Koshinski Asset Management Inc. Lowers Stock Holdings in SPDR S&P 400 Mid Cap Value ETF (NYSEARCA:MDYV)

Koshinski Asset Management Inc. cut its stake in shares of SPDR S&P 400 Mid Cap Value ETF (NYSEARCA:MDYV) by 4.2% during the fourth quarter, HoldingsChannel.com reports. The fund owned 45,081 shares of the company’s stock after selling 1,981 shares during the quarter. Koshinski Asset Management Inc.’s holdings in SPDR S&P 400 Mid Cap Value ETF were worth $3,615,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also recently modified their holdings of the stock. Waller Financial Planning Group Inc. increased its holdings in SPDR S&P 400 Mid Cap Value ETF by 5.3% during the 3rd quarter. Waller Financial Planning Group Inc. now owns 68,870 shares of the company’s stock worth $5,472,000 after purchasing an additional 3,477 shares during the period. Integrated Wealth Concepts LLC increased its stake in shares of SPDR S&P 400 Mid Cap Value ETF by 0.3% during the third quarter. Integrated Wealth Concepts LLC now owns 39,985 shares of the company’s stock valued at $3,177,000 after buying an additional 134 shares during the period. Brookstone Capital Management raised its holdings in shares of SPDR S&P 400 Mid Cap Value ETF by 83.9% in the third quarter. Brookstone Capital Management now owns 14,962 shares of the company’s stock valued at $1,189,000 after acquiring an additional 6,826 shares in the last quarter. CWM LLC raised its holdings in shares of SPDR S&P 400 Mid Cap Value ETF by 29.0% in the third quarter. CWM LLC now owns 128,319 shares of the company’s stock valued at $10,196,000 after acquiring an additional 28,841 shares in the last quarter. Finally, Occidental Asset Management LLC lifted its stake in SPDR S&P 400 Mid Cap Value ETF by 3.2% in the third quarter. Occidental Asset Management LLC now owns 25,693 shares of the company’s stock worth $2,042,000 after acquiring an additional 794 shares during the period.

SPDR S&P 400 Mid Cap Value ETF Stock Performance

NYSEARCA MDYV opened at $83.03 on Tuesday. SPDR S&P 400 Mid Cap Value ETF has a one year low of $69.93 and a one year high of $87.81. The company has a market capitalization of $2.79 billion, a price-to-earnings ratio of 14.55 and a beta of 1.11. The company’s 50-day simple moving average is $82.90 and its two-hundred day simple moving average is $79.58.

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.