Fortis Capital Advisors LLC Cuts Position in SPDR S&P 400 Mid Cap Value ETF $MDYV

Fortis Capital Advisors LLC lessened its stake in SPDR S&P 400 Mid Cap Value ETF (NYSEARCA:MDYV) by 11.6% in the second quarter, HoldingsChannel.com reports. The firm owned 6,210 shares of the company’s stock after selling 813 shares during the quarter. Fortis Capital Advisors LLC’s holdings in SPDR S&P 400 Mid Cap Value ETF were worth $493,000 at the end of the most recent reporting period.

Other large investors have also made changes to their positions in the company. Belpointe Asset Management LLC purchased a new position in shares of SPDR S&P 400 Mid Cap Value ETF in the 1st quarter valued at about $541,000. Kestra Private Wealth Services LLC purchased a new position in shares of SPDR S&P 400 Mid Cap Value ETF in the 1st quarter valued at about $205,000. Envestnet Asset Management Inc. increased its holdings in shares of SPDR S&P 400 Mid Cap Value ETF by 39.7% in the 1st quarter. Envestnet Asset Management Inc. now owns 329,148 shares of the company’s stock valued at $25,361,000 after purchasing an additional 93,604 shares in the last quarter. Florida Financial Advisors LLC increased its holdings in shares of SPDR S&P 400 Mid Cap Value ETF by 64.6% in the 1st quarter. Florida Financial Advisors LLC now owns 23,576 shares of the company’s stock valued at $1,746,000 after purchasing an additional 9,251 shares in the last quarter. Finally, Barden Capital Management Inc. increased its holdings in shares of SPDR S&P 400 Mid Cap Value ETF by 1.6% in the 1st quarter. Barden Capital Management Inc. now owns 24,462 shares of the company’s stock valued at $1,885,000 after purchasing an additional 376 shares in the last quarter.

SPDR S&P 400 Mid Cap Value ETF Stock Up 0.5%

Shares of MDYV opened at $84.32 on Friday. The company has a 50-day simple moving average of $82.70 and a 200-day simple moving average of $78.97. The company has a market capitalization of $2.47 billion, a PE ratio of 15.85 and a beta of 1.17. SPDR S&P 400 Mid Cap Value ETF has a 52-week low of $65.86 and a 52-week high of $87.81.

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.