Morgan Dempsey Capital Management LLC Has $4.19 Million Holdings in Morgan Dempsey Large Cap Value ETF (NYSEARCA:MDLV)

Morgan Dempsey Capital Management LLC lifted its holdings in Morgan Dempsey Large Cap Value ETF (NYSEARCA:MDLV) by 73.8% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 162,402 shares of the company’s stock after acquiring an additional 68,963 shares during the quarter. Morgan Dempsey Capital Management LLC owned approximately 40.60% of Morgan Dempsey Large Cap Value ETF worth $4,193,000 at the end of the most recent reporting period.

Morgan Dempsey Large Cap Value ETF Price Performance

Shares of MDLV opened at $27.69 on Friday. The business’s 50 day simple moving average is $26.44 and its 200-day simple moving average is $26.79. The company has a market capitalization of $21.60 million, a P/E ratio of 18.94 and a beta of 0.48. Morgan Dempsey Large Cap Value ETF has a one year low of $24.41 and a one year high of $27.69.

Morgan Dempsey Large Cap Value ETF Announces Dividend

The company also recently announced a dividend, which was paid on Tuesday, December 31st. Shareholders of record on Monday, December 30th were paid a $0.1734 dividend. The ex-dividend date of this dividend was Monday, December 30th.

Morgan Dempsey Large Cap Value ETF Profile

The Morgan Dempsey Large Cap Value ETF (MDLV) is an exchange-traded fund that mostly invests in large cap equity. The fund is actively managed to provide exposure to US-listed, large-cap companies believed to be undervalued. Holdings are selected based on fundamental criteria. MDLV was launched on Apr 26, 2023 and is managed by Morgan Dempsey.