ERn Financial LLC Has $16.68 Million Holdings in SPDR S&P 400 Mid Cap Value ETF (NYSEARCA:MDYV)

ERn Financial LLC grew its holdings in shares of SPDR S&P 400 Mid Cap Value ETF (NYSEARCA:MDYV) by 0.1% during the first quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 219,510 shares of the company’s stock after purchasing an additional 328 shares during the quarter. SPDR S&P 400 Mid Cap Value ETF comprises about 2.9% of ERn Financial LLC’s investment portfolio, making the stock its 8th biggest position. ERn Financial LLC owned approximately 0.64% of SPDR S&P 400 Mid Cap Value ETF worth $16,683,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also modified their holdings of the company. GoalVest Advisory LLC bought a new position in SPDR S&P 400 Mid Cap Value ETF in the 1st quarter worth $28,000. Scarborough Advisors LLC acquired a new stake in SPDR S&P 400 Mid Cap Value ETF in the 4th quarter valued at approximately $35,000. Richardson Financial Services Inc. bought a new position in SPDR S&P 400 Mid Cap Value ETF in the 4th quarter worth approximately $35,000. Capital Investment Advisory Services LLC lifted its holdings 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 worth $41,000 after buying an additional 161 shares during the last quarter. Finally, UMB Bank n.a. boosted its position in shares of SPDR S&P 400 Mid Cap Value ETF by 41.3% in the fourth quarter. UMB Bank n.a. now owns 1,301 shares of the company’s stock valued at $95,000 after acquiring an additional 380 shares during the period.

SPDR S&P 400 Mid Cap Value ETF Price Performance

MDYV stock traded up $0.22 on Thursday, reaching $72.52. 99,590 shares of the company were exchanged, compared to its average volume of 232,089. The firm has a market capitalization of $2.44 billion, a PE ratio of 14.55 and a beta of 1.11. SPDR S&P 400 Mid Cap Value ETF has a 12 month low of $59.67 and a 12 month high of $76.39. The stock’s fifty day moving average price is $73.46 and its 200 day moving average price is $72.91.

About SPDR S&P 400 Mid Cap Value ETF

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.