Canandaigua National Trust Co of Florida Decreases Holdings in SPDR S&P 400 Mid Cap Value ETF $MDYV

Canandaigua National Trust Co of Florida reduced its stake in SPDR S&P 400 Mid Cap Value ETF (NYSEARCA:MDYV) by 1.1% during the 2nd quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund owned 51,115 shares of the company’s stock after selling 569 shares during the period. SPDR S&P 400 Mid Cap Value ETF accounts for approximately 2.9% of Canandaigua National Trust Co of Florida’s holdings, making the stock its 7th largest holding. Canandaigua National Trust Co of Florida owned about 0.17% of SPDR S&P 400 Mid Cap Value ETF worth $4,060,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also made changes to their positions in MDYV. Ameriprise Financial Inc. boosted its position in shares of SPDR S&P 400 Mid Cap Value ETF by 12.7% in the 4th quarter. Ameriprise Financial Inc. now owns 138,493 shares of the company’s stock worth $11,106,000 after purchasing an additional 15,611 shares during the last quarter. Bank of America Corp DE boosted its position in shares of SPDR S&P 400 Mid Cap Value ETF by 4.6% in the 4th quarter. Bank of America Corp DE now owns 68,187 shares of the company’s stock worth $5,469,000 after purchasing an additional 3,002 shares during the last quarter. Baird Financial Group Inc. bought a new position in shares of SPDR S&P 400 Mid Cap Value ETF in the 4th quarter worth $212,000. Focus Partners Wealth boosted its position in shares of SPDR S&P 400 Mid Cap Value ETF by 49.5% in the 4th quarter. Focus Partners Wealth now owns 17,353 shares of the company’s stock worth $1,392,000 after purchasing an additional 5,748 shares during the last quarter. Finally, Note Advisors LLC bought a new position in shares of SPDR S&P 400 Mid Cap Value ETF in the 4th quarter worth $200,000.

SPDR S&P 400 Mid Cap Value ETF Stock Down 1.1%

NYSEARCA:MDYV opened at $84.24 on Monday. SPDR S&P 400 Mid Cap Value ETF has a 12-month low of $65.86 and a 12-month high of $87.81. The firm has a market capitalization of $2.50 billion, a P/E ratio of 15.85 and a beta of 1.17. The stock’s fifty day simple moving average is $82.12 and its 200-day simple moving average is $78.37.

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.