First National Trust Co Reduces Holdings in SPDR S&P 400 Mid Cap Value ETF (NYSEARCA:MDYV)

First National Trust Co lowered its position in shares of SPDR S&P 400 Mid Cap Value ETF (NYSEARCA:MDYV) by 12.1% during the fourth quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm owned 368,645 shares of the company’s stock after selling 50,575 shares during the period. SPDR S&P 400 Mid Cap Value ETF makes up about 1.2% of First National Trust Co’s investment portfolio, making the stock its 14th largest position. First National Trust Co’s holdings in SPDR S&P 400 Mid Cap Value ETF were worth $27,051,000 at the end of the most recent reporting period.

Other hedge funds also recently made changes to their positions in the company. Capital Investment Advisory Services LLC raised its stake in shares of 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 during the period. Fifth Third Bancorp purchased a new stake in shares of SPDR S&P 400 Mid Cap Value ETF during the third quarter valued at approximately $62,000. UMB Bank n.a. raised its stake in shares of 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 during the period. RIA Advisory Group LLC purchased a new stake in shares of SPDR S&P 400 Mid Cap Value ETF during the fourth quarter valued at approximately $196,000. Finally, B. Riley Wealth Advisors Inc. purchased a new stake in shares of SPDR S&P 400 Mid Cap Value ETF during the third quarter valued at approximately $201,000.

SPDR S&P 400 Mid Cap Value ETF Price Performance

Shares of NYSEARCA:MDYV traded up $0.67 during midday trading on Friday, reaching $73.15. The company had a trading volume of 124,230 shares, compared to its average volume of 280,199. The stock’s fifty day moving average price is $73.14 and its 200-day moving average price is $70.37. The stock has a market capitalization of $2.52 billion, a P/E ratio of 13.97 and a beta of 1.11. SPDR S&P 400 Mid Cap Value ETF has a one year low of $59.67 and a one year high of $76.26.

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.