132,985 Shares of SPDR S&P 400 Mid Cap Value ETF $MDYV Bought by Moneco Advisors LLC

Moneco Advisors LLC bought a new position in shares of SPDR S&P 400 Mid Cap Value ETF (NYSEARCA:MDYV) during the 3rd quarter, HoldingsChannel reports. The fund bought 132,985 shares of the company’s stock, valued at approximately $11,771,000. SPDR S&P 400 Mid Cap Value ETF accounts for about 0.7% of Moneco Advisors LLC’s investment portfolio, making the stock its 29th biggest holding.

Other institutional investors and hedge funds have also made changes to their positions in the company. Avantax Planning Partners Inc. acquired a new stake in SPDR S&P 400 Mid Cap Value ETF during the third quarter worth $84,999,000. First Pacific Financial purchased a new stake in SPDR S&P 400 Mid Cap Value ETF in the third quarter valued at $32,359,000. Canandaigua National Bank & Trust Co. acquired a new position in shares of SPDR S&P 400 Mid Cap Value ETF in the 2nd quarter valued at $33,639,000. Rodgers & Associates LTD acquired a new position in shares of SPDR S&P 400 Mid Cap Value ETF in the 3rd quarter valued at $19,158,000. Finally, Convergence Financial LLC acquired a new position in shares of SPDR S&P 400 Mid Cap Value ETF in the 3rd quarter valued at $19,097,000.

SPDR S&P 400 Mid Cap Value ETF Trading Down 0.3%

Shares of NYSEARCA:MDYV opened at $94.39 on Wednesday. The business has a 50-day moving average price of $91.91 and a 200 day moving average price of $91.47. The company has a market capitalization of $2.84 billion, a price-to-earnings ratio of 16.29 and a beta of 0.97. SPDR S&P 400 Mid Cap Value ETF has a 12-month low of $79.64 and a 12-month high of $97.58.

SPDR S&P 400 Mid Cap Value ETF Company 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.