Wambolt & Associates LLC Trims Position in SPDR S&P 400 Mid Cap Value ETF (NYSEARCA:MDYV)

Wambolt & Associates LLC cut its holdings in SPDR S&P 400 Mid Cap Value ETF (NYSEARCA:MDYV) by 6.4% during the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 10,855 shares of the company’s stock after selling 747 shares during the period. Wambolt & Associates LLC’s holdings in SPDR S&P 400 Mid Cap Value ETF were worth $871,000 as of its most recent SEC filing.

A number of other hedge funds have also recently modified their holdings of MDYV. Independent Advisor Alliance boosted its position in shares of SPDR S&P 400 Mid Cap Value ETF by 5.2% in the third quarter. Independent Advisor Alliance now owns 3,565 shares of the company’s stock worth $283,000 after purchasing an additional 175 shares during the period. DRW Securities LLC bought a new position in SPDR S&P 400 Mid Cap Value ETF in the 3rd quarter worth approximately $202,000. Shum Financial Group Inc. purchased a new stake in SPDR S&P 400 Mid Cap Value ETF during the 3rd quarter valued at approximately $1,881,000. Townsquare Capital LLC lifted its holdings in shares of SPDR S&P 400 Mid Cap Value ETF by 3.3% in the third quarter. Townsquare Capital LLC now owns 109,487 shares of the company’s stock worth $8,700,000 after buying an additional 3,453 shares in the last quarter. Finally, Captrust Financial Advisors raised its stake in shares of SPDR S&P 400 Mid Cap Value ETF by 85.6% during the third quarter. Captrust Financial Advisors now owns 38,376 shares of the company’s stock valued at $3,049,000 after acquiring an additional 17,702 shares in the last quarter.

SPDR S&P 400 Mid Cap Value ETF Stock Up 1.7 %

Shares of NYSEARCA MDYV opened at $78.85 on Tuesday. SPDR S&P 400 Mid Cap Value ETF has a twelve month low of $70.15 and a twelve month high of $87.81. The business has a fifty day simple moving average of $80.94 and a two-hundred day simple moving average of $81.12. The firm has a market cap of $2.48 billion, a PE ratio of 16.84 and a beta of 1.17.

SPDR S&P 400 Mid Cap Value ETF Cuts Dividend

The firm also recently announced a dividend, which will be paid on Wednesday, March 26th. Investors of record on Monday, March 24th will be paid a dividend of $0.2455 per share. The ex-dividend date is Monday, March 24th.

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.