Modera Wealth Management LLC Acquires 37,585 Shares of SPDR S&P 400 Mid Cap Value ETF $MDYV

Modera Wealth Management LLC purchased a new stake in SPDR S&P 400 Mid Cap Value ETF (NYSEARCA:MDYV) in the third quarter, Holdings Channel reports. The institutional investor purchased 37,585 shares of the company’s stock, valued at approximately $3,327,000.

Several other large investors have also modified their holdings of the stock. Farther Finance Advisors LLC acquired a new position in shares of SPDR S&P 400 Mid Cap Value ETF in the 3rd quarter valued at $8,569,000. FAS Wealth Partners Inc. grew its holdings in shares of SPDR S&P 400 Mid Cap Value ETF by 2.4% during the first quarter. FAS Wealth Partners Inc. now owns 625,208 shares of the company’s stock valued at $53,236,000 after buying an additional 14,368 shares in the last quarter. Global Assets Advisory LLC acquired a new position in SPDR S&P 400 Mid Cap Value ETF during the first quarter valued at $725,000. NorthRock Partners LLC raised its position in SPDR S&P 400 Mid Cap Value ETF by 6.2% during the second quarter. NorthRock Partners LLC now owns 1,427,030 shares of the company’s stock valued at $135,354,000 after buying an additional 83,282 shares during the period. Finally, Marotta Asset Management acquired a new position in shares of SPDR S&P 400 Mid Cap Value ETF in the 3rd quarter valued at about $3,415,000.

SPDR S&P 400 Mid Cap Value ETF Stock Down 0.4%

MDYV stock opened at $93.45 on Friday. 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 company has a 50 day moving average of $92.07 and a two-hundred day moving average of $91.30. The company has a market cap of $2.80 billion, a price-to-earnings ratio of 15.85 and a beta of 0.97.

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.