Arbor Wealth Management LLC Trims Stock Holdings in SPDR S&P 400 Mid Cap Value ETF (NYSEARCA:MDYV)

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Arbor Wealth Management LLC reduced its position in SPDR S&P 400 Mid Cap Value ETF (NYSEARCA:MDYV) by 7.3% during the 2nd quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 2,653 shares of the company’s stock after selling 210 shares during the period. Arbor Wealth Management LLC’s holdings in SPDR S&P 400 Mid Cap Value ETF were worth $136,000 at the end of the most recent quarter.

A number of other hedge funds have also recently modified their holdings of MDYV. Windsor Group LTD boosted its stake in SPDR S&P 400 Mid Cap Value ETF by 1.5% during the 2nd quarter. Windsor Group LTD now owns 38,683 shares of the company’s stock valued at $1,992,000 after purchasing an additional 590 shares during the period. Vickerman & Driscoll Financial Advisors Inc. lifted its position in shares of SPDR S&P 400 Mid Cap Value ETF by 6.3% in the 2nd quarter. Vickerman & Driscoll Financial Advisors Inc. now owns 49,791 shares of the company’s stock worth $2,558,000 after acquiring an additional 2,952 shares during the period. Weaver Consulting Group bought a new stake in shares of SPDR S&P 400 Mid Cap Value ETF in the 1st quarter worth approximately $86,000. Redhawk Wealth Advisors Inc. lifted its position in shares of SPDR S&P 400 Mid Cap Value ETF by 0.8% in the 1st quarter. Redhawk Wealth Advisors Inc. now owns 68,444 shares of the company’s stock worth $3,448,000 after acquiring an additional 518 shares during the period. Finally, Wealthcare Advisory Partners LLC bought a new stake in shares of SPDR S&P 400 Mid Cap Value ETF in the 1st quarter worth approximately $624,000.

MDYV stock opened at $47.70 on Friday. The business has a fifty day moving average price of $50.86 and a 200 day moving average price of $50.86. SPDR S&P 400 Mid Cap Value ETF has a fifty-two week low of $41.72 and a fifty-two week high of $54.94.

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.

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Institutional Ownership by Quarter for SPDR S&P 400 Mid Cap Value ETF (NYSEARCA:MDYV)

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