NewEdge Advisors LLC Sells 10,980 Shares of SPDR S&P 400 Mid Cap Value ETF $MDYV

NewEdge Advisors LLC cut its holdings in shares of SPDR S&P 400 Mid Cap Value ETF (NYSEARCA:MDYV) by 44.4% during the first quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund owned 13,749 shares of the company’s stock after selling 10,980 shares during the quarter. NewEdge Advisors LLC’s holdings in SPDR S&P 400 Mid Cap Value ETF were worth $1,171,000 as of its most recent SEC filing.

Other institutional investors have also made changes to their positions in the company. AQR Capital Management LLC boosted its position in SPDR S&P 400 Mid Cap Value ETF by 38.4% during the first quarter. AQR Capital Management LLC now owns 3,563 shares of the company’s stock worth $275,000 after purchasing an additional 988 shares during the period. Goldman Sachs Group Inc. increased its holdings in shares of SPDR S&P 400 Mid Cap Value ETF by 7.6% in the first 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. JPMorgan Chase & Co. raised its position in shares of SPDR S&P 400 Mid Cap Value ETF by 42.0% in the second quarter. JPMorgan Chase & Co. now owns 22,208 shares of the company’s stock valued at $1,764,000 after purchasing an additional 6,571 shares during the period. M&T Bank Corp bought a new position in shares of SPDR S&P 400 Mid Cap Value ETF in the second quarter valued at about $245,000. Finally, Ameriprise Financial Inc. lifted its stake in shares of SPDR S&P 400 Mid Cap Value ETF by 7.6% during the 2nd quarter. Ameriprise Financial Inc. now owns 123,000 shares of the company’s stock worth $9,756,000 after buying an additional 8,650 shares during the last quarter.

SPDR S&P 400 Mid Cap Value ETF Stock Performance

NYSEARCA MDYV opened at $95.00 on Friday. The stock has a market cap of $2.77 billion, a PE ratio of 15.85 and a beta of 0.96. The firm has a 50-day moving average of $93.64 and a 200-day moving average of $90.49. SPDR S&P 400 Mid Cap Value ETF has a 52-week low of $78.19 and a 52-week high of $96.25.

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.