Invera Wealth Advisors LLC Cuts Position in SPDR S&P 400 Mid Cap Value ETF (NYSEARCA:MDYV)

Invera Wealth Advisors LLC decreased its holdings in SPDR S&P 400 Mid Cap Value ETF (NYSEARCA:MDYV) by 65.9% in the 1st quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 9,909 shares of the company’s stock after selling 19,110 shares during the quarter. Invera Wealth Advisors LLC’s holdings in SPDR S&P 400 Mid Cap Value ETF were worth $698,000 at the end of the most recent reporting period.

Several other institutional investors have also modified their holdings of MDYV. HF Advisory Group LLC grew its position in shares of SPDR S&P 400 Mid Cap Value ETF by 16.9% in the 1st quarter. HF Advisory Group LLC now owns 10,197 shares of the company’s stock valued at $775,000 after buying an additional 1,473 shares during the last quarter. Capital Wealth Management LLC lifted its holdings in shares of SPDR S&P 400 Mid Cap Value ETF by 3.2% in the 1st quarter. Capital Wealth Management LLC now owns 69,113 shares of the company’s stock valued at $5,253,000 after buying an additional 2,124 shares during the period. Tradewinds Capital Management LLC grew its stake in shares of SPDR S&P 400 Mid Cap Value ETF by 10,210.4% during the 1st quarter. Tradewinds Capital Management LLC now owns 220,951 shares of the company’s stock worth $16,792,000 after purchasing an additional 218,808 shares during the period. Silverlake Wealth Management LLC grew its position in SPDR S&P 400 Mid Cap Value ETF by 16.1% during the first quarter. Silverlake Wealth Management LLC now owns 3,970 shares of the company’s stock worth $302,000 after buying an additional 551 shares during the period. Finally, CCG Wealth Management LLC increased its stake in SPDR S&P 400 Mid Cap Value ETF by 8.0% in the 1st quarter. CCG Wealth Management LLC now owns 5,759 shares of the company’s stock valued at $438,000 after purchasing an additional 429 shares in the last quarter.

SPDR S&P 400 Mid Cap Value ETF Stock Performance

NYSEARCA:MDYV traded up $0.44 during mid-day trading on Monday, hitting $72.62. 92,026 shares of the company’s stock traded hands, compared to its average volume of 283,189. SPDR S&P 400 Mid Cap Value ETF has a 1 year low of $59.67 and a 1 year high of $76.26. The firm’s 50 day simple moving average is $73.12 and its 200 day simple moving average is $70.22. The company has a market cap of $2.50 billion, a PE ratio of 13.97 and a beta of 1.11.

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.