SPDR S&P 400 Mid Cap Value ETF (NYSEARCA:MDYV) Shares Sold by Onyx Bridge Wealth Group LLC

Onyx Bridge Wealth Group LLC cut its stake in shares of SPDR S&P 400 Mid Cap Value ETF (NYSEARCA:MDYV) by 3.0% in the fourth quarter, HoldingsChannel.com reports. The fund owned 6,695 shares of the company’s stock after selling 205 shares during the period. Onyx Bridge Wealth Group LLC’s holdings in SPDR S&P 400 Mid Cap Value ETF were worth $491,000 at the end of the most recent reporting period.

Other large investors also recently added to or reduced their stakes in the company. Prime Capital Investment Advisors LLC raised its position in SPDR S&P 400 Mid Cap Value ETF by 73.4% during the fourth quarter. Prime Capital Investment Advisors LLC now owns 7,851 shares of the company’s stock worth $576,000 after acquiring an additional 3,323 shares during the period. Envestnet Asset Management Inc. raised its position in SPDR S&P 400 Mid Cap Value ETF by 8.9% during the third quarter. Envestnet Asset Management Inc. now owns 410,828 shares of the company’s stock worth $26,639,000 after acquiring an additional 33,741 shares during the period. Modera Wealth Management LLC acquired a new position in SPDR S&P 400 Mid Cap Value ETF during the third quarter worth $655,000. Brookstone Capital Management raised its position in SPDR S&P 400 Mid Cap Value ETF by 3.7% during the fourth quarter. Brookstone Capital Management now owns 9,327 shares of the company’s stock worth $684,000 after acquiring an additional 333 shares during the period. Finally, Silverlake Wealth Management LLC acquired a new position in SPDR S&P 400 Mid Cap Value ETF during the fourth quarter worth $251,000.

SPDR S&P 400 Mid Cap Value ETF Stock Performance

Shares of NYSEARCA MDYV traded up $0.59 during mid-day trading on Friday, reaching $71.04. The company’s stock had a trading volume of 147,157 shares, compared to its average volume of 285,394. The stock has a 50-day moving average of $73.07 and a two-hundred day moving average of $69.77. The stock has a market capitalization of $2.43 billion, a P/E ratio of 14.54 and a beta of 1.17. SPDR S&P 400 Mid Cap Value ETF has a 1-year low of $59.67 and a 1-year high of $76.26.

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.