Salomon & Ludwin LLC Acquires 18,233 Shares of SPDR S&P 400 Mid Cap Value ETF $MDYV

Salomon & Ludwin LLC acquired a new stake in SPDR S&P 400 Mid Cap Value ETF (NYSEARCA:MDYV) during the third quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm acquired 18,233 shares of the company’s stock, valued at approximately $1,614,000. Salomon & Ludwin LLC owned approximately 0.06% of SPDR S&P 400 Mid Cap Value ETF as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds and other institutional investors also recently added to or reduced their stakes in MDYV. ARQ Wealth Advisors LLC purchased a new stake in shares of SPDR S&P 400 Mid Cap Value ETF during the third quarter worth $460,000. Stevens Capital Partners purchased a new position in shares of SPDR S&P 400 Mid Cap Value ETF in the third quarter worth about $2,120,000. Intrua Financial LLC acquired a new position in SPDR S&P 400 Mid Cap Value ETF during the third quarter worth about $2,312,000. Invera Wealth Advisors LLC acquired a new position in SPDR S&P 400 Mid Cap Value ETF during the third quarter worth about $984,000. Finally, MGO One Seven LLC purchased a new stake in SPDR S&P 400 Mid Cap Value ETF during the 3rd quarter valued at about $1,656,000.

SPDR S&P 400 Mid Cap Value ETF Stock Performance

MDYV stock opened at $93.45 on Monday. The company has a market cap 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 has a 12 month low of $79.64 and a 12 month high of $97.58. The firm has a 50-day moving average of $92.07 and a two-hundred day moving average of $91.30.

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.