Concurrent Investment Advisors LLC Acquires New Stake in SPDR S&P 400 Mid Cap Value ETF $MDYV

Concurrent Investment Advisors LLC bought a new position in SPDR S&P 400 Mid Cap Value ETF (NYSEARCA:MDYV) in the third quarter, Holdings Channel.com reports. The fund bought 5,751 shares of the company’s stock, valued at approximately $480,000.

A number of other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. AQR Capital Management LLC lifted its holdings in shares of SPDR S&P 400 Mid Cap Value ETF by 38.4% in the first quarter. AQR Capital Management LLC now owns 3,563 shares of the company’s stock valued at $275,000 after buying an additional 988 shares during the period. NewEdge Advisors LLC raised its position in SPDR S&P 400 Mid Cap Value ETF by 3.6% in the first quarter. NewEdge Advisors LLC now owns 6,395 shares of the company’s stock worth $493,000 after acquiring an additional 221 shares in the last quarter. Goldman Sachs Group Inc. raised its position in SPDR S&P 400 Mid Cap Value ETF by 7.6% in the first quarter. Goldman Sachs Group Inc. now owns 261,025 shares of the company’s stock worth $20,112,000 after acquiring an additional 18,506 shares in the last quarter. Flagstar Advisors Inc. lifted its holdings in SPDR S&P 400 Mid Cap Value ETF by 23.4% in the 2nd quarter. Flagstar Advisors Inc. now owns 5,117 shares of the company’s stock valued at $406,000 after acquiring an additional 971 shares during the last quarter. Finally, Occidental Asset Management LLC boosted its position in shares of SPDR S&P 400 Mid Cap Value ETF by 5.9% during the 2nd quarter. Occidental Asset Management LLC now owns 33,813 shares of the company’s stock valued at $2,686,000 after purchasing an additional 1,881 shares in the last quarter.

SPDR S&P 400 Mid Cap Value ETF Price Performance

MDYV stock opened at $89.31 on Tuesday. The firm has a market cap of $2.59 billion, a PE ratio of 15.85 and a beta of 1.05. SPDR S&P 400 Mid Cap Value ETF has a 12 month low of $65.86 and a 12 month high of $89.83. The firm has a 50 day simple moving average of $85.31 and a 200 day simple moving average of $83.54.

SPDR S&P 400 Mid Cap Value ETF 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.