SPDR S&P 400 Mid Cap Value ETF $MDYV Shares Bought by Convergence Financial LLC

Convergence Financial LLC lifted its holdings in SPDR S&P 400 Mid Cap Value ETF (NYSEARCA:MDYV) by 6.2% during the 3rd quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 299,475 shares of the company’s stock after purchasing an additional 17,468 shares during the period. SPDR S&P 400 Mid Cap Value ETF comprises 3.8% of Convergence Financial LLC’s holdings, making the stock its 5th biggest holding. Convergence Financial LLC owned about 1.05% of SPDR S&P 400 Mid Cap Value ETF worth $24,979,000 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. Glass Jacobson Investment Advisors llc boosted its holdings in SPDR S&P 400 Mid Cap Value ETF by 94.3% during the third quarter. Glass Jacobson Investment Advisors llc now owns 515 shares of the company’s stock worth $43,000 after buying an additional 250 shares in the last quarter. Capital A Wealth Management LLC boosted its stake in shares of SPDR S&P 400 Mid Cap Value ETF by 921.3% during the 2nd quarter. Capital A Wealth Management LLC now owns 623 shares of the company’s stock worth $46,000 after acquiring an additional 562 shares in the last quarter. Atwood & Palmer Inc. acquired a new position in shares of SPDR S&P 400 Mid Cap Value ETF in the 3rd quarter worth $61,000. Smartleaf Asset Management LLC raised its position in shares of SPDR S&P 400 Mid Cap Value ETF by 62.1% during the second quarter. Smartleaf Asset Management LLC now owns 1,687 shares of the company’s stock worth $134,000 after purchasing an additional 646 shares during the period. Finally, Steward Partners Investment Advisory LLC lifted its holdings in shares of SPDR S&P 400 Mid Cap Value ETF by 13.5% during the second quarter. Steward Partners Investment Advisory LLC now owns 1,911 shares of the company’s stock valued at $152,000 after purchasing an additional 227 shares during the last quarter.

SPDR S&P 400 Mid Cap Value ETF Stock Up 0.5%

NYSEARCA:MDYV opened at $91.91 on Friday. SPDR S&P 400 Mid Cap Value ETF has a 1-year low of $65.86 and a 1-year high of $93.10. The firm has a market capitalization of $2.62 billion, a price-to-earnings ratio of 15.85 and a beta of 1.05. The stock has a fifty day simple moving average of $88.51 and a 200 day simple moving average of $84.98.

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.