MDYV Stock Summary and Trading Ideas (SPDR S&P 400 Mid Cap Value ETF (Based On S&P Midcap 400 Value Index--Symbol: Mgd | ARCA:MDYV)

The SPDR S&P 400 Mid Cap Value ETF before expenses seeks to closely match the returns and characteristics of the S&P Mid Cap 400 Value Index (ticker: SPTRMV). Our approach is designed to provide portfolios with low portfolio turnover accurate tracking and lower costs.

SPDR S&P 400 Mid Cap Value ETF (Based On S&P Midcap 400 Value Index--Symbol: Mgd trades on the ARCA stock market under the symbol MDYV.

As of May 8, 2024, MDYV stock price declined to $73.96 with 15,773 million shares trading.

MDYV has a beta of 1.10, meaning it tends to be more sensitive to market movements. MDYV has a correlation of 0.64 to the broad based SPY ETF.

MDYV has a market cap of $2.48 billion. This is considered a Mid Cap stock.

In the last 3 years, MDYV stock traded as high as $76.26 and as low as $57.63.

MDYV stock has underperformed the market in the last year with a return of +16.7%, while SPY returned +26.9%. This shows that you would have done better investing in the overall market (through SPY) over the last year than in MDYV shares. However, MDYV has outperformed the market in the last 3 month and 2 week periods, returning +5.0% and +2.3%, while SPY returned +4.1% and +2.2%, respectively. This indicates MDYV has been having a stronger performance recently.

MDYV support price is $73.29 and resistance is $74.95 (based on 1 day standard deviation move). This means that using the most recent 20 day stock volatility and applying a one standard deviation move around the stock's closing price, stastically there is a 67% probability that MDYV stock will trade within this expected range on the day.