Asset Dedication LLC Has $19.53 Million Position in SPDR S&P 400 Mid Cap Value ETF $MDYV

Asset Dedication LLC lifted its stake in SPDR S&P 400 Mid Cap Value ETF (NYSEARCA:MDYV) by 5.2% in the 3rd quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 234,133 shares of the company’s stock after buying an additional 11,569 shares during the period. SPDR S&P 400 Mid Cap Value ETF comprises 1.3% of Asset Dedication LLC’s portfolio, making the stock its 13th biggest holding. Asset Dedication LLC owned approximately 0.82% of SPDR S&P 400 Mid Cap Value ETF worth $19,529,000 as of its most recent filing with the SEC.

A number of other institutional investors have also added to or reduced their stakes in the company. Caitlin John LLC bought a new position in SPDR S&P 400 Mid Cap Value ETF during the third quarter valued at about $28,000. Glass Jacobson Investment Advisors llc grew its holdings in shares of SPDR S&P 400 Mid Cap Value ETF by 94.3% during the 3rd quarter. Glass Jacobson Investment Advisors llc now owns 515 shares of the company’s stock worth $43,000 after purchasing an additional 250 shares in the last quarter. Capital A Wealth Management LLC increased its position in shares of SPDR S&P 400 Mid Cap Value ETF by 921.3% during the second quarter. Capital A Wealth Management LLC now owns 623 shares of the company’s stock valued at $46,000 after purchasing an additional 562 shares during the period. US Bancorp DE increased its position in shares of SPDR S&P 400 Mid Cap Value ETF by 23.9% during the third quarter. US Bancorp DE now owns 643 shares of the company’s stock valued at $54,000 after purchasing an additional 124 shares during the period. Finally, Atwood & Palmer Inc. acquired a new position in shares of SPDR S&P 400 Mid Cap Value ETF in the third quarter valued at $61,000.

SPDR S&P 400 Mid Cap Value ETF Price Performance

Shares of MDYV stock opened at $85.28 on Wednesday. SPDR S&P 400 Mid Cap Value ETF has a one year low of $65.86 and a one year high of $93.10. The stock has a fifty day moving average price of $89.15 and a 200 day moving average price of $85.75. The stock has a market cap of $2.43 billion, a P/E 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.