Balanced Wealth Group LLC Has $11.82 Million Stock Holdings in SPDR S&P 400 Mid Cap Value ETF (NYSEARCA:MDYV)

Balanced Wealth Group LLC raised its stake in SPDR S&P 400 Mid Cap Value ETF (NYSEARCA:MDYV) by 6.1% in the 4th quarter, according to its most recent filing with the SEC. The fund owned 142,887 shares of the company’s stock after purchasing an additional 8,153 shares during the period. SPDR S&P 400 Mid Cap Value ETF accounts for approximately 5.3% of Balanced Wealth Group LLC’s holdings, making the stock its 5th biggest holding. Balanced Wealth Group LLC owned 0.43% of SPDR S&P 400 Mid Cap Value ETF worth $11,824,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors also recently modified their holdings of MDYV. Continuum Advisory LLC increased its position in shares of SPDR S&P 400 Mid Cap Value ETF by 2,007.1% in the 3rd quarter. Continuum Advisory LLC now owns 295 shares of the company’s stock worth $25,000 after purchasing an additional 281 shares during the last quarter. Assetmark Inc. grew its position in shares of SPDR S&P 400 Mid Cap Value ETF by 1,088.5% during the 4th quarter. Assetmark Inc. now owns 309 shares of the company’s stock valued at $25,000 after buying an additional 283 shares during the last quarter. MassMutual Private Wealth & Trust FSB grew its position in shares of SPDR S&P 400 Mid Cap Value ETF by 996.9% during the 4th quarter. MassMutual Private Wealth & Trust FSB now owns 351 shares of the company’s stock valued at $28,000 after buying an additional 319 shares during the last quarter. Crews Bank & Trust bought a new stake in shares of SPDR S&P 400 Mid Cap Value ETF during the 4th quarter valued at about $45,000. Finally, Centricity Wealth Management LLC bought a new stake in shares of SPDR S&P 400 Mid Cap Value ETF during the 4th quarter valued at about $59,000.

SPDR S&P 400 Mid Cap Value ETF Stock Down 0.4 %

Shares of NYSEARCA:MDYV opened at $76.32 on Thursday. SPDR S&P 400 Mid Cap Value ETF has a fifty-two week low of $70.14 and a fifty-two week high of $87.81. The firm has a 50-day simple moving average of $81.35 and a 200 day simple moving average of $81.12. The company has a market cap of $2.40 billion, a PE ratio of 16.84 and a beta of 1.17.

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.