Creative Planning Reduces Stake in SPDR S&P 400 Mid Cap Value ETF (NYSEARCA:MDYV)

Creative Planning lessened its stake in shares of SPDR S&P 400 Mid Cap Value ETF (NYSEARCA:MDYV) by 1.5% in the third quarter, according to its most recent filing with the Securities & Exchange Commission. The institutional investor owned 17,082 shares of the company’s stock after selling 264 shares during the quarter. Creative Planning’s holdings in SPDR S&P 400 Mid Cap Value ETF were worth $1,357,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also recently modified their holdings of MDYV. Capital Advisory Group Advisory Services LLC raised its holdings in shares of SPDR S&P 400 Mid Cap Value ETF by 3.6% in the 2nd quarter. Capital Advisory Group Advisory Services LLC now owns 4,092 shares of the company’s stock valued at $298,000 after acquiring an additional 142 shares in the last quarter. KPP Advisory Services LLC raised its stake in 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 purchasing an additional 152 shares in the last quarter. PSI Advisors LLC lifted its position in SPDR S&P 400 Mid Cap Value ETF by 35.5% during the second quarter. PSI Advisors LLC now owns 584 shares of the company’s stock valued at $43,000 after purchasing an additional 153 shares during the last quarter. Bailard Inc. grew its stake in SPDR S&P 400 Mid Cap Value ETF by 0.4% in the 2nd quarter. Bailard Inc. now owns 50,272 shares of the company’s stock worth $3,667,000 after buying an additional 201 shares in the last quarter. Finally, Wrapmanager Inc. increased its holdings in shares of SPDR S&P 400 Mid Cap Value ETF by 2.0% in the 2nd quarter. Wrapmanager Inc. now owns 11,093 shares of the company’s stock worth $809,000 after buying an additional 215 shares during the last quarter.

SPDR S&P 400 Mid Cap Value ETF Stock Performance

Shares of NYSEARCA:MDYV opened at $80.57 on Thursday. The firm has a market capitalization of $2.71 billion, a PE ratio of 14.55 and a beta of 1.11. SPDR S&P 400 Mid Cap Value ETF has a 52-week low of $60.51 and a 52-week high of $81.94. The firm has a fifty day moving average of $78.83 and a 200 day moving average of $75.74.

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.