NorthRock Partners LLC Sells 35,639 Shares of SPDR S&P 400 Mid Cap Value ETF (NYSEARCA:MDYV)

NorthRock Partners LLC cut its stake in shares of SPDR S&P 400 Mid Cap Value ETF (NYSEARCA:MDYV) by 6.6% in the 3rd quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 503,066 shares of the company’s stock after selling 35,639 shares during the period. SPDR S&P 400 Mid Cap Value ETF accounts for 3.5% of NorthRock Partners LLC’s holdings, making the stock its 7th largest position. NorthRock Partners LLC owned about 1.50% of SPDR S&P 400 Mid Cap Value ETF worth $39,974,000 as of its most recent filing with the Securities & Exchange Commission.

Other institutional investors also recently made changes to their positions in the company. Evermay Wealth Management LLC acquired a new stake in shares of SPDR S&P 400 Mid Cap Value ETF in the first quarter valued at approximately $35,000. PSI Advisors LLC raised its holdings in SPDR S&P 400 Mid Cap Value ETF by 35.5% in the 2nd quarter. PSI Advisors LLC now owns 584 shares of the company’s stock valued at $43,000 after acquiring an additional 153 shares in the last quarter. Gradient Investments LLC lifted its position in shares of SPDR S&P 400 Mid Cap Value ETF by 1,259.7% during the 2nd quarter. Gradient Investments LLC now owns 1,047 shares of the company’s stock valued at $76,000 after acquiring an additional 970 shares during the period. US Bancorp DE lifted its position in shares of SPDR S&P 400 Mid Cap Value ETF by 26.5% during the 3rd quarter. US Bancorp DE now owns 955 shares of the company’s stock valued at $76,000 after acquiring an additional 200 shares during the period. Finally, Cullen Frost Bankers Inc. acquired a new stake in shares of SPDR S&P 400 Mid Cap Value ETF during the 2nd quarter worth $80,000.

SPDR S&P 400 Mid Cap Value ETF Price Performance

MDYV traded up $0.43 on Tuesday, hitting $80.11. 8,172 shares of the stock were exchanged, compared to its average volume of 200,875. The firm has a market capitalization of $2.69 billion, a price-to-earnings ratio of 14.55 and a beta of 1.11. SPDR S&P 400 Mid Cap Value ETF has a 12 month low of $62.24 and a 12 month high of $81.94. The business has a 50-day moving average of $78.93 and a two-hundred day moving average of $75.97.

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.