Berman McAleer LLC Makes New $1.39 Million Investment in SPDR S&P 400 Mid Cap Value ETF $MDYV

Berman McAleer LLC bought a new stake in shares of SPDR S&P 400 Mid Cap Value ETF (NYSEARCA:MDYV) in the third quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund bought 16,642 shares of the company’s stock, valued at approximately $1,388,000. Berman McAleer LLC owned approximately 0.06% of SPDR S&P 400 Mid Cap Value ETF as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also made changes to their positions in MDYV. AQR Capital Management LLC lifted its stake in SPDR S&P 400 Mid Cap Value ETF by 38.4% in the first quarter. AQR Capital Management LLC now owns 3,563 shares of the company’s stock worth $275,000 after acquiring an additional 988 shares during the period. NewEdge Advisors LLC lifted its position in shares of SPDR S&P 400 Mid Cap Value ETF by 3.6% in the 1st quarter. NewEdge Advisors LLC now owns 6,395 shares of the company’s stock worth $493,000 after purchasing an additional 221 shares during the period. Goldman Sachs Group Inc. boosted its stake in shares of SPDR S&P 400 Mid Cap Value ETF by 7.6% during the first quarter. Goldman Sachs Group Inc. now owns 261,025 shares of the company’s stock valued at $20,112,000 after purchasing an additional 18,506 shares in the last quarter. Ameritas Advisory Services LLC raised its stake in SPDR S&P 400 Mid Cap Value ETF by 5.8% in the second quarter. Ameritas Advisory Services LLC now owns 4,538 shares of the company’s stock worth $360,000 after buying an additional 247 shares in the last quarter. Finally, Montz Harcus Wealth Management LLC lifted its holdings in SPDR S&P 400 Mid Cap Value ETF by 3.4% during the second quarter. Montz Harcus Wealth Management LLC now owns 45,874 shares of the company’s stock worth $3,644,000 after buying an additional 1,522 shares during the period.

SPDR S&P 400 Mid Cap Value ETF Trading Down 0.5%

Shares of NYSEARCA MDYV opened at $88.13 on Friday. SPDR S&P 400 Mid Cap Value ETF has a 12-month low of $65.86 and a 12-month high of $90.61. The stock’s fifty day simple moving average is $86.61 and its two-hundred day simple moving average is $83.94. The stock has a market capitalization of $2.56 billion, a PE ratio of 15.85 and a beta of 1.05.

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.