SPDR S&P 400 Mid Cap Value ETF $MDYV Shares Newly Acquired by Salomon & Ludwin LLC

Salomon & Ludwin LLC acquired a new stake in SPDR S&P 400 Mid Cap Value ETF (NYSEARCA:MDYV) during the third quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor acquired 18,233 shares of the company’s stock, valued at approximately $1,614,000.

A number of other hedge funds have also modified their holdings of the business. ARQ Wealth Advisors LLC acquired a new stake in shares of SPDR S&P 400 Mid Cap Value ETF during the third quarter valued at about $460,000. Stevens Capital Partners acquired a new position in shares of SPDR S&P 400 Mid Cap Value ETF in the 3rd quarter worth approximately $2,120,000. Intrua Financial LLC acquired a new position in shares of SPDR S&P 400 Mid Cap Value ETF in the 3rd quarter worth approximately $2,312,000. Invera Wealth Advisors LLC acquired a new position in shares of SPDR S&P 400 Mid Cap Value ETF in the 3rd quarter worth approximately $984,000. Finally, MGO One Seven LLC purchased a new position in shares of SPDR S&P 400 Mid Cap Value ETF during the 3rd quarter worth approximately $1,656,000.

SPDR S&P 400 Mid Cap Value ETF Stock Performance

NYSEARCA:MDYV opened at $93.45 on Monday. SPDR S&P 400 Mid Cap Value ETF has a fifty-two week low of $79.64 and a fifty-two week high of $97.58. The company has a 50 day moving average price of $92.07 and a 200 day moving average price of $91.30. The stock has a market capitalization of $2.80 billion, a P/E ratio of 15.85 and a beta of 0.97.

About SPDR S&P 400 Mid Cap Value ETF

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.