SPDR S&P 400 Mid Cap Value ETF $MDYV Shares Acquired by Royal Bank of Canada

Royal Bank of Canada increased its holdings in SPDR S&P 400 Mid Cap Value ETF (NYSEARCA:MDYV) by 16.3% during the first quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 48,141 shares of the company’s stock after acquiring an additional 6,741 shares during the quarter. Royal Bank of Canada owned approximately 0.17% of SPDR S&P 400 Mid Cap Value ETF worth $4,100,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also recently bought and sold shares of MDYV. AQR Capital Management LLC raised its holdings in shares of SPDR S&P 400 Mid Cap Value ETF by 38.4% in the first quarter. AQR Capital Management LLC now owns 3,563 shares of the company’s stock valued at $275,000 after buying an additional 988 shares during the last quarter. NewEdge Advisors LLC grew its holdings in shares of SPDR S&P 400 Mid Cap Value ETF by 3.6% during the first quarter. NewEdge Advisors LLC now owns 6,395 shares of the company’s stock worth $493,000 after buying an additional 221 shares during the last quarter. Goldman Sachs Group Inc. grew its holdings in shares of SPDR S&P 400 Mid Cap Value ETF by 7.6% during the first quarter. Goldman Sachs Group Inc. now owns 261,025 shares of the company’s stock worth $20,112,000 after buying an additional 18,506 shares during the last quarter. JPMorgan Chase & Co. grew its holdings in shares of SPDR S&P 400 Mid Cap Value ETF by 42.0% during the second quarter. JPMorgan Chase & Co. now owns 22,208 shares of the company’s stock worth $1,764,000 after buying an additional 6,571 shares during the last quarter. Finally, M&T Bank Corp acquired a new position in SPDR S&P 400 Mid Cap Value ETF in the 2nd quarter valued at about $245,000.

SPDR S&P 400 Mid Cap Value ETF Stock Up 0.3%

MDYV opened at $97.39 on Friday. 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 business has a 50 day moving average price of $94.65 and a two-hundred day moving average price of $91.02. The company has a market cap of $2.85 billion, a PE ratio of 15.85 and a beta of 0.96.

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. 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.