Invera Wealth Advisors LLC Buys 11,116 Shares of SPDR S&P 400 Mid Cap Value ETF $MDYV

Invera Wealth Advisors LLC bought a new stake in SPDR S&P 400 Mid Cap Value ETF (NYSEARCA:MDYV) during the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor bought 11,116 shares of the company’s stock, valued at approximately $984,000.

A number of other hedge funds and other institutional investors also recently bought and sold shares of MDYV. MGO One Seven LLC purchased a new position in shares of SPDR S&P 400 Mid Cap Value ETF in the 3rd quarter valued at about $1,656,000. Modera Wealth Management LLC purchased a new stake in SPDR S&P 400 Mid Cap Value ETF during the third quarter worth approximately $3,327,000. Partners Wealth Management LLC purchased a new stake in SPDR S&P 400 Mid Cap Value ETF during the third quarter worth approximately $206,000. ERn Financial LLC purchased a new stake in shares of SPDR S&P 400 Mid Cap Value ETF during the 3rd quarter worth approximately $14,983,000. Finally, Sterling Financial Planning Inc. purchased a new stake in shares of SPDR S&P 400 Mid Cap Value ETF during the 3rd quarter worth approximately $573,000.

SPDR S&P 400 Mid Cap Value ETF Price Performance

NYSEARCA MDYV opened at $93.45 on Friday. The firm’s fifty day moving average price is $92.07 and its 200 day moving average price is $91.30. SPDR S&P 400 Mid Cap Value ETF has a 12 month low of $79.64 and a 12 month high of $97.58. The company has a market capitalization of $2.80 billion, a price-to-earnings ratio of 15.85 and a beta of 0.97.

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.