Financial Guidance Group Inc. Sells 3,404 Shares of SPDR S&P 400 Mid Cap Value ETF (NYSEARCA:MDYV)

by · The Cerbat Gem

Financial Guidance Group Inc. decreased its stake in SPDR S&P 400 Mid Cap Value ETF (NYSEARCA:MDYV – Free Report) by 10.2% during the 3rd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 30,041 shares of the company’s stock after selling 3,404 shares during the quarter. SPDR S&P 400 Mid Cap Value ETF accounts for about 1.4% of Financial Guidance Group Inc.’s portfolio, making the stock its 21st largest position. Financial Guidance Group Inc. owned approximately 0.09% of SPDR S&P 400 Mid Cap Value ETF worth $2,387,000 as of its most recent filing with the Securities and Exchange Commission.

Several other hedge funds and other institutional investors have also bought and sold shares of the company. GoalVest Advisory LLC acquired a new stake in shares of SPDR S&P 400 Mid Cap Value ETF in the first quarter valued at about $28,000. Evermay Wealth Management LLC acquired a new position in SPDR S&P 400 Mid Cap Value ETF in the first quarter valued at about $35,000. PSI Advisors LLC lifted its holdings in shares of SPDR S&P 400 Mid Cap Value ETF by 35.5% during the 2nd quarter. PSI Advisors LLC now owns 584 shares of the company’s stock worth $43,000 after acquiring an additional 153 shares during the period. Gradient Investments LLC boosted its holdings in shares of SPDR S&P 400 Mid Cap Value ETF by 1,259.7% in the 2nd quarter. Gradient Investments LLC now owns 1,047 shares of the company’s stock valued at $76,000 after purchasing an additional 970 shares in the last quarter. Finally, Cullen Frost Bankers Inc. bought a new position in SPDR S&P 400 Mid Cap Value ETF in the second quarter valued at about $80,000.

SPDR S&P 400 Mid Cap Value ETF Price Performance

Shares of SPDR S&P 400 Mid Cap Value ETF stock opened at $80.19 on Friday. SPDR S&P 400 Mid Cap Value ETF has a fifty-two week low of $59.67 and a fifty-two week high of $81.94. The firm has a market capitalization of $2.69 billion, a P/E ratio of 14.55 and a beta of 1.11. The company’s 50 day moving average price is $78.49 and its two-hundred day moving average price is $75.51.

SPDR S&P 400 Mid Cap Value ETF Profile

(Free Report)

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.

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