IFP Advisors Inc Reduces Holdings in SPDR S&P 400 Mid Cap Value ETF (NYSEARCA:MDYV)

IFP Advisors Inc lowered its position in shares of SPDR S&P 400 Mid Cap Value ETF (NYSEARCA:MDYV) by 72.2% during the fourth quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm owned 5,572 shares of the company’s stock after selling 14,479 shares during the period. IFP Advisors Inc’s holdings in SPDR S&P 400 Mid Cap Value ETF were worth $447,000 as of its most recent SEC filing.

Other hedge funds also recently made changes to their positions in the company. Continuum Advisory LLC raised its stake in shares of SPDR S&P 400 Mid Cap Value ETF by 2,007.1% during the third quarter. Continuum Advisory LLC now owns 295 shares of the company’s stock valued at $25,000 after purchasing an additional 281 shares during the period. MassMutual Private Wealth & Trust FSB raised its stake in shares of SPDR S&P 400 Mid Cap Value ETF by 996.9% during the fourth quarter. MassMutual Private Wealth & Trust FSB now owns 351 shares of the company’s stock valued at $28,000 after purchasing an additional 319 shares during the period. Crews Bank & Trust purchased a new stake in shares of SPDR S&P 400 Mid Cap Value ETF during the fourth quarter valued at approximately $45,000. Centricity Wealth Management LLC purchased a new stake in shares of SPDR S&P 400 Mid Cap Value ETF during the fourth quarter valued at approximately $59,000. Finally, US Bancorp DE raised its stake in shares of SPDR S&P 400 Mid Cap Value ETF by 26.5% during the third quarter. US Bancorp DE now owns 955 shares of the company’s stock valued at $76,000 after purchasing an additional 200 shares during the period.

SPDR S&P 400 Mid Cap Value ETF Stock Up 1.0 %

MDYV opened at $80.84 on Friday. The firm has a market capitalization of $2.56 billion, a P/E ratio of 18.12 and a beta of 1.17. The firm’s 50 day moving average is $81.77 and its 200-day moving average is $81.02. SPDR S&P 400 Mid Cap Value ETF has a 52-week low of $70.14 and a 52-week high of $87.81.

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.