Sharper & Granite LLC Acquires 230 Shares of SPDR S&P 400 Mid Cap Value ETF $MDYV

Sharper & Granite LLC lifted its stake in SPDR S&P 400 Mid Cap Value ETF (NYSEARCA:MDYV) by 3.5% during the second quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 6,800 shares of the company’s stock after purchasing an additional 230 shares during the quarter. Sharper & Granite LLC’s holdings in SPDR S&P 400 Mid Cap Value ETF were worth $557,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in the stock. MJT & Associates Financial Advisory Group Inc. bought a new stake in SPDR S&P 400 Mid Cap Value ETF in the first quarter worth $38,000. Compass Financial Services Inc bought a new position in SPDR S&P 400 Mid Cap Value ETF in the 1st quarter worth about $63,000. Nova Wealth Management Inc. grew its position in SPDR S&P 400 Mid Cap Value ETF by 488.7% during the 2nd quarter. Nova Wealth Management Inc. now owns 989 shares of the company’s stock valued at $79,000 after purchasing an additional 821 shares during the last quarter. Smartleaf Asset Management LLC grew its position in SPDR S&P 400 Mid Cap Value ETF by 3,903.8% during the 1st 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 during the last quarter. Finally, Kestra Private Wealth Services LLC bought a new stake in SPDR S&P 400 Mid Cap Value ETF during the 1st quarter valued at about $205,000.

SPDR S&P 400 Mid Cap Value ETF Stock Performance

Shares of NYSEARCA MDYV opened at $83.72 on Friday. The firm’s 50 day moving average price is $83.41 and its 200-day moving average price is $79.62. SPDR S&P 400 Mid Cap Value ETF has a 52-week low of $65.86 and a 52-week high of $87.81. The company has a market cap of $2.45 billion, a PE ratio of 15.85 and a beta of 1.17.

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.