Joseph Group Capital Management Cuts Stock Position in SPDR S&P 400 Mid Cap Value ETF (NYSEARCA:MDYV)

Joseph Group Capital Management lessened its holdings in SPDR S&P 400 Mid Cap Value ETF (NYSEARCA:MDYV) by 7.1% in the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 5,408 shares of the company’s stock after selling 415 shares during the quarter. Joseph Group Capital Management’s holdings in SPDR S&P 400 Mid Cap Value ETF were worth $434,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other large investors have also recently made changes to their positions in the company. Captrust Financial Advisors grew its position in 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 buying an additional 17,702 shares during the period. Benjamin Edwards Inc. grew its position in shares of SPDR S&P 400 Mid Cap Value ETF by 2,202.9% during the 3rd quarter. Benjamin Edwards Inc. now owns 470,855 shares of the company’s stock valued at $37,414,000 after acquiring an additional 450,409 shares during the period. Garden State Investment Advisory Services LLC increased its stake in shares of SPDR S&P 400 Mid Cap Value ETF by 2.3% during the 3rd quarter. Garden State Investment Advisory Services LLC now owns 57,864 shares of the company’s stock worth $4,610,000 after purchasing an additional 1,285 shares during the last quarter. HighTower Advisors LLC raised its holdings in shares of SPDR S&P 400 Mid Cap Value ETF by 2.7% in the 3rd quarter. HighTower Advisors LLC now owns 230,158 shares of the company’s stock worth $18,300,000 after purchasing an additional 5,996 shares during the period. Finally, Integrated Wealth Concepts LLC lifted its stake in SPDR S&P 400 Mid Cap Value ETF by 0.3% in the third quarter. Integrated Wealth Concepts LLC now owns 39,985 shares of the company’s stock valued at $3,177,000 after purchasing an additional 134 shares during the last quarter.

SPDR S&P 400 Mid Cap Value ETF Price Performance

NYSEARCA:MDYV opened at $76.70 on Friday. The company has a market capitalization of $2.38 billion, a P/E ratio of 16.80 and a beta of 1.17. The business has a fifty day simple moving average of $80.59 and a two-hundred day simple moving average of $81.15. SPDR S&P 400 Mid Cap Value ETF has a 1 year low of $70.15 and a 1 year high of $87.81.

SPDR S&P 400 Mid Cap Value ETF Cuts Dividend

The company also recently disclosed a dividend, which was paid on Wednesday, March 26th. Investors of record on Monday, March 24th were issued a $0.2455 dividend. The ex-dividend date was 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.