Prism Advisors Inc. Sells 42,839 Shares of SPDR S&P 400 Mid Cap Value ETF $MDYV

Prism Advisors Inc. reduced its stake in SPDR S&P 400 Mid Cap Value ETF (NYSEARCA:MDYV) by 67.1% during the fourth quarter, HoldingsChannel.com reports. The firm owned 20,977 shares of the company’s stock after selling 42,839 shares during the quarter. Prism Advisors Inc.’s holdings in SPDR S&P 400 Mid Cap Value ETF were worth $1,776,000 as of its most recent SEC filing.

A number of other hedge funds have also recently made changes to their positions in the stock. US Bancorp DE boosted its position in shares of SPDR S&P 400 Mid Cap Value ETF by 23.9% in the 3rd quarter. US Bancorp DE now owns 643 shares of the company’s stock worth $54,000 after purchasing an additional 124 shares in the last quarter. Cary Street Partners Investment Advisory LLC boosted its position in shares of SPDR S&P 400 Mid Cap Value ETF by 0.8% in the 3rd quarter. Cary Street Partners Investment Advisory LLC now owns 15,879 shares of the company’s stock worth $1,324,000 after purchasing an additional 133 shares in the last quarter. Norden Group LLC boosted its position in shares of SPDR S&P 400 Mid Cap Value ETF by 2.5% in the 4th quarter. Norden Group LLC now owns 5,593 shares of the company’s stock worth $473,000 after purchasing an additional 136 shares in the last quarter. LexAurum Advisors LLC boosted its position in shares of SPDR S&P 400 Mid Cap Value ETF by 1.4% in the 3rd quarter. LexAurum Advisors LLC now owns 10,507 shares of the company’s stock worth $876,000 after purchasing an additional 143 shares in the last quarter. Finally, WealthPLAN Partners LLC boosted its position in shares of SPDR S&P 400 Mid Cap Value ETF by 2.5% in the 3rd quarter. WealthPLAN Partners LLC now owns 5,908 shares of the company’s stock worth $493,000 after purchasing an additional 146 shares in the last quarter.

SPDR S&P 400 Mid Cap Value ETF Stock Up 0.8%

Shares of MDYV opened at $89.19 on Tuesday. The business’s 50 day moving average price is $87.96 and its 200-day moving average price is $85.96. SPDR S&P 400 Mid Cap Value ETF has a 52 week low of $69.31 and a 52 week high of $93.10. The stock has a market cap of $2.53 billion, a P/E ratio of 15.85 and a beta of 1.00.

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.