8,385 Shares in SPDR S&P 400 Mid Cap Value ETF $MDYV Purchased by Cultivar Capital Inc.

Cultivar Capital Inc. bought a new stake in SPDR S&P 400 Mid Cap Value ETF (NYSEARCA:MDYV) in the third quarter, HoldingsChannel reports. The fund bought 8,385 shares of the company’s stock, valued at approximately $742,000. SPDR S&P 400 Mid Cap Value ETF comprises 0.5% of Cultivar Capital Inc.’s portfolio, making the stock its 15th largest position.

A number of other institutional investors also recently modified their holdings of MDYV. 4WEALTH Advisors Inc. bought a new position in SPDR S&P 400 Mid Cap Value ETF in the third quarter valued at $212,000. Cooke Wealth Management LLC boosted its position in shares of SPDR S&P 400 Mid Cap Value ETF by 3.4% in the third quarter. Cooke Wealth Management LLC now owns 20,453 shares of the company’s stock valued at $1,810,000 after acquiring an additional 668 shares during the period. Avior Wealth Management LLC acquired a new stake in shares of SPDR S&P 400 Mid Cap Value ETF in the third quarter valued at approximately $6,347,000. Sacks & Associates LLC bought a new position in shares of SPDR S&P 400 Mid Cap Value ETF in the third quarter worth $3,850,000. Finally, Councilor Wealth LLC bought a new stake in SPDR S&P 400 Mid Cap Value ETF during the third quarter worth $4,903,000.

SPDR S&P 400 Mid Cap Value ETF Trading Down 0.8%

NYSEARCA:MDYV traded down $0.72 on Wednesday, hitting $89.92. The company had a trading volume of 109,588 shares, compared to its average volume of 86,153. The firm has a 50 day moving average of $93.19 and a two-hundred day moving average of $92.22. SPDR S&P 400 Mid Cap Value ETF has a 52 week low of $79.64 and a 52 week high of $97.58. The stock has a market capitalization of $2.71 billion, a price-to-earnings ratio of 15.85 and a beta of 0.97.

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. 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.