Asset Dedication LLC Reduces Holdings in SPDR S&P 400 Mid Cap Value ETF (NYSEARCA:MDYV)

Asset Dedication LLC decreased its holdings in shares of SPDR S&P 400 Mid Cap Value ETF (NYSEARCA:MDYV) by 2.8% during the fourth quarter, according to its most recent disclosure with the SEC. The fund owned 277,358 shares of the company’s stock after selling 7,920 shares during the period. SPDR S&P 400 Mid Cap Value ETF makes up approximately 1.8% of Asset Dedication LLC’s investment portfolio, making the stock its 12th largest holding. Asset Dedication LLC owned 0.83% of SPDR S&P 400 Mid Cap Value ETF worth $22,244,000 as of its most recent SEC filing.

A number of other large investors have also modified their holdings of the business. Wealth Enhancement Advisory Services LLC boosted its position in SPDR S&P 400 Mid Cap Value ETF by 7.6% in the third quarter. Wealth Enhancement Advisory Services LLC now owns 6,357,586 shares of the company’s stock valued at $505,174,000 after buying an additional 450,824 shares during the last quarter. Lutz Financial Services LLC boosted its position 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 valued at $54,906,000 after buying an additional 14,917 shares during the last quarter. Benjamin Edwards Inc. boosted its position in SPDR S&P 400 Mid Cap Value ETF by 2,202.9% in the third quarter. Benjamin Edwards Inc. now owns 470,855 shares of the company’s stock valued at $37,414,000 after buying an additional 450,409 shares during the last quarter. Canandaigua National Bank & Trust Co. boosted its position in SPDR S&P 400 Mid Cap Value ETF by 1.6% in the fourth quarter. Canandaigua National Bank & Trust Co. now owns 381,010 shares of the company’s stock valued at $30,557,000 after buying an additional 6,094 shares during the last quarter. Finally, First National Trust Co boosted its position in SPDR S&P 400 Mid Cap Value ETF by 6.1% in the third quarter. First National Trust Co now owns 346,222 shares of the company’s stock valued at $27,511,000 after buying an additional 19,766 shares during the last quarter.

SPDR S&P 400 Mid Cap Value ETF Stock Down 0.3 %

Shares of NYSEARCA MDYV opened at $83.50 on Wednesday. The business’s 50 day moving average price is $82.89 and its 200 day moving average price is $80.04. The firm has a market cap of $2.81 billion, a P/E ratio of 14.55 and a beta of 1.11. SPDR S&P 400 Mid Cap Value ETF has a 52 week low of $69.93 and a 52 week high of $87.81.

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.