QRG Capital Management Inc. Acquires New Stake in SPDR S&P 400 Mid Cap Value ETF $MDYV

QRG Capital Management Inc. bought a new position in shares of SPDR S&P 400 Mid Cap Value ETF (NYSEARCA:MDYV) during the 3rd quarter, Holdings Channel.com reports. The firm bought 5,918 shares of the company’s stock, valued at approximately $494,000.

Several other institutional investors and hedge funds also recently made changes to their positions in the stock. WealthPLAN Partners LLC raised its position in shares of SPDR S&P 400 Mid Cap Value ETF by 2.5% during the third quarter. WealthPLAN Partners LLC now owns 5,908 shares of the company’s stock worth $493,000 after acquiring an additional 146 shares during the last quarter. KPP Advisory Services LLC increased its position in SPDR S&P 400 Mid Cap Value ETF by 1.9% during the 2nd quarter. KPP Advisory Services LLC now owns 7,802 shares of the company’s stock valued at $620,000 after purchasing an additional 148 shares during the period. MGO One Seven LLC raised its holdings in SPDR S&P 400 Mid Cap Value ETF by 0.9% during the 3rd quarter. MGO One Seven LLC now owns 19,530 shares of the company’s stock worth $1,629,000 after purchasing an additional 170 shares during the last quarter. Silverlake Wealth Management LLC lifted its position in shares of SPDR S&P 400 Mid Cap Value ETF by 2.7% in the 3rd quarter. Silverlake Wealth Management LLC now owns 6,851 shares of the company’s stock worth $571,000 after purchasing an additional 181 shares during the period. Finally, NewEdge Advisors LLC boosted its stake in shares of SPDR S&P 400 Mid Cap Value ETF by 3.6% in the 1st quarter. NewEdge Advisors LLC now owns 6,395 shares of the company’s stock valued at $493,000 after purchasing an additional 221 shares during the last quarter.

SPDR S&P 400 Mid Cap Value ETF Stock Down 0.1%

MDYV opened at $89.79 on Friday. SPDR S&P 400 Mid Cap Value ETF has a twelve month low of $65.86 and a twelve month high of $90.61. The company has a fifty day moving average of $85.69 and a 200-day moving average of $83.67. The stock has a market cap of $2.60 billion, a PE ratio of 15.85 and a beta of 1.05.

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.