Modera Wealth Management LLC Reduces Stake in SPDR S&P 400 Mid Cap Value ETF $MDYV

Modera Wealth Management LLC trimmed its position in shares of SPDR S&P 400 Mid Cap Value ETF (NYSEARCA:MDYV) by 26.2% during the first quarter, according to the company in its most recent Form 13F filing with the SEC. The institutional investor owned 37,362 shares of the company’s stock after selling 13,256 shares during the quarter. Modera Wealth Management LLC owned approximately 0.13% of SPDR S&P 400 Mid Cap Value ETF worth $3,181,000 at the end of the most recent reporting period.

Several other large investors also recently bought and sold shares of MDYV. AE Wealth Management LLC increased its holdings in SPDR S&P 400 Mid Cap Value ETF by 29.8% during the 4th quarter. AE Wealth Management LLC now owns 858,798 shares of the company’s stock valued at $72,697,000 after acquiring an additional 197,095 shares in the last quarter. WCG Wealth Advisors LLC increased its position in SPDR S&P 400 Mid Cap Value ETF by 187.5% during the fourth quarter. WCG Wealth Advisors LLC now owns 240,820 shares of the company’s stock worth $20,386,000 after buying an additional 157,062 shares in the last quarter. MML Investors Services LLC raised its holdings in shares of SPDR S&P 400 Mid Cap Value ETF by 86.7% in the second quarter. MML Investors Services LLC now owns 152,886 shares of the company’s stock worth $12,144,000 after acquiring an additional 70,997 shares during the last quarter. Avantax Planning Partners Inc. lifted its position in shares of SPDR S&P 400 Mid Cap Value ETF by 7.1% in the fourth quarter. Avantax Planning Partners Inc. now owns 893,442 shares of the company’s stock valued at $75,630,000 after acquiring an additional 59,114 shares in the last quarter. Finally, CWM LLC lifted its position in shares of SPDR S&P 400 Mid Cap Value ETF by 40.5% in the fourth quarter. CWM LLC now owns 201,385 shares of the company’s stock valued at $17,047,000 after acquiring an additional 58,082 shares in the last quarter.

SPDR S&P 400 Mid Cap Value ETF Stock Down 0.7%

MDYV opened at $95.21 on Friday. The business’s fifty day simple moving average is $92.56 and its 200 day simple moving average is $89.89. SPDR S&P 400 Mid Cap Value ETF has a 52 week low of $78.19 and a 52 week high of $96.06. The firm has a market cap of $2.76 billion, a P/E ratio of 15.85 and a beta of 0.96.

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.