Clarus Wealth Advisors Reduces Position in SPDR S&P 400 Mid Cap Value ETF (NYSEARCA:MDYV)

Clarus Wealth Advisors decreased its position in shares of SPDR S&P 400 Mid Cap Value ETF (NYSEARCA:MDYV) by 5.6% during the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 52,951 shares of the company’s stock after selling 3,160 shares during the period. SPDR S&P 400 Mid Cap Value ETF accounts for approximately 2.1% of Clarus Wealth Advisors’ portfolio, making the stock its 11th biggest holding. Clarus Wealth Advisors’ holdings in SPDR S&P 400 Mid Cap Value ETF were worth $4,247,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in MDYV. Envestnet Asset Management Inc. raised its position in SPDR S&P 400 Mid Cap Value ETF by 8.1% in the 2nd quarter. Envestnet Asset Management Inc. now owns 246,514 shares of the company’s stock valued at $17,981,000 after purchasing an additional 18,401 shares during the last quarter. WealthPLAN Partners LLC increased its stake in SPDR S&P 400 Mid Cap Value ETF by 78.2% in the second quarter. WealthPLAN Partners LLC now owns 8,730 shares of the company’s stock valued at $637,000 after purchasing an additional 3,831 shares during the period. Renaissance Technologies LLC raised its holdings in shares of SPDR S&P 400 Mid Cap Value ETF by 12.7% in the second quarter. Renaissance Technologies LLC now owns 11,300 shares of the company’s stock valued at $824,000 after buying an additional 1,275 shares during the last quarter. Perennial Investment Advisors LLC grew its holdings in shares of SPDR S&P 400 Mid Cap Value ETF by 0.8% during the second quarter. Perennial Investment Advisors LLC now owns 63,084 shares of the company’s stock worth $4,602,000 after buying an additional 497 shares during the last quarter. Finally, Mercer Global Advisors Inc. ADV raised its stake in SPDR S&P 400 Mid Cap Value ETF by 1,491.5% during the 2nd quarter. Mercer Global Advisors Inc. ADV now owns 202,503 shares of the company’s stock valued at $14,771,000 after acquiring an additional 189,779 shares during the last quarter.

SPDR S&P 400 Mid Cap Value ETF Price Performance

Shares of NYSEARCA MDYV opened at $81.14 on Wednesday. The company has a market cap of $2.73 billion, a PE ratio of 14.55 and a beta of 1.11. The stock has a fifty day moving average price of $83.01 and a 200 day moving average price of $79.37. SPDR S&P 400 Mid Cap Value ETF has a 1-year low of $69.88 and a 1-year 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.