Trueblood Wealth Management LLC Grows Position in SPDR S&P 400 Mid Cap Value ETF (NYSEARCA:MDYV)

Trueblood Wealth Management LLC grew its position in SPDR S&P 400 Mid Cap Value ETF (NYSEARCA:MDYV) by 38.5% during the third quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 4,841 shares of the company’s stock after acquiring an additional 1,345 shares during the quarter. Trueblood Wealth Management LLC’s holdings in SPDR S&P 400 Mid Cap Value ETF were worth $385,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other hedge funds have also modified their holdings of the company. Evermay Wealth Management LLC bought a new stake in SPDR S&P 400 Mid Cap Value ETF in the first quarter worth $35,000. PSI Advisors LLC raised its position in shares of SPDR S&P 400 Mid Cap Value ETF by 35.5% during the 2nd quarter. PSI Advisors LLC now owns 584 shares of the company’s stock valued at $43,000 after buying an additional 153 shares in the last quarter. Gradient Investments LLC lifted its holdings in shares of SPDR S&P 400 Mid Cap Value ETF by 1,259.7% in the 2nd quarter. Gradient Investments LLC now owns 1,047 shares of the company’s stock valued at $76,000 after acquiring an additional 970 shares during the last quarter. Cullen Frost Bankers Inc. purchased a new position in SPDR S&P 400 Mid Cap Value ETF in the second quarter worth about $80,000. Finally, International Assets Investment Management LLC bought a new stake in SPDR S&P 400 Mid Cap Value ETF during the second quarter worth approximately $180,000.

SPDR S&P 400 Mid Cap Value ETF Price Performance

NYSEARCA:MDYV opened at $79.50 on Friday. The firm has a market capitalization of $2.67 billion, a price-to-earnings ratio of 14.55 and a beta of 1.11. The business has a 50 day simple moving average of $78.57 and a 200-day simple moving average of $75.54. SPDR S&P 400 Mid Cap Value ETF has a 1 year low of $59.67 and a 1 year high of $81.94.

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.