Nwam LLC Invests $4.34 Million in Morgan Dempsey Large Cap Value ETF $MDLV

Nwam LLC acquired a new position in Morgan Dempsey Large Cap Value ETF (BATS:MDLV) in the 2nd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund acquired 141,275 shares of the company’s stock, valued at approximately $4,338,000. Nwam LLC owned 0.15% of Morgan Dempsey Large Cap Value ETF at the end of the most recent reporting period.

A number of other hedge funds also recently bought and sold shares of MDLV. Beacon Pointe Advisors LLC boosted its position in Morgan Dempsey Large Cap Value ETF by 4.8% in the fourth quarter. Beacon Pointe Advisors LLC now owns 377,970 shares of the company’s stock worth $10,722,000 after purchasing an additional 17,319 shares during the last quarter. Diversified Management Inc. grew its stake in shares of Morgan Dempsey Large Cap Value ETF by 5.7% during the 2nd quarter. Diversified Management Inc. now owns 96,481 shares of the company’s stock valued at $2,963,000 after purchasing an additional 5,202 shares during the period. Morgan Dempsey Capital Management LLC increased its position in shares of Morgan Dempsey Large Cap Value ETF by 8.8% during the 4th quarter. Morgan Dempsey Capital Management LLC now owns 34,103 shares of the company’s stock valued at $967,000 after purchasing an additional 2,756 shares during the last quarter. Private Advisor Group LLC lifted its stake in shares of Morgan Dempsey Large Cap Value ETF by 28.1% in the 3rd quarter. Private Advisor Group LLC now owns 15,488 shares of the company’s stock worth $434,000 after purchasing an additional 3,394 shares during the period. Finally, Susquehanna International Group LLP lifted its stake in shares of Morgan Dempsey Large Cap Value ETF by 56.2% in the 3rd quarter. Susquehanna International Group LLP now owns 14,729 shares of the company’s stock worth $412,000 after purchasing an additional 5,300 shares during the period.

Morgan Dempsey Large Cap Value ETF Trading Down 0.2%

MDLV opened at $31.80 on Tuesday. The company has a market cap of $30.85 million, a price-to-earnings ratio of 16.21 and a beta of 0.53. The company’s 50 day moving average is $31.49 and its 200 day moving average is $30.95. Morgan Dempsey Large Cap Value ETF has a 12-month low of $27.37 and a 12-month high of $32.17.

Morgan Dempsey Large Cap Value ETF Profile

The Morgan Dempsey Large Cap Value ETF (MDLV) is an exchange-traded fund that mostly invests in large cap equity. The fund is actively managed to provide exposure to US-listed, large-cap companies believed to be undervalued. Holdings are selected based on fundamental criteria. MDLV was launched on Apr 26, 2023 and is managed by Morgan Dempsey.