Broadview Financial Management LLC Reduces Holdings in SPDR S&P 400 Mid Cap Value ETF (NYSEARCA:MDYV)

Broadview Financial Management LLC decreased its position in SPDR S&P 400 Mid Cap Value ETF (NYSEARCA:MDYV) by 5.7% in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 8,534 shares of the company’s stock after selling 518 shares during the period. Broadview Financial Management LLC’s holdings in SPDR S&P 400 Mid Cap Value ETF were worth $684,000 as of its most recent SEC filing.

Several other hedge funds have also made changes to their positions in MDYV. Continuum Advisory LLC grew its stake in shares of SPDR S&P 400 Mid Cap Value ETF by 2,007.1% in the 3rd quarter. Continuum Advisory LLC now owns 295 shares of the company’s stock valued at $25,000 after buying an additional 281 shares during the period. MassMutual Private Wealth & Trust FSB grew its stake in shares of SPDR S&P 400 Mid Cap Value ETF by 996.9% in the 4th quarter. MassMutual Private Wealth & Trust FSB now owns 351 shares of the company’s stock valued at $28,000 after buying an additional 319 shares during the period. Crews Bank & Trust purchased a new stake in shares of SPDR S&P 400 Mid Cap Value ETF in the 4th quarter valued at approximately $45,000. Centricity Wealth Management LLC purchased a new stake in shares of SPDR S&P 400 Mid Cap Value ETF in the 4th quarter valued at approximately $59,000. Finally, US Bancorp DE grew its stake in shares of SPDR S&P 400 Mid Cap Value ETF by 26.5% in the 3rd quarter. US Bancorp DE now owns 955 shares of the company’s stock valued at $76,000 after buying an additional 200 shares during the period.

SPDR S&P 400 Mid Cap Value ETF Price Performance

SPDR S&P 400 Mid Cap Value ETF stock opened at $80.70 on Friday. The firm has a 50 day simple moving average of $81.90 and a 200-day simple moving average of $80.73. 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 stock has a market cap of $2.56 billion, a price-to-earnings ratio of 18.12 and a beta of 1.17.

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.