Rodgers & Associates LTD Makes New $19.16 Million Investment in SPDR S&P 400 Mid Cap Value ETF $MDYV

Rodgers & Associates LTD acquired a new stake in SPDR S&P 400 Mid Cap Value ETF (NYSEARCA:MDYV) in the 3rd quarter, according to the company in its most recent filing with the SEC. The fund acquired 216,453 shares of the company’s stock, valued at approximately $19,158,000. SPDR S&P 400 Mid Cap Value ETF comprises approximately 1.8% of Rodgers & Associates LTD’s investment portfolio, making the stock its 23rd biggest holding.

A number of other institutional investors and hedge funds also recently bought and sold shares of the business. Sensible Money LLC acquired a new stake in shares of SPDR S&P 400 Mid Cap Value ETF in the third quarter valued at $343,000. Diversify Advisory Services LLC acquired a new position in SPDR S&P 400 Mid Cap Value ETF during the 3rd quarter worth about $210,000. CWA Asset Management Group LLC acquired a new position in SPDR S&P 400 Mid Cap Value ETF during the 3rd quarter worth about $1,818,000. Retirement Planning Group LLC acquired a new position in SPDR S&P 400 Mid Cap Value ETF during the 3rd quarter worth about $283,000. Finally, Orin Green Financial LLC bought a new stake in SPDR S&P 400 Mid Cap Value ETF during the 3rd quarter worth about $461,000.

SPDR S&P 400 Mid Cap Value ETF Stock Up 1.3%

Shares of NYSEARCA:MDYV opened at $91.81 on Wednesday. The firm has a market cap of $2.77 billion, a P/E ratio of 15.85 and a beta of 0.97. 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’s 50-day moving average price is $92.64 and its two-hundred day moving average price is $92.44.

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.