Commonwealth Equity Services LLC Makes New Investment in SPDR S&P 400 Mid Cap Value ETF $MDYV

Commonwealth Equity Services LLC acquired a new stake in shares of SPDR S&P 400 Mid Cap Value ETF (NYSEARCA:MDYV) during the third quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm acquired 93,903 shares of the company’s stock, valued at approximately $8,311,000.

Several other hedge funds also recently modified their holdings of MDYV. CoreCap Advisors LLC purchased a new stake in shares of SPDR S&P 400 Mid Cap Value ETF during the third quarter worth about $54,000. Basecamp Wealth Advisors LLC purchased a new position in shares of SPDR S&P 400 Mid Cap Value ETF during the first quarter valued at approximately $55,000. Atwood & Palmer Inc. purchased a new position in shares of SPDR S&P 400 Mid Cap Value ETF during the third quarter valued at approximately $66,000. Pinnacle Bancorp Inc. purchased a new position in shares of SPDR S&P 400 Mid Cap Value ETF during the third quarter valued at approximately $106,000. Finally, PNC Financial Services Group Inc. boosted its position in SPDR S&P 400 Mid Cap Value ETF by 8.9% during the first quarter. PNC Financial Services Group Inc. now owns 1,899 shares of the company’s stock worth $162,000 after acquiring an additional 155 shares during the last quarter.

SPDR S&P 400 Mid Cap Value ETF Stock Performance

Shares of NYSEARCA MDYV opened at $93.95 on Friday. The firm has a market cap of $2.83 billion, a P/E ratio of 16.29 and a beta of 0.97. SPDR S&P 400 Mid Cap Value ETF has a 1 year low of $79.64 and a 1 year high of $97.58. The firm’s 50 day moving average price is $91.91 and its 200 day moving average price is $91.55.

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.