Nwam LLC Buys Shares of 141,275 Morgan Dempsey Large Cap Value ETF $MDLV

Nwam LLC bought a new position in Morgan Dempsey Large Cap Value ETF (BATS:MDLV) in the second quarter, according to the company in its most recent Form 13F filing with the SEC. The firm bought 141,275 shares of the company’s stock, valued at approximately $4,338,000. Nwam LLC owned approximately 14.56% of Morgan Dempsey Large Cap Value ETF at the end of the most recent quarter.

Several other hedge funds have also recently modified their holdings of the business. Diversified Management Inc. lifted its holdings in shares of Morgan Dempsey Large Cap Value ETF by 5.7% during the second 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 in the last quarter. Beacon Pointe Advisors LLC raised its position in Morgan Dempsey Large Cap Value ETF by 4.8% in the 4th quarter. Beacon Pointe Advisors LLC now owns 377,970 shares of the company’s stock worth $10,722,000 after buying an additional 17,319 shares during the last quarter. OLD Mission Capital LLC purchased a new position in Morgan Dempsey Large Cap Value ETF in the 4th quarter worth about $228,000. Morgan Dempsey Capital Management LLC lifted its stake in 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 acquiring an additional 2,756 shares during the period. Finally, Susquehanna International Group LLP lifted its stake in Morgan Dempsey Large Cap Value ETF by 56.2% during the 3rd quarter. Susquehanna International Group LLP now owns 14,729 shares of the company’s stock valued at $412,000 after acquiring an additional 5,300 shares during the period.

Morgan Dempsey Large Cap Value ETF Stock Down 0.2%

Shares of BATS MDLV opened at $31.80 on Tuesday. The firm’s 50-day moving average price is $31.49 and its 200-day moving average price is $30.95. Morgan Dempsey Large Cap Value ETF has a 52-week low of $27.37 and a 52-week high of $32.17. The company has a market cap of $30.85 million, a PE ratio of 16.21 and a beta of 0.53.

About Morgan Dempsey Large Cap Value ETF

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.