Marathon Mission Inc. Makes New Investment in SPDR S&P 400 Mid Cap Value ETF $MDYV

Marathon Mission Inc. purchased a new position in shares of SPDR S&P 400 Mid Cap Value ETF (NYSEARCA:MDYV) in the third quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor purchased 126,233 shares of the company’s stock, valued at approximately $11,173,000. SPDR S&P 400 Mid Cap Value ETF accounts for 5.6% of Marathon Mission Inc.’s investment portfolio, making the stock its 5th biggest holding. Marathon Mission Inc. owned about 0.42% 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 have also recently modified their holdings of MDYV. Canandaigua National Bank & Trust Co. acquired a new position in SPDR S&P 400 Mid Cap Value ETF in the second quarter valued at about $33,639,000. WCG Wealth Advisors LLC raised its stake in shares of SPDR S&P 400 Mid Cap Value ETF by 187.5% in the 4th quarter. WCG Wealth Advisors LLC now owns 240,820 shares of the company’s stock valued at $20,386,000 after acquiring an additional 157,062 shares during the period. NorthRock Partners LLC raised its stake in shares of SPDR S&P 400 Mid Cap Value ETF by 6.2% in the 2nd quarter. NorthRock Partners LLC now owns 1,427,030 shares of the company’s stock valued at $135,354,000 after acquiring an additional 83,282 shares during the period. Cetera Investment Advisers lifted its holdings in shares of SPDR S&P 400 Mid Cap Value ETF by 7.5% in the 1st quarter. Cetera Investment Advisers now owns 410,049 shares of the company’s stock worth $34,916,000 after acquiring an additional 28,763 shares during the last quarter. Finally, Citadel Advisors LLC acquired a new position in shares of SPDR S&P 400 Mid Cap Value ETF in the 2nd quarter worth approximately $2,444,000.

SPDR S&P 400 Mid Cap Value ETF Price Performance

Shares of NYSEARCA:MDYV traded up $0.50 during mid-day trading on Thursday, reaching $89.01. 36,801 shares of the company were exchanged, compared to its average volume of 84,345. SPDR S&P 400 Mid Cap Value ETF has a 1 year low of $79.64 and a 1 year high of $97.58. The firm’s 50-day simple moving average is $94.16 and its 200 day simple moving average is $91.85. The firm has a market cap of $2.68 billion, a price-to-earnings 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.