Klingman & Associates LLC Grows Stock Holdings in SPDR S&P 400 Mid Cap Value ETF $MDYV

Klingman & Associates LLC increased its stake in shares of SPDR S&P 400 Mid Cap Value ETF (NYSEARCA:MDYV) by 7.6% during the second quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 372,304 shares of the company’s stock after buying an additional 26,152 shares during the period. SPDR S&P 400 Mid Cap Value ETF comprises 1.6% of Klingman & Associates LLC’s portfolio, making the stock its 15th largest holding. Klingman & Associates LLC’s holdings in SPDR S&P 400 Mid Cap Value ETF were worth $29,572,000 as of its most recent filing with the Securities and Exchange Commission.

Other institutional investors have also recently added to or reduced their stakes in the company. MJT & Associates Financial Advisory Group Inc. purchased a new stake in shares of SPDR S&P 400 Mid Cap Value ETF in the first quarter valued at about $38,000. Compass Financial Services Inc purchased a new stake in shares of SPDR S&P 400 Mid Cap Value ETF in the first quarter valued at about $63,000. Nova Wealth Management Inc. lifted its holdings in shares of SPDR S&P 400 Mid Cap Value ETF by 488.7% in the second quarter. Nova Wealth Management Inc. now owns 989 shares of the company’s stock valued at $79,000 after purchasing an additional 821 shares in the last quarter. Smartleaf Asset Management LLC lifted its holdings in shares of SPDR S&P 400 Mid Cap Value ETF by 3,903.8% in the first quarter. Smartleaf Asset Management LLC now owns 1,041 shares of the company’s stock valued at $80,000 after purchasing an additional 1,015 shares in the last quarter. Finally, Kestra Private Wealth Services LLC purchased a new stake in shares of SPDR S&P 400 Mid Cap Value ETF in the first quarter valued at about $205,000.

SPDR S&P 400 Mid Cap Value ETF Price Performance

Shares of NYSEARCA MDYV opened at $83.58 on Tuesday. SPDR S&P 400 Mid Cap Value ETF has a 12-month low of $65.86 and a 12-month high of $87.81. The company has a market capitalization of $2.44 billion, a PE ratio of 15.85 and a beta of 1.17. The firm’s 50-day moving average is $83.32 and its two-hundred day moving average is $79.46.

SPDR S&P 400 Mid Cap Value ETF 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.