Wrapmanager Inc. Sells 3,327 Shares of SPDR S&P 400 Mid Cap Value ETF (NYSEARCA:MDYV)

Wrapmanager Inc. lowered its holdings in SPDR S&P 400 Mid Cap Value ETF (NYSEARCA:MDYV) by 30.0% in the 3rd quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 7,766 shares of the company’s stock after selling 3,327 shares during the quarter. Wrapmanager Inc.’s holdings in SPDR S&P 400 Mid Cap Value ETF were worth $617,000 at the end of the most recent reporting period.

Other large investors have also modified their holdings of the company. Cetera Investment Advisers raised its stake in shares of SPDR S&P 400 Mid Cap Value ETF by 17.0% during the 1st quarter. Cetera Investment Advisers now owns 153,983 shares of the company’s stock worth $11,703,000 after acquiring an additional 22,341 shares in the last quarter. Gradient Investments LLC grew its position in SPDR S&P 400 Mid Cap Value ETF by 1,259.7% during the 2nd quarter. Gradient Investments LLC now owns 1,047 shares of the company’s stock worth $76,000 after purchasing an additional 970 shares during the last quarter. Raymond James Financial Services Advisors Inc. grew its position in SPDR S&P 400 Mid Cap Value ETF by 161.5% during the 2nd quarter. Raymond James Financial Services Advisors Inc. now owns 185,552 shares of the company’s stock worth $13,534,000 after purchasing an additional 114,596 shares during the last quarter. Commonwealth Equity Services LLC grew its position in SPDR S&P 400 Mid Cap Value ETF by 26.3% during the 2nd quarter. Commonwealth Equity Services LLC now owns 165,857 shares of the company’s stock worth $12,098,000 after purchasing an additional 34,543 shares during the last quarter. Finally, Koss Olinger Consulting LLC purchased a new stake in SPDR S&P 400 Mid Cap Value ETF during the 2nd quarter worth approximately $4,900,000.

SPDR S&P 400 Mid Cap Value ETF Trading Up 0.1 %

NYSEARCA:MDYV opened at $82.85 on Tuesday. The company has a market cap of $2.78 billion, a PE ratio of 14.55 and a beta of 1.11. SPDR S&P 400 Mid Cap Value ETF has a twelve month low of $65.81 and a twelve month high of $85.67. The company’s 50 day moving average is $80.16 and its two-hundred day moving average is $76.79.

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.