Canandaigua National Bank & Trust Co. Buys New Shares in SPDR S&P 400 Mid Cap Value ETF $MDYV

Canandaigua National Bank & Trust Co. bought a new position in SPDR S&P 400 Mid Cap Value ETF (NYSEARCA:MDYV) in the second quarter, according to the company in its most recent 13F filing with the SEC. The firm bought 354,651 shares of the company’s stock, valued at approximately $33,639,000. SPDR S&P 400 Mid Cap Value ETF comprises 2.8% of Canandaigua National Bank & Trust Co.’s portfolio, making the stock its 5th largest position.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in the company. US Bancorp DE grew its stake in SPDR S&P 400 Mid Cap Value ETF by 23.9% during the 3rd quarter. US Bancorp DE now owns 643 shares of the company’s stock valued at $54,000 after purchasing an additional 124 shares during the last quarter. Basecamp Wealth Advisors LLC purchased a new position in shares of SPDR S&P 400 Mid Cap Value ETF in the first quarter worth about $55,000. Miller Capital Partners Inc. purchased a new position in shares of SPDR S&P 400 Mid Cap Value ETF in the fourth quarter worth about $65,000. Tucker Asset Management LLC lifted its holdings in shares of SPDR S&P 400 Mid Cap Value ETF by 160.6% during the fourth quarter. Tucker Asset Management LLC now owns 1,058 shares of the company’s stock worth $90,000 after purchasing an additional 652 shares during the period. Finally, Creative Financial Designs Inc. ADV lifted its holdings in shares of SPDR S&P 400 Mid Cap Value ETF by 47.2% during the fourth quarter. Creative Financial Designs Inc. ADV now owns 1,120 shares of the company’s stock worth $95,000 after purchasing an additional 359 shares during the period.

SPDR S&P 400 Mid Cap Value ETF Price Performance

NYSEARCA:MDYV opened at $97.32 on Wednesday. The company’s fifty day moving average price is $93.86 and its 200-day moving average price is $90.62. SPDR S&P 400 Mid Cap Value ETF has a 1-year low of $79.06 and a 1-year high of $97.34. The firm has a market capitalization of $2.85 billion, a P/E ratio of 15.85 and a beta of 0.96.

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. The selection universe for the S&P MidCap 400 Index includes all the United States common equities listed on the New York Stock Exchange, National Association of Securities Dealers Automated Quotation (NASDAQ) Global Select Market, NASDAQ Select Market and NASDAQ CapitalMarket with market capitalizations between $850 million and $3.8 billion.