400 Mid Cap Value ETF Stock Down 1.2%

NYSEARCA:MDYV opened at $88.31 on Friday. The firm has a market cap of $2.52 billion, a PE ratio of 15.85 and a beta of 1.05. The company’s 50-day moving average price is $89.23 and its two-hundred day moving average price is $85.58. 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.