GoalVest Advisory LLC Invests $28,000 in SPDR S&P 400 Mid Cap Value ETF (NYSEARCA:MDYV)

GoalVest Advisory LLC bought a new stake in shares of SPDR S&P 400 Mid Cap Value ETF (NYSEARCA:MDYV) during the first quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm bought 369 shares of the company’s stock, valued at approximately $28,000.

A number of other hedge funds and other institutional investors have also recently made changes to their positions in MDYV. Envestnet Asset Management Inc. lifted its holdings in SPDR S&P 400 Mid Cap Value ETF by 663.7% in the 4th quarter. Envestnet Asset Management Inc. now owns 3,137,364 shares of the company’s stock valued at $230,220,000 after purchasing an additional 2,726,536 shares in the last quarter. Townsquare Capital LLC lifted its holdings in SPDR S&P 400 Mid Cap Value ETF by 2.1% in the 3rd quarter. Townsquare Capital LLC now owns 729,680 shares of the company’s stock valued at $47,327,000 after purchasing an additional 14,816 shares in the last quarter. TIAA Trust National Association lifted its holdings in SPDR S&P 400 Mid Cap Value ETF by 14.3% in the 4th quarter. TIAA Trust National Association now owns 653,271 shares of the company’s stock valued at $47,937,000 after purchasing an additional 81,823 shares in the last quarter. Lutz Financial Services LLC lifted its holdings in SPDR S&P 400 Mid Cap Value ETF by 6.2% in the 4th quarter. Lutz Financial Services LLC now owns 645,203 shares of the company’s stock valued at $47,345,000 after purchasing an additional 37,891 shares in the last quarter. Finally, FAS Wealth Partners Inc. lifted its holdings in SPDR S&P 400 Mid Cap Value ETF by 14.7% in the 4th quarter. FAS Wealth Partners Inc. now owns 563,857 shares of the company’s stock valued at $41,376,000 after purchasing an additional 72,396 shares in the last quarter.

SPDR S&P 400 Mid Cap Value ETF Stock Performance

Shares of MDYV stock opened at $72.30 on Thursday. The stock’s fifty day moving average is $73.42 and its two-hundred day moving average is $72.91. The firm has a market capitalization of $2.43 billion, a P/E ratio of 14.55 and a beta of 1.11. SPDR S&P 400 Mid Cap Value ETF has a fifty-two week low of $59.67 and a fifty-two week high of $76.39.

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.