Balanced Wealth Group LLC Has $12.21 Million Holdings in SPDR S&P 400 Mid Cap Value ETF $MDYV

Balanced Wealth Group LLC grew its stake in SPDR S&P 400 Mid Cap Value ETF (NYSEARCA:MDYV) by 7.5% during the 2nd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 152,171 shares of the company’s stock after purchasing an additional 10,619 shares during the quarter. SPDR S&P 400 Mid Cap Value ETF makes up approximately 5.3% of Balanced Wealth Group LLC’s investment portfolio, making the stock its 5th largest holding. Balanced Wealth Group LLC owned approximately 0.51% of SPDR S&P 400 Mid Cap Value ETF worth $12,212,000 as of its most recent SEC filing.

A number of other hedge funds also recently modified their holdings of MDYV. MONECO Advisors LLC grew its stake in SPDR S&P 400 Mid Cap Value ETF by 70.3% in the 1st quarter. MONECO Advisors LLC now owns 36,095 shares of the company’s stock valued at $2,781,000 after buying an additional 14,895 shares during the last quarter. IFG Advisory LLC boosted its holdings in shares of SPDR S&P 400 Mid Cap Value ETF by 1.5% during the first quarter. IFG Advisory LLC now owns 17,780 shares of the company’s stock worth $1,370,000 after acquiring an additional 258 shares during the period. Cary Street Partners Investment Advisory LLC grew its position in shares of SPDR S&P 400 Mid Cap Value ETF by 1.8% in the first quarter. Cary Street Partners Investment Advisory LLC now owns 13,978 shares of the company’s stock valued at $1,077,000 after purchasing an additional 248 shares during the last quarter. Wealthspire Advisors LLC grew its position in shares of SPDR S&P 400 Mid Cap Value ETF by 29.9% in the first quarter. Wealthspire Advisors LLC now owns 20,543 shares of the company’s stock valued at $1,583,000 after purchasing an additional 4,733 shares during the last quarter. Finally, WealthShield Partners LLC increased its stake in shares of SPDR S&P 400 Mid Cap Value ETF by 0.7% during the first quarter. WealthShield Partners LLC now owns 91,552 shares of the company’s stock worth $7,054,000 after purchasing an additional 601 shares during the period.

SPDR S&P 400 Mid Cap Value ETF Price Performance

MDYV opened at $84.81 on Friday. The business has a fifty day simple moving average of $82.84 and a 200 day simple moving average of $81.44. SPDR S&P 400 Mid Cap Value ETF has a 1 year low of $65.86 and a 1 year high of $87.08. The company has a market capitalization of $2.43 billion, a PE ratio of 15.85 and a beta of 1.05.

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.