Geneos Wealth Management Inc. Has $2.84 Million Holdings in SPDR S&P 400 Mid Cap Value ETF (NYSEARCA:MDYV)

Geneos Wealth Management Inc. trimmed its position in SPDR S&P 400 Mid Cap Value ETF (NYSEARCA:MDYV) by 11.8% in the 1st quarter, HoldingsChannel.com reports. The institutional investor owned 37,380 shares of the company’s stock after selling 5,019 shares during the period. Geneos Wealth Management Inc.’s holdings in SPDR S&P 400 Mid Cap Value ETF were worth $2,841,000 at the end of the most recent quarter.

Several other institutional investors have also made changes to their positions in MDYV. Wealth Enhancement Advisory Services LLC lifted its stake in SPDR S&P 400 Mid Cap Value ETF by 16.0% in the 1st quarter. Wealth Enhancement Advisory Services LLC now owns 5,237,228 shares of the company’s stock worth $398,029,000 after acquiring an additional 721,830 shares in the last quarter. Envestnet Asset Management Inc. boosted its holdings in shares of SPDR S&P 400 Mid Cap Value ETF by 663.7% during the fourth quarter. Envestnet Asset Management Inc. now owns 3,137,364 shares of the company’s stock worth $230,220,000 after purchasing an additional 2,726,536 shares during the period. Lutz Financial Services LLC boosted its holdings in shares of SPDR S&P 400 Mid Cap Value ETF by 3.1% during the first quarter. Lutz Financial Services LLC now owns 665,207 shares of the company’s stock worth $50,556,000 after purchasing an additional 20,004 shares during the period. Benjamin F. Edwards & Company Inc. lifted its position in SPDR S&P 400 Mid Cap Value ETF by 1.2% in the 1st quarter. Benjamin F. Edwards & Company Inc. now owns 656,557 shares of the company’s stock worth $49,898,000 after buying an additional 7,635 shares in the last quarter. Finally, TIAA Trust National Association grew its holdings in shares of SPDR S&P 400 Mid Cap Value ETF by 14.3% during the 4th quarter. TIAA Trust National Association now owns 653,271 shares of the company’s stock valued at $47,937,000 after acquiring an additional 81,823 shares in the last quarter.

SPDR S&P 400 Mid Cap Value ETF Stock Performance

Shares of NYSEARCA MDYV traded up $1.96 during mid-day trading on Thursday, reaching $74.73. The company had a trading volume of 108,094 shares, compared to its average volume of 222,870. The stock has a market capitalization of $2.51 billion, a PE ratio of 14.55 and a beta of 1.11. SPDR S&P 400 Mid Cap Value ETF has a twelve month low of $59.67 and a twelve month high of $76.39. The stock’s 50 day moving average is $73.60 and its 200-day moving average is $72.94.

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.