Mercer Global Advisors Inc. ADV lifted its position in SPDR S&P 400 Mid Cap Value ETF (NYSEARCA:MDYV – Free Report) by 1,491.5% in the 2nd quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund owned 202,503 shares of the company’s stock after acquiring an additional 189,779 shares during the quarter. Mercer Global Advisors Inc. ADV’s holdings in SPDR S&P 400 Mid Cap Value ETF were worth $14,771,000 at the end of the most recent reporting period.
Other large investors have also recently made changes to their positions in the company. GoalVest Advisory LLC purchased a new position in SPDR S&P 400 Mid Cap Value ETF during the 1st quarter valued at $28,000. Scarborough Advisors LLC bought a new stake in shares of SPDR S&P 400 Mid Cap Value ETF during the fourth quarter worth $35,000. Richardson Financial Services Inc. purchased a new stake in shares of SPDR S&P 400 Mid Cap Value ETF during the fourth quarter valued at $35,000. Evermay Wealth Management LLC bought a new position in shares of SPDR S&P 400 Mid Cap Value ETF in the first quarter worth about $35,000. Finally, PSI Advisors LLC increased its stake in SPDR S&P 400 Mid Cap Value ETF by 35.5% in the 2nd quarter. PSI Advisors LLC now owns 584 shares of the company’s stock worth $43,000 after buying an additional 153 shares during the period.
SPDR S&P 400 Mid Cap Value ETF Price Performance
Shares of MDYV opened at $79.86 on Friday. The firm has a market capitalization of $2.68 billion, a price-to-earnings ratio of 14.55 and a beta of 1.11. SPDR S&P 400 Mid Cap Value ETF has a 1-year low of $59.67 and a 1-year high of $79.97. The company has a 50-day moving average of $76.66 and a 200 day moving average of $74.56.
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.
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