ERn Financial LLC Cuts Stock Holdings in SPDR S&P 400 Mid Cap Value ETF (NYSEARCA:MDYV)

ERn Financial LLC decreased its stake in shares of SPDR S&P 400 Mid Cap Value ETF (NYSEARCA:MDYV) by 1.5% in the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 211,860 shares of the company’s stock after selling 3,127 shares during the quarter. SPDR S&P 400 Mid Cap Value ETF makes up 2.5% of ERn Financial LLC’s portfolio, making the stock its 7th largest position. ERn Financial LLC’s holdings in SPDR S&P 400 Mid Cap Value ETF were worth $16,991,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other large investors also recently added to or reduced their stakes in the stock. Wealth Enhancement Advisory Services LLC increased its position in shares of SPDR S&P 400 Mid Cap Value ETF by 7.6% during the third quarter. Wealth Enhancement Advisory Services LLC now owns 6,357,586 shares of the company’s stock worth $505,174,000 after acquiring an additional 450,824 shares during the period. Lutz Financial Services LLC grew its stake in SPDR S&P 400 Mid Cap Value ETF by 2.2% in the third quarter. Lutz Financial Services LLC now owns 690,992 shares of the company’s stock worth $54,906,000 after purchasing an additional 14,917 shares in the last quarter. Benjamin Edwards Inc. increased its holdings in SPDR S&P 400 Mid Cap Value ETF by 2,202.9% during the 3rd quarter. Benjamin Edwards Inc. now owns 470,855 shares of the company’s stock worth $37,414,000 after purchasing an additional 450,409 shares during the period. Canandaigua National Bank & Trust Co. raised its position in SPDR S&P 400 Mid Cap Value ETF by 1.6% during the 4th quarter. Canandaigua National Bank & Trust Co. now owns 381,010 shares of the company’s stock valued at $30,557,000 after purchasing an additional 6,094 shares in the last quarter. Finally, First National Trust Co lifted its holdings in shares of SPDR S&P 400 Mid Cap Value ETF by 6.1% in the 3rd quarter. First National Trust Co now owns 346,222 shares of the company’s stock worth $27,511,000 after buying an additional 19,766 shares during the period.

SPDR S&P 400 Mid Cap Value ETF Trading Up 1.2 %

MDYV opened at $82.15 on Thursday. The company has a market capitalization of $2.76 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 $69.88 and a 12-month high of $87.81. The business’s fifty day simple moving average is $83.01 and its 200-day simple moving average is $79.37.

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.