Courage Miller Partners LLC Makes New Investment in SPDR S&P 400 Mid Cap Value ETF $MDYV

Courage Miller Partners LLC acquired a new stake in shares of SPDR S&P 400 Mid Cap Value ETF (NYSEARCA:MDYV) in the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm acquired 30,830 shares of the company’s stock, valued at approximately $2,729,000. SPDR S&P 400 Mid Cap Value ETF accounts for about 0.7% of Courage Miller Partners LLC’s holdings, making the stock its 23rd biggest position.

Other hedge funds have also recently modified their holdings of the company. Crescent Grove Advisors LLC bought a new position in shares of SPDR S&P 400 Mid Cap Value ETF in the 3rd quarter worth about $499,000. Diligent Investors LLC purchased a new position in SPDR S&P 400 Mid Cap Value ETF during the 3rd quarter valued at about $5,527,000. Fifth Third Securities Inc. purchased a new stake in SPDR S&P 400 Mid Cap Value ETF in the third quarter worth about $586,000. Sowell Financial Services LLC bought a new position in shares of SPDR S&P 400 Mid Cap Value ETF during the third quarter valued at approximately $203,000. Finally, Rodgers & Associates LTD bought a new position in shares of SPDR S&P 400 Mid Cap Value ETF during the third quarter valued at approximately $19,158,000.

SPDR S&P 400 Mid Cap Value ETF Stock Performance

MDYV stock opened at $91.89 on Thursday. The firm has a 50 day moving average price of $92.54 and a 200-day moving average price of $92.49. SPDR S&P 400 Mid Cap Value ETF has a 52-week low of $79.64 and a 52-week high of $97.58. The firm has a market capitalization of $2.78 billion, a price-to-earnings ratio of 15.85 and a beta of 0.97.

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.