Alesco Advisors LLC Sells 430,111 Shares of SPDR S&P 400 Mid Cap Value ETF (NYSEARCA:MDYV)

Alesco Advisors LLC lowered its stake in shares of SPDR S&P 400 Mid Cap Value ETF (NYSEARCA:MDYV) by 67.5% during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 206,697 shares of the company’s stock after selling 430,111 shares during the quarter. SPDR S&P 400 Mid Cap Value ETF comprises 0.5% of Alesco Advisors LLC’s holdings, making the stock its 22nd largest holding. Alesco Advisors LLC owned 0.63% of SPDR S&P 400 Mid Cap Value ETF worth $15,167,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other institutional investors also recently added to or reduced their stakes in the company. Capital Investment Advisory Services LLC boosted its position in SPDR S&P 400 Mid Cap Value ETF by 40.1% during the fourth quarter. Capital Investment Advisory Services LLC now owns 562 shares of the company’s stock valued at $41,000 after purchasing an additional 161 shares in the last quarter. Fifth Third Bancorp bought a new stake in SPDR S&P 400 Mid Cap Value ETF during the third quarter valued at about $62,000. UMB Bank n.a. boosted its position in SPDR S&P 400 Mid Cap Value ETF by 41.3% during the fourth quarter. UMB Bank n.a. now owns 1,301 shares of the company’s stock valued at $95,000 after purchasing an additional 380 shares in the last quarter. RIA Advisory Group LLC bought a new stake in SPDR S&P 400 Mid Cap Value ETF during the fourth quarter valued at about $196,000. Finally, Edmonds Duncan Registered Investment Advisors LLC bought a new stake in SPDR S&P 400 Mid Cap Value ETF during the fourth quarter valued at about $202,000.

SPDR S&P 400 Mid Cap Value ETF Stock Performance

MDYV stock traded up $0.16 during trading on Friday, reaching $72.20. 112,721 shares of the company traded hands, compared to its average volume of 285,550. SPDR S&P 400 Mid Cap Value ETF has a 12 month low of $59.67 and a 12 month high of $76.26. The business has a 50 day simple moving average of $73.10 and a 200 day simple moving average of $70.08. The company has a market capitalization of $2.48 billion, a price-to-earnings ratio of 13.97 and a beta of 1.11.

SPDR S&P 400 Mid Cap Value ETF 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.