Freedom Investment Management Inc. Has $5.22 Million Stake in SPDR S&P 400 Mid Cap Value ETF (NYSEARCA:MDYV)

Freedom Investment Management Inc. reduced its stake in shares of SPDR S&P 400 Mid Cap Value ETF (NYSEARCA:MDYV) by 9.5% in the third quarter, according to its most recent filing with the SEC. The institutional investor owned 65,675 shares of the company’s stock after selling 6,901 shares during the period. Freedom Investment Management Inc. owned about 0.20% of SPDR S&P 400 Mid Cap Value ETF worth $5,218,000 as of its most recent filing with the SEC.

A number of other institutional investors and hedge funds have also bought and sold shares of the stock. Comerica Bank lifted its holdings in SPDR S&P 400 Mid Cap Value ETF by 3.3% during the first quarter. Comerica Bank now owns 9,937 shares of the company’s stock valued at $755,000 after purchasing an additional 316 shares during the last quarter. ARQ Wealth Advisors LLC boosted its holdings in SPDR S&P 400 Mid Cap Value ETF by 27.5% during the 1st quarter. ARQ Wealth Advisors LLC now owns 9,244 shares of the company’s stock valued at $703,000 after acquiring an additional 1,993 shares during the period. Cetera Investment Advisers increased its stake in shares of SPDR S&P 400 Mid Cap Value ETF by 17.0% in the first quarter. Cetera Investment Advisers now owns 153,983 shares of the company’s stock worth $11,703,000 after buying an additional 22,341 shares during the period. Waller Financial Planning Group Inc. raised its stake in shares of SPDR S&P 400 Mid Cap Value ETF by 3.0% during the second quarter. Waller Financial Planning Group Inc. now owns 65,393 shares of the company’s stock valued at $4,770,000 after acquiring an additional 1,909 shares during the last quarter. Finally, Park Avenue Securities LLC raised its position in SPDR S&P 400 Mid Cap Value ETF by 14.6% during the 2nd quarter. Park Avenue Securities LLC now owns 10,355 shares of the company’s stock valued at $755,000 after purchasing an additional 1,318 shares during the last quarter.

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

MDYV opened at $86.70 on Wednesday. The stock has a market cap of $2.91 billion, a PE ratio of 14.55 and a beta of 1.11. The business has a 50 day moving average of $81.14 and a 200-day moving average of $77.25. SPDR S&P 400 Mid Cap Value ETF has a 52 week low of $66.09 and a 52 week high of $87.81.

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.