NorthRock Partners LLC Grows Position in SPDR S&P 400 Mid Cap Value ETF $MDYV

NorthRock Partners LLC grew its stake in shares of SPDR S&P 400 Mid Cap Value ETF (NYSEARCA:MDYV) by 6.2% during the 2nd quarter, according to its most recent 13F filing with the SEC. The institutional investor owned 1,427,030 shares of the company’s stock after purchasing an additional 83,282 shares during the period. SPDR S&P 400 Mid Cap Value ETF makes up about 2.0% of NorthRock Partners LLC’s holdings, making the stock its 11th largest position. NorthRock Partners LLC owned about 4.88% of SPDR S&P 400 Mid Cap Value ETF worth $135,354,000 as of its most recent filing with the SEC.

Several other institutional investors also recently made changes to their positions in MDYV. Geneos Wealth Management Inc. increased its holdings in shares of SPDR S&P 400 Mid Cap Value ETF by 0.3% in the 1st quarter. Geneos Wealth Management Inc. now owns 44,305 shares of the company’s stock valued at $3,773,000 after purchasing an additional 117 shares in the last quarter. US Bancorp DE grew its position in SPDR S&P 400 Mid Cap Value ETF by 23.9% during the third quarter. US Bancorp DE now owns 643 shares of the company’s stock worth $54,000 after buying an additional 124 shares during the period. Intrua Financial LLC grew its position in SPDR S&P 400 Mid Cap Value ETF by 0.5% during the fourth quarter. Intrua Financial LLC now owns 27,630 shares of the company’s stock worth $2,339,000 after buying an additional 147 shares during the period. Independent Advisor Alliance grew its position in SPDR S&P 400 Mid Cap Value ETF by 2.7% during the fourth quarter. Independent Advisor Alliance now owns 5,893 shares of the company’s stock worth $499,000 after buying an additional 155 shares during the period. Finally, PNC Financial Services Group Inc. increased its holdings in SPDR S&P 400 Mid Cap Value ETF by 8.9% in the first quarter. PNC Financial Services Group Inc. now owns 1,899 shares of the company’s stock valued at $162,000 after buying an additional 155 shares in the last quarter.

SPDR S&P 400 Mid Cap Value ETF Trading Down 0.8%

MDYV stock opened at $94.36 on Wednesday. The firm has a 50 day moving average of $95.17 and a 200-day moving average of $91.59. SPDR S&P 400 Mid Cap Value ETF has a 12-month low of $79.64 and a 12-month high of $97.58. The company has a market cap of $2.76 billion, a price-to-earnings ratio of 15.85 and a beta of 0.96.

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. 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.