Texas Yale Capital Corp. Buys 2,525 Shares of SPDR S&P 400 Mid Cap Value ETF $MDYV

Texas Yale Capital Corp. raised its stake in shares of SPDR S&P 400 Mid Cap Value ETF (NYSEARCA:MDYV) by 38.4% in the second quarter, Holdings Channel reports. The institutional investor owned 9,100 shares of the company’s stock after buying an additional 2,525 shares during the quarter. Texas Yale Capital Corp.’s holdings in SPDR S&P 400 Mid Cap Value ETF were worth $723,000 at the end of the most recent reporting period.

Several other hedge funds also recently bought and sold shares of the company. MJT & Associates Financial Advisory Group Inc. purchased a new stake in SPDR S&P 400 Mid Cap Value ETF in the 1st quarter worth approximately $38,000. Compass Financial Services Inc bought a new position in shares of SPDR S&P 400 Mid Cap Value ETF in the first quarter worth $63,000. Nova Wealth Management Inc. raised its position in shares of SPDR S&P 400 Mid Cap Value ETF by 488.7% in the second quarter. Nova Wealth Management Inc. now owns 989 shares of the company’s stock worth $79,000 after buying an additional 821 shares in the last quarter. Smartleaf Asset Management LLC boosted its stake in SPDR S&P 400 Mid Cap Value ETF by 3,903.8% during the first quarter. Smartleaf Asset Management LLC now owns 1,041 shares of the company’s stock valued at $80,000 after buying an additional 1,015 shares during the period. Finally, Kestra Private Wealth Services LLC bought a new position in SPDR S&P 400 Mid Cap Value ETF in the 1st quarter worth about $205,000.

SPDR S&P 400 Mid Cap Value ETF Stock Up 1.2%

NYSEARCA:MDYV opened at $82.45 on Friday. The stock has a market cap of $2.36 billion, a P/E ratio of 15.85 and a beta of 1.05. The business’s 50-day moving average price is $83.36 and its two-hundred day moving average price is $80.61. SPDR S&P 400 Mid Cap Value ETF has a twelve month low of $65.86 and a twelve month high of $87.81.

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.