Rodgers & Associates LTD Sells 2,883 Shares of SPDR S&P 400 Mid Cap Value ETF (NYSEARCA:MDYV)

Rodgers & Associates LTD lessened its position in shares of SPDR S&P 400 Mid Cap Value ETF (NYSEARCA:MDYV) by 1.4% in the third quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 209,592 shares of the company’s stock after selling 2,883 shares during the period. SPDR S&P 400 Mid Cap Value ETF makes up approximately 2.0% of Rodgers & Associates LTD’s investment portfolio, making the stock its 17th largest position. Rodgers & Associates LTD owned about 0.62% of SPDR S&P 400 Mid Cap Value ETF worth $16,654,000 at the end of the most recent reporting period.

A number of other institutional investors also recently made changes to their positions in MDYV. Capital Advisory Group Advisory Services LLC boosted its stake in shares of SPDR S&P 400 Mid Cap Value ETF by 3.6% in the second quarter. Capital Advisory Group Advisory Services LLC now owns 4,092 shares of the company’s stock valued at $298,000 after buying an additional 142 shares during the period. Occidental Asset Management LLC boosted its stake in shares of SPDR S&P 400 Mid Cap Value ETF by 0.6% in the first quarter. Occidental Asset Management LLC now owns 24,826 shares of the company’s stock valued at $1,887,000 after buying an additional 147 shares during the period. KPP Advisory Services LLC boosted its stake in shares of SPDR S&P 400 Mid Cap Value ETF by 1.9% in the second quarter. KPP Advisory Services LLC now owns 8,073 shares of the company’s stock valued at $589,000 after buying an additional 152 shares during the period. PSI Advisors LLC boosted its stake in shares of SPDR S&P 400 Mid Cap Value ETF by 35.5% in the second quarter. PSI Advisors LLC now owns 584 shares of the company’s stock valued at $43,000 after buying an additional 153 shares during the period. Finally, Bailard Inc. boosted its stake in shares of SPDR S&P 400 Mid Cap Value ETF by 0.4% in the second quarter. Bailard Inc. now owns 50,272 shares of the company’s stock valued at $3,667,000 after buying an additional 201 shares during the period.

SPDR S&P 400 Mid Cap Value ETF Stock Performance

Shares of MDYV stock traded down $0.49 during trading on Tuesday, hitting $80.14. The company had a trading volume of 126,679 shares, compared to its average volume of 179,729. The firm has a market capitalization of $2.69 billion, a P/E ratio of 14.55 and a beta of 1.11. The stock’s 50-day moving average price is $78.28 and its 200 day moving average price is $75.43. SPDR S&P 400 Mid Cap Value ETF has a one year low of $59.67 and a one year high of $81.94.

About SPDR S&P 400 Mid Cap Value ETF

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.