SPDR S&P 400 Mid Cap Value ETF (NYSEARCA:MDYV) Position Lifted by Canandaigua National Bank & Trust Co.

Canandaigua National Bank & Trust Co. grew its holdings in shares of SPDR S&P 400 Mid Cap Value ETF (NYSEARCA:MDYV) by 1.6% in the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 381,010 shares of the company’s stock after acquiring an additional 6,094 shares during the period. SPDR S&P 400 Mid Cap Value ETF comprises about 3.0% of Canandaigua National Bank & Trust Co.’s investment portfolio, making the stock its 6th biggest holding. Canandaigua National Bank & Trust Co. owned approximately 1.13% of SPDR S&P 400 Mid Cap Value ETF worth $30,557,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors also recently bought and sold shares of the company. Cullen Frost Bankers Inc. acquired a new stake in shares of SPDR S&P 400 Mid Cap Value ETF during the 2nd quarter worth approximately $80,000. Strategic Financial Concepts LLC raised its position in SPDR S&P 400 Mid Cap Value ETF by 7,775.1% in the second quarter. Strategic Financial Concepts LLC now owns 469,671 shares of the company’s stock worth $34,258,000 after acquiring an additional 463,707 shares in the last quarter. Asset Dedication LLC lifted its holdings in shares of SPDR S&P 400 Mid Cap Value ETF by 4.0% during the second quarter. Asset Dedication LLC now owns 280,611 shares of the company’s stock valued at $20,468,000 after purchasing an additional 10,832 shares during the last quarter. Koss Olinger Consulting LLC acquired a new stake in shares of SPDR S&P 400 Mid Cap Value ETF during the second quarter valued at approximately $4,900,000. Finally, Glassman Wealth Services acquired a new position in SPDR S&P 400 Mid Cap Value ETF during the second quarter valued at $190,000.

SPDR S&P 400 Mid Cap Value ETF Stock Performance

Shares of MDYV stock traded up $0.05 during trading on Monday, hitting $80.68. 103,459 shares of the company were exchanged, compared to its average volume of 246,730. The firm has a market capitalization of $2.71 billion, a price-to-earnings ratio of 14.55 and a beta of 1.11. The business’s 50-day simple moving average is $82.97 and its 200 day simple moving average is $78.99. SPDR S&P 400 Mid Cap Value ETF has a twelve month low of $69.88 and a twelve month high of $87.81.

SPDR S&P 400 Mid Cap Value ETF Company 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.