JNBA Financial Advisors Has $10.16 Million Stake in SPDR S&P 400 Mid Cap Value ETF (NYSEARCA:MDYV)

JNBA Financial Advisors lowered its stake in shares of SPDR S&P 400 Mid Cap Value ETF (NYSEARCA:MDYV) by 5.7% in the fourth quarter, according to its most recent disclosure with the SEC. The fund owned 126,724 shares of the company’s stock after selling 7,687 shares during the period. SPDR S&P 400 Mid Cap Value ETF makes up 1.0% of JNBA Financial Advisors’ investment portfolio, making the stock its 21st biggest holding. JNBA Financial Advisors owned about 0.38% of SPDR S&P 400 Mid Cap Value ETF worth $10,163,000 as of its most recent filing with the SEC.

Several other hedge funds have also made changes to their positions in the stock. Integrated Wealth Concepts LLC boosted its stake in 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 worth $3,177,000 after buying an additional 134 shares in the last quarter. Montz Harcus Wealth Management LLC boosted its position in shares of SPDR S&P 400 Mid Cap Value ETF by 1.0% during the 3rd quarter. Montz Harcus Wealth Management LLC now owns 13,973 shares of the company’s stock valued at $1,110,000 after acquiring an additional 136 shares in the last quarter. KPP Advisory Services LLC increased its stake in SPDR S&P 400 Mid Cap Value ETF by 2.2% in the fourth quarter. KPP Advisory Services LLC now owns 7,261 shares of the company’s stock valued at $582,000 after acquiring an additional 157 shares during the period. Independent Advisor Alliance raised its position in 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 in the last quarter. Finally, Geneos Wealth Management Inc. lifted its stake in SPDR S&P 400 Mid Cap Value ETF by 0.5% during the fourth quarter. Geneos Wealth Management Inc. now owns 41,307 shares of the company’s stock worth $3,313,000 after purchasing an additional 197 shares during the period.

SPDR S&P 400 Mid Cap Value ETF Trading Down 0.1 %

NYSEARCA MDYV opened at $82.21 on Friday. The stock’s 50 day moving average is $82.08 and its two-hundred day moving average is $80.58. SPDR S&P 400 Mid Cap Value ETF has a 1-year low of $70.14 and a 1-year high of $87.81. The company has a market capitalization of $2.76 billion, a price-to-earnings ratio of 14.55 and a beta of 1.11.

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.