MDLV Morgan Dempsey Large Cap Value ETF

ETF

ETF quote, holdings, sector allocation, technicals, and options analytics. Fibonacci levels

Market data may be delayed, incomplete, or inaccurate. Not a recommendation to buy, sell, or hold any security. Verify quotes with your broker before trading. See Terms §17.

MDLV — —
Key stats
About

Morgan Dempsey Large Cap Value ETF (MDLV) ETF

No description available.

Exchange
BATS
Inception
2023-04-25
Has Options
No
Fund profile
holdings as of Jun 30, 2026SEC filingthrough Jun 2026flows, SEC filings
US Equity Large Cap Value#49 of 60 by assets Morgan US Actively managed
Expense ratio
0.58%
prospectus, filed May 14, 2026
Assets
$41M
SEC filing, Jun 30, 2026
Trailing yield
2.61%
paid quarterly
Average daily volume
$334K
30 sessions
Holdings
36
top 10 are 36.0%
Listed
Apr 25, 2023
Cboe BZX
Last fee change
-8 bp
filed May 14, 2026
Closure risk, 12 months
3.4%
low: trading volume, size of the sponsor's line-up · model
FrenzyCap ETF score
32
how it is built
Cost31
Liquidity18
Scale23
Diversification63

Moves with. Value over growth (38% of its variance, beta 0.59); US large-cap stocks (22% of its variance, beta 0.60). These factors explain 65% of its daily moves over the last year.

Stated objective. The Morgan Dempsey Large Cap Value ETF (the Fund) seeks to provide a high level of current income and long-term capital appreciation. (from the fund's prospectus)

All 36 holdingsFlow historySimilar fundsOverlap toolAll Large Cap Value ETFs

Fund flows
through Jun 2026SEC filings
Jun 2026
+$1.2M
latest reported month
Latest 3 months
+$2.5M
+6.1% of assets
Latest 12 months
+$10M
+25.3% of assets
Jul 2025: +$3.3M+$3.3MAug 2025: +$1.6MAugSep 2025: +$564KOct 2025: $0OctNov 2025: +$1.1MDec 2025: $0DecJan 2026: +$283KFeb 2026: +$931KFebMar 2026: $0Apr 2026: $0AprMay 2026: +$1.2MJun 2026: +$1.2MJun
View as a table
Net flows of MDLV by month, Jul 2025 to Jun 2026
MonthNet flow
Jun 2026+$1.2M
May 2026+$1.2M
Apr 2026$0
Mar 2026$0
Feb 2026+$931K
Jan 2026+$283K
Dec 2025$0
Nov 2025+$1.1M
Oct 2025$0
Sep 2025+$564K
Aug 2025+$1.6M
Jul 2025+$3.3M

Net creations and redemptions from the fund's SEC filings, which become public about 60 days after each quarter. Every month since 39 months ago

Similar funds
FundOverlapFeeAssets1Y
DURAVanEck Durable High Dividend ETF29%0.30%$38M+17.4%compare
DVNDTouchstone Dividend Select ETF28%0.50%$53M+12.9%compare
MGVVanguard Morningstar Mega Cap Value ETF27%0.05%$13.9B+20.3%compare
LVHDFranklin U.S. Low Volatility High Dividend Index ETF27%0.27%$618M+5.8%compare
TBGTBG Dividend Focus ETF26%0.45%$230M+13.7%compare

Ranked by how much of the two portfolios is the same securities.

Look-through: what the holdings say
weights as of Jun 30, 2026SEC filing
Holdings vs fair value
+6.9%
39% under, 23% over · 98% covered
Price / earnings
19.2
0% loss-making · 92% covered
Price / book · sales
2.6 · 2.2
revenue growth +6.1%
Above 200-day average
47%
55% above 50-day · by weight
Short interest
2.2%
of float, weighted · 3.9 days to cover
Insider buying
2%
of weight had net insider buying, 90 days; 52% net selling
13F holders
+3.8%
change in shares held by institutions, latest quarter
Reporting earnings
25.0%
of weight in 7 days; 62.2% in 14
Largest contributors below fair value
OKE+50%CMI+27%GD+32%UPS+37%VOYA+36%
Largest contributors above fair value
ETR−16%MCD−17%SBUX−26%PM−14%WEC−10%

Each figure is the fund's holdings weighted by position size, using our data on those stocks, and covers only the share of the stock holdings stated. Positive fair value means the holdings trade below our estimate.

What changed in the portfolio
Mar 31, 2026 → Jun 30, 2026
ActionHoldingWeight beforeWeight afterShares vs flows
ExitMAINMain Street Capital Corp1.78%——
New positionTXNTexas Instruments Inc—1.66%—
ExitGISGeneral Mills Inc1.09%——
IncreaseVOYAVoya Financial Inc1.29%2.36%+41.0%
IncreaseIBMInternational Business Machines Corp2.35%3.30%+23.5%
IncreaseUNPUnion Pacific Corp1.51%2.16%+30.6%
IncreasePEPPepsiCo Inc1.51%2.13%+65.7%
IncreaseBILState Street SPDR Bloomberg 1-3 Month T-Bill ETF2.36%2.91%+26.1%
DecreasePRUPrudential Financial Inc2.06%1.63%−26.9%
DecreaseCMICummins Inc3.40%3.74%−15.3%

1 new, 2 exited, 7 increased and 3 decreased between the fund's two latest holdings reports; turnover 8.4%. Full holdings and history

Under the hood
fiscal year to Mar 31, 2026SEC census
Authorized participants
4 active
of 4 with agreements; top 3 did 97%
Created · redeemed
$16M · $4.5M
over the fiscal year
Redemptions in kind
95%
creations 95% in kind
Creation unit
10,000
shares
Securities lending
0.16%
of assets on loan on average; earned 0.4 bp

From the fund's annual census filing with the SEC. In-kind redemptions are what let an ETF shed appreciated securities without realising gains.

ETF Profile
holdings as of 2026-06-30
Holdings
36
AUM
$40.8M
Provider
Nport
Inception
2023-04-25
Exchange
BATS
Data As Of
2026-06-30
Expense Ratio
0.58%
Dividend Yield
2.61%
Distribution
Quarterly
Recent distributions
Ex-Date Pay Date Amount Type
2026-09-28 2026-09-30 $0.1882 CD
2026-06-29 2026-06-30 $0.1778 CD
2026-03-30 2026-03-31 $0.2440 CD
2025-12-23 2025-12-24 $0.2054 CD
2025-09-29 2025-09-30 $0.2216 CD
2025-06-27 2025-06-30 $0.1976 CD
Asset Allocation
Top Holdings
top 36 of 36 holdings
Symbol Name Weight % Asset Class Country
— First American Government Obligations Fund 5.79% Short-term investment US
C Citigroup Inc 5.06% Equity (common) US
CSCO Cisco Systems Inc 3.82% Equity (common) US
ETR Entergy Corp 3.81% Equity (common) US
XOM Exxon Mobil Corp 3.79% Equity (common) US
CMI Cummins Inc 3.74% Equity (common) US
IBM International Business Machines Corp 3.30% Equity (common) US
JNJ Johnson & Johnson 3.29% Equity (common) US
WEC WEC Energy Group Inc 3.28% Equity (common) US
PBA Pembina Pipeline Corp 3.01% Equity (common) CA
KO Coca-Cola Co/The 2.94% Equity (common) US
BIL State Street SPDR Bloomberg 1-3 Month T-Bill ETF 2.91% Equity (common) US
CVX Chevron Corp 2.87% Equity (common) US
GD General Dynamics Corp 2.83% Equity (common) US
OKE ONEOK Inc 2.73% Equity (common) US
T AT&T Inc 2.73% Equity (common) US
LMT Lockheed Martin Corp 2.70% Equity (common) US
WFC Wells Fargo & Co 2.70% Equity (common) US
PM Philip Morris International Inc 2.50% Equity (common) US
MRK Merck & Co Inc 2.41% Equity (common) US
MCD McDonald's Corp 2.41% Equity (common) US
VOYA Voya Financial Inc 2.36% Equity (common) US
ES Eversource Energy 2.35% Equity (common) US
UPS United Parcel Service Inc 2.30% Equity (common) US
DUK Duke Energy Corp 2.30% Equity (common) US
CME CME Group Inc 2.30% Equity (common) US
VZ Verizon Communications Inc 2.28% Equity (common) US
SO Southern Co/The 2.21% Equity (common) US
RIO Rio Tinto PLC 2.20% Equity (common) GB
UNP Union Pacific Corp 2.16% Equity (common) US
PEP PepsiCo Inc 2.13% Equity (common) US
— Medtronic PLC 2.13% Equity (common) IE
— Crown Castle Inc 1.70% Other US
TXN Texas Instruments Inc 1.66% Equity (common) US
PRU Prudential Financial Inc 1.63% Equity (common) US
SBUX Starbucks Corp 1.57% Equity (common) US
Geographic Breakdown
Non-Equity Breakdown
Morgan Dempsey Large Cap Value ETF · NPORT-P period 2026-06-30 (filed 2026-08-26)
Net assets: $41M · 36 total positions · equity 92.41% · non-equity 7.49%
Non-equity holdings — 2 positions, 7.49% of NAV
Category Weight Value Positions
Short-term investment 5.79% $2.4M 1
RE 1.70% $694368 1
Chart
Seasonality
'23'24'25'26Avg
Jan--0.33%2.88%5.57%2.93%
Feb---0.47%4.77%2.91%2.40%
Mar--4.09%-1.73%-3.32%-0.32%
Apr1.46%-2.11%-3.68%2.38%-0.49%
May-6.38%1.90%1.94%0.60%-0.48%
Jun2.28%-1.20%1.67%-0.17%0.64%
Jul1.13%5.29%-0.29%2.43%2.14%
Aug-0.86%2.83%3.08%1.17%1.55%
Sep-4.42%2.06%1.26%-5.73%-1.71%
Oct-1.03%-1.62%-0.75%5.37%*0.49%
Nov4.67%2.85%3.52%--3.68%
Dec1.39%-5.74%0.44%---1.30%
Total-2.22%7.96%13.57%11.17%7.62%
* Only 4 year(s) of data available.
Technical Indicators

Quick-reference for reading the values below. Indicators combine to confirm a view — no single one is a trade signal on its own.

Trend Indicators
  • SMA 20 / 50 / 200 — price above = uptrend, below = downtrend. SMA 50 crossing SMA 200 is the golden/death cross.
  • EMA 12 / 26 — faster-reacting averages; 12 above 26 is short-term bullish.
  • MACD — bullish when MACD > signal (green badge), bearish when below. Divergence from price often precedes reversals.
  • ADX (14) — trend strength regardless of direction. <20 range, 20–25 weak trend, 25–50 trend, >50 strong trend.
  • +DI / −DI — +DI > −DI favors bulls; the reverse favors bears. Read alongside ADX.
Momentum Oscillators
  • RSI (14) — <30 oversold, >70 overbought. 40–60 is neutral; trending names can stay extreme.
  • Stochastic %K / %D — <20 oversold, >80 overbought. %K crossing %D is an early momentum signal.
  • Williams %R — inverted scale: <−80 oversold, >−20 overbought.

Oscillators work best in range-bound markets; in strong trends they give premature reversal signals.

Volume & Volatility
  • Bollinger Bands — price at upper band = overbought, lower = oversold. Narrow bands (squeeze) often precede expansion.
  • OBV — cumulative volume; rising OBV confirms uptrend, falling OBV confirms downtrend. Divergence from price is a warning.
  • Vol SMA 20 / Vol ROC — today's volume vs. 20-day average. Positive ROC with price move = conviction.
  • ATR / True Range — average daily $ move; sizing and stop-loss reference.
  • HV 20 / 30 / 60 — realized (historical) volatility. Compare to IV on the options cards: IV > HV = rich premium.

Confluence matters: trend + momentum + volume agreeing carries far more weight than any single indicator. For how these feed the spread scanner score, see the algorithm docs →

Trend Indicators

SMA 20: $30.57
SMA 50: $31.21
SMA 200: $30.79
Current: $31.55
EMA 12: $30.97
EMA 26: $30.90
MACD: 0.0711 | Signal: 0.1583
BEARISH
ADX (14): 26.92
TREND
+DI: 51.44
−DI: 29.37

Momentum Oscillators

RSI (14): 65.25
NEUTRAL
Stoch %K: 99.38
Stoch %D: 95.63
Williams %R: -0.22

Volume & Volatility

BB Upper: $31.52
BB Lower: $29.62
OVERBOUGHT
OBV: 789,284
Vol SMA 20: 14,144
Vol ROC: 4.68%
ATR: $0.19
True Range: $0.34
HV 20: 10.3%
HV 30: 10.1%
HV 60: 8.0%

Data Summary

Data Points: 500
Last Updated:
Date Range: 2024-10-23T00:00:00 – 2026-10-21T00:00:00
AI Analysis

Click Frenzy-Pro™ for an AI analysis of this ticker.

Analysis includes technical indicators, news sentiment, risk assessment, and specific price levels to watch.

News
All MDLV news →

MDLV Options Activity & IV Rank

Loading options activity...
Spread Scanner GPU
Full Algorithm Docs ↗

Each spread is ranked by a composite score built in three stages. Full documentation →

Stage 1 — Base Score (GPU scanner)

score = P(profit) × (credit / spread_width)
P(profit) from short leg delta (1 − |delta|), penalised above 85%. Credit uses mid-price to handle illiquid chains fairly.

Stage 2 — Skew Adjustment (±25% cap)

RR and BF (30-delta) from the persisted per-symbol skew snapshot — wing strikes picked by real greeks.delta, not a moneyness proxy. Put skew boosts bull puts, penalises bear calls. High butterfly boosts iron condors. Calendars are skew-neutral.

Stage 3 — Technical Overlay (±50% cap, 5 groups)
Group 1 · Directional Bias (±0.25)
  • RSI <40 bullish / >60 bearish
  • MACD crossover + histogram trend
  • Price vs SMA 50 & SMA 200
Group 2 · Momentum (±0.10)
  • Stochastic %K <20 / >80
  • Williams %R <−80 / >−20
Group 3 · Volatility (up to −0.25 / +0.15)
  • Blended ATR + straddle expected-move penalty
  • Bollinger Band signal (+ counter-trend penalty)
  • BB width — vol contraction boost for ICs
Group 4 · IV Regime (±0.15)
  • IV rank ≥ 75 → strong boost for credit spreads
  • IV rank < 25 → penalty (selling cheap vol)
Group 5 · Liquidity (penalty up to −0.10)
  • Min open interest across all legs
  • OI < 100 → −0.10 · OI < 500 → −0.05

score = base_score × skew_multiplier × tech_multiplier
Both multipliers are shown per spread. Beta is informational only — ATR already captures realized vol. Full algorithm documentation →

Enter a ticker to scan for optimal spread opportunities.

Evaluates all bull put, bear call, iron condor, and calendar spread combinations using GPU-accelerated analysis.

Skew (Wing IV − ATM IV)
DTE:
Wing Δ:
Metric:
Wing vs ATM
IV(put wing) − IV(ATM), in vol points

How much the OTM put trades above (or below) the at-the-money strike. Measures the height of the put-side tail relative to ATM — i.e. how expensive crash insurance is on this name.

  • Positive (typical) — wing IV > ATM IV. Standard equity put skew: portfolios bid up crash protection, so OTM puts trade richer than ATM.
  • Near zero or negative (unusual) — wing IV ≤ ATM IV. Flat or inverted put side. Common when there's no fear demand, in tightly mean-reverting names, or right after an earnings catalyst clears.
  • Percentile vs own 3-yr history: high = wings rich (good time to sell wing premium); low = wings cheap (good time to buy protection).
  • Not directional — high or low wings don't predict up or down moves. It's a price tag on tail insurance, not a forecast.
Risk Reversal
IV(call wing) − IV(put wing), equal delta on each side

Which side of the smile is the market paying up for? Measures the tilt of the surface — call skew vs put skew at matched deltas.

  • Negative (typical) — puts richer than calls. Standard equity behavior: hedging demand makes puts carry a premium. Most large-caps sit in the −1 to −5 vol-point range.
  • Strongly negative (< −5 pts) — heavy downside hedging, elevated fear, or an upcoming catalyst (earnings, FDA, macro event). Worth flagging.
  • Positive — calls richer than puts. Unusual for equities; signals bullish momentum, short-squeeze positioning, or takeover/M&A speculation.
  • Near zero — symmetric surface. Market sees roughly equal up/down risk. Rare for large-caps; more common in commodities and FX.
Reading them together

Wing-vs-ATM tells you how expensive the tails are. Risk Reversal tells you which side is favored. Combined:

  • High wing percentile + deeply negative RR → strong put bid; stress or major event priced in. Owning protection costs a premium; selling put premium is dangerous.
  • Low wing percentile + near-zero RR → complacency; insurance cheap and balanced. Good environment to add cheap downside hedges.
  • Positive RR + elevated wings → call-side fear-of-missing-out; common in squeeze setups. Upside calls expensive, downside puts not bid.
14 DTE / 10d —
— pts EXTREME
ATM — / Wing —
30 DTE / 10d —
— pts EXTREME
ATM — / Wing —

Percentile is the rank of today's reading within ~3 years of this symbol's own history. High percentile = wings are rich relative to history; not a directional signal. Skew is read off the chain in real time, not from CBOE SKEW.

Volatility Surface

Enter a ticker to render the implied volatility surface.

Volatility Smile

Enter a ticker to render the implied volatility smile.

IV Rank (7 DTE)
IV Rank (30 DTE)
Straddle Price (30 DTE)
Beta Analysis

Risk Metrics

Beta: 0.1783
Alpha: 10.19%
Correlation: 0.2413
R-Squared: 5.8%
Stock Volatility: 9.4%
Market Volatility: 12.8%

Analysis Details

Benchmark: SPY
Data Points: 251
Period: 252 trading days
Interpretation:
Low volatility - stock moves less than market
Beta & Alpha Over Time

MDLV Institutional Ownership (13F)

Latest filings — 2026-09-30

Institutional managers with $100M+ AUM file Form 13F-HR quarterly, due 45 days after quarter end. Holdings are reported gross at quarter-end market value — they are a snapshot, not a real-time position.

  • Shares — long equity positions in this name, aggregated across share classes.
  • Calls / Puts — notional value of long call / put exposure where this ticker is the underlying.
  • % of Float — holder's reported shares divided by the latest diluted shares outstanding. Sums above 100% indicate large custodian / prime broker positions where the same shares are reported by multiple filers.
  • Custodian badge — filers with more than 5,000 holdings are typically broker-dealers / custodians reporting customer-held shares, not active managers.

Each filer is counted once at its latest 13F-HR filing. New filings are ingested on a weekly cadence.

9 filers1,209,040 shares$37.05M value
# Filer Shares Value % of Total % of Float Period
1 Envestnet Asset Management, Inc. 573,565 $17.61M 47.53% — 2026-06-30
2 Beacon Pointe Advisors, LLC 489,664 $15.04M 40.58% — 2026-06-30
3 DIVERSIFIED MANAGEMENT INC 100,481 $3.01M 8.12% — 2026-09-30
4 MORGAN DEMPSEY CAPITAL MANAGEMENT LLC 18,021 $553.39K 1.49% — 2026-06-30
5 Goldman Sachs Group Inc Custodian 7,953 $244.22K 0.66% — 2026-06-30
6 GTS SECURITIES LLC 7,685 $235.99K 0.64% — 2026-06-30
7 JPMorgan Chase & Co Custodian 5,454 $168.58K 0.46% — 2026-06-30
8 EP Wealth Advisors, LLC 5,213 $160.08K 0.43% — 2026-06-30
9 UBS Group AG Custodian 1,004 $30.83K 0.08% — 2026-06-30
# Filer Notional Value % of Total Period
# Filer Notional Value % of Total Period
MDLV Constituent Performance

Click any bar to view the full quote for that stock.

MDLV Constituents (33 of 33)
Symbol Name Weight % Price 1 Day 1 Week 1 Month
C Citigroup Inc 5.06% $122.4 -1.17%-0.66%-7.34%
CSCO Cisco Systems Inc 3.82% $104.86 -2.24%-4.55%-1.98%
ETR Entergy Corp 3.81% $108.12 +1.92%+4.00%+10.15%
XOM Exxon Mobil Corp 3.79% $177.88 -0.12%+1.83%+9.70%
CMI Cummins Inc 3.74% $517.54 -4.55%-2.85%-0.68%
IBM International Business Machines Corp 3.30% $252.42 +0.38%+7.82%+11.17%
JNJ Johnson & Johnson 3.29% $267.64 +3.82%+5.67%-1.12%
WEC WEC Energy Group Inc 3.28% $112.14 +3.35%+5.75%+11.14%
PBA Pembina Pipeline Corp 3.01% $49.34 -2.62%+2.38%+8.57%
KO Coca-Cola Co/The 2.94% $95.31 +2.83%+3.59%+8.18%
BIL State Street SPDR Bloomberg 1-3 Month T-Bill ETF 2.91% $91.61 +0.01%+0.07%+0.03%
CVX Chevron Corp 2.87% $226.62 -0.07%+3.33%+10.20%
GD General Dynamics Corp 2.83% $350.24 +1.60%+3.92%+4.15%
T AT&T Inc 2.73% $22.73 +3.72%-3.30%-10.71%
OKE ONEOK Inc 2.73% $93.87 +0.81%+3.55%+2.95%
LMT Lockheed Martin Corp 2.70% $588.12 +6.64%+10.42%+12.30%
WFC Wells Fargo & Co 2.70% $83.05 +0.76%+0.36%+1.05%
PM Philip Morris International Inc 2.50% $201.68 +2.14%+0.89%+5.32%
MCD McDonald's Corp 2.41% $252.49 +2.53%+4.12%+6.52%
MRK Merck & Co Inc 2.41% $147.35 -1.69%+1.49%-0.43%
VOYA Voya Financial Inc 2.36% $98.48 +2.22%+3.53%+2.49%
ES Eversource Energy 2.35% $67.77 +3.31%+2.70%+6.22%
DUK Duke Energy Corp 2.30% $125.38 +3.90%+5.47%+10.73%
CME CME Group Inc 2.30% $305.96 +3.44%+5.70%+13.78%
UPS United Parcel Service Inc 2.30% $101.37 +1.81%+3.62%+10.12%
VZ Verizon Communications Inc 2.28% $45.15 +3.65%+1.69%-4.59%
SO Southern Co/The 2.21% $93.75 +3.72%+5.13%+13.11%
RIO Rio Tinto PLC 2.20% $84.01 -3.35%-6.87%-11.07%
UNP Union Pacific Corp 2.16% $298.05 +3.54%+3.24%+8.75%
PEP PepsiCo Inc 2.13% $138.83 +3.07%+8.14%+8.33%
TXN Texas Instruments Inc 1.66% $279.45 -1.83%+0.12%+3.25%
PRU Prudential Financial Inc 1.63% $118.13 +2.88%+1.53%-0.52%
SBUX Starbucks Corp 1.57% $101.9 +2.85%+5.18%+8.81%