Benjamin Edwards Inc. Acquires 450,409 Shares of SPDR S&P 400 Mid Cap Value ETF (NYSEARCA:MDYV)

Benjamin Edwards Inc. boosted its holdings in SPDR S&P 400 Mid Cap Value ETF (NYSEARCA:MDYV) by 2,202.9% in the third quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 470,855 shares of the company’s stock after buying an additional 450,409 shares during the period. Benjamin Edwards Inc.’s holdings in SPDR S&P 400 Mid Cap Value ETF were worth $37,414,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds have also bought and sold shares of MDYV. Montz Harcus Wealth Management LLC boosted its holdings in shares of SPDR S&P 400 Mid Cap Value ETF by 1.0% in the third quarter. Montz Harcus Wealth Management LLC now owns 13,973 shares of the company’s stock worth $1,110,000 after acquiring an additional 136 shares during the period. Capital Advisory Group Advisory Services LLC grew its holdings in SPDR S&P 400 Mid Cap Value ETF by 3.6% during the 2nd quarter. Capital Advisory Group Advisory Services LLC now owns 4,092 shares of the company’s stock valued at $298,000 after buying an additional 142 shares in the last quarter. KPP Advisory Services LLC increased its position in shares of SPDR S&P 400 Mid Cap Value ETF by 1.9% during the second quarter. KPP Advisory Services LLC now owns 8,073 shares of the company’s stock valued at $589,000 after buying an additional 152 shares during the period. PSI Advisors LLC lifted its holdings in shares of SPDR S&P 400 Mid Cap Value ETF by 35.5% in the second quarter. PSI Advisors LLC now owns 584 shares of the company’s stock worth $43,000 after buying an additional 153 shares in the last quarter. Finally, Independent Advisor Alliance boosted its position in shares of SPDR S&P 400 Mid Cap Value ETF by 5.2% in the third quarter. Independent Advisor Alliance now owns 3,565 shares of the company’s stock valued at $283,000 after acquiring an additional 175 shares during the period.

SPDR S&P 400 Mid Cap Value ETF Price Performance

NYSEARCA MDYV opened at $86.62 on Monday. The stock has a market capitalization of $2.91 billion, a PE ratio of 14.55 and a beta of 1.11. SPDR S&P 400 Mid Cap Value ETF has a 1 year low of $66.31 and a 1 year high of $87.81. The company’s 50 day simple moving average is $81.58 and its two-hundred day simple moving average is $77.48.

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.