Bailard Inc. Sells 914 Shares of SPDR S&P 400 Mid Cap Value ETF $MDYV

Bailard Inc. cut its stake in SPDR S&P 400 Mid Cap Value ETF (NYSEARCA:MDYV) by 1.9% in the 2nd quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 48,289 shares of the company’s stock after selling 914 shares during the quarter. Bailard Inc.’s holdings in SPDR S&P 400 Mid Cap Value ETF were worth $3,836,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also recently modified their holdings of the stock. MJT & Associates Financial Advisory Group Inc. bought a new stake in shares of SPDR S&P 400 Mid Cap Value ETF during the 1st quarter valued at about $38,000. Compass Financial Services Inc bought a new stake in SPDR S&P 400 Mid Cap Value ETF during the 1st quarter valued at approximately $63,000. Nova Wealth Management Inc. boosted its position in SPDR S&P 400 Mid Cap Value ETF by 488.7% during the 2nd quarter. Nova Wealth Management Inc. now owns 989 shares of the company’s stock valued at $79,000 after acquiring an additional 821 shares in the last quarter. Smartleaf Asset Management LLC grew its holdings in shares of SPDR S&P 400 Mid Cap Value ETF by 3,903.8% during the 1st quarter. Smartleaf Asset Management LLC now owns 1,041 shares of the company’s stock worth $80,000 after acquiring an additional 1,015 shares during the period. Finally, Kestra Private Wealth Services LLC bought a new position in shares of SPDR S&P 400 Mid Cap Value ETF in the 1st quarter worth approximately $205,000.

SPDR S&P 400 Mid Cap Value ETF Stock Up 0.4%

MDYV opened at $83.32 on Thursday. SPDR S&P 400 Mid Cap Value ETF has a 52 week low of $65.86 and a 52 week high of $87.81. The stock has a market cap of $2.38 billion, a PE ratio of 15.85 and a beta of 1.05. The business has a 50 day moving average of $83.33 and a 200-day moving average of $80.88.

SPDR S&P 400 Mid Cap Value ETF Company 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.