Insight Advisors LLC PA Makes New Investment in SPDR S&P 400 Mid Cap Value ETF $MDYV

Insight Advisors LLC PA purchased a new position in SPDR S&P 400 Mid Cap Value ETF (NYSEARCA:MDYV) in the 3rd quarter, HoldingsChannel.com reports. The fund purchased 7,320 shares of the company’s stock, valued at approximately $648,000.

Several other institutional investors and hedge funds also recently added to or reduced their stakes in MDYV. First Pacific Financial acquired a new position in SPDR S&P 400 Mid Cap Value ETF during the third quarter worth $32,359,000. Canandaigua National Bank & Trust Co. purchased a new position in SPDR S&P 400 Mid Cap Value ETF during the second quarter valued at $33,639,000. Rodgers & Associates LTD acquired a new stake in shares of SPDR S&P 400 Mid Cap Value ETF in the third quarter valued at about $19,158,000. Marathon Mission Inc. acquired a new stake in shares of SPDR S&P 400 Mid Cap Value ETF in the third quarter valued at about $11,173,000. Finally, Farther Finance Advisors LLC acquired a new stake in shares of SPDR S&P 400 Mid Cap Value ETF in the third quarter valued at about $8,569,000.

SPDR S&P 400 Mid Cap Value ETF Stock Up 0.6%

MDYV stock opened at $92.46 on Friday. The stock has a market capitalization of $2.78 billion, a P/E ratio of 15.85 and a beta of 0.97. The firm has a 50-day simple moving average of $92.45 and a 200-day simple moving average of $92.53. SPDR S&P 400 Mid Cap Value ETF has a 52 week low of $79.64 and a 52 week high of $97.58.

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.