Florida Financial Advisors LLC Cuts Stock Position in SPDR S&P 400 Mid Cap Value ETF $MDYV

Florida Financial Advisors LLC cut its position in SPDR S&P 400 Mid Cap Value ETF (NYSEARCA:MDYV) by 57.2% in the third quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 7,407 shares of the company’s stock after selling 9,893 shares during the quarter. Florida Financial Advisors LLC’s holdings in SPDR S&P 400 Mid Cap Value ETF were worth $618,000 at the end of the most recent reporting period.

A number of other institutional investors have also modified their holdings of MDYV. AQR Capital Management LLC raised its stake in shares of SPDR S&P 400 Mid Cap Value ETF by 38.4% during the 1st quarter. AQR Capital Management LLC now owns 3,563 shares of the company’s stock worth $275,000 after acquiring an additional 988 shares in the last quarter. NewEdge Advisors LLC increased its position in shares of SPDR S&P 400 Mid Cap Value ETF by 3.6% during the first quarter. NewEdge Advisors LLC now owns 6,395 shares of the company’s stock worth $493,000 after purchasing an additional 221 shares in the last quarter. Goldman Sachs Group Inc. lifted its holdings in shares of SPDR S&P 400 Mid Cap Value ETF by 7.6% during the 1st quarter. Goldman Sachs Group Inc. now owns 261,025 shares of the company’s stock valued at $20,112,000 after purchasing an additional 18,506 shares during the last quarter. Stratos Wealth Advisors LLC boosted its position in shares of SPDR S&P 400 Mid Cap Value ETF by 1.3% in the 2nd quarter. Stratos Wealth Advisors LLC now owns 18,490 shares of the company’s stock worth $1,469,000 after purchasing an additional 229 shares in the last quarter. Finally, Goldstein Advisors LLC grew its stake in SPDR S&P 400 Mid Cap Value ETF by 20.1% during the 2nd quarter. Goldstein Advisors LLC now owns 3,250 shares of the company’s stock worth $258,000 after buying an additional 544 shares during the last quarter.

SPDR S&P 400 Mid Cap Value ETF Stock Performance

SPDR S&P 400 Mid Cap Value ETF stock opened at $91.53 on Friday. The stock has a market cap of $2.61 billion, a PE ratio of 15.85 and a beta of 1.05. The stock has a 50-day moving average of $87.94 and a two-hundred day moving average of $84.61. SPDR S&P 400 Mid Cap Value ETF has a one year low of $65.86 and a one year high of $93.10.

About SPDR S&P 400 Mid Cap Value ETF

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.