SPDR Portfolio S&P 500 Value ETF (NYSEARCA:SPYV) Shares Purchased by GenWealth Group Inc.

GenWealth Group Inc. boosted its stake in SPDR Portfolio S&P 500 Value ETF (NYSEARCA:SPYV) by 1.5% in the 3rd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 180,122 shares of the company’s stock after purchasing an additional 2,624 shares during the period. SPDR Portfolio S&P 500 Value ETF makes up about 2.2% of GenWealth Group Inc.’s investment portfolio, making the stock its 16th biggest holding. GenWealth Group Inc.’s holdings in SPDR Portfolio S&P 500 Value ETF were worth $9,521,000 as of its most recent filing with the Securities and Exchange Commission.

Other large investors have also recently added to or reduced their stakes in the company. Kayne Anderson Rudnick Investment Management LLC increased its holdings in SPDR Portfolio S&P 500 Value ETF by 227.0% in the 2nd quarter. Kayne Anderson Rudnick Investment Management LLC now owns 582 shares of the company’s stock valued at $28,000 after purchasing an additional 404 shares in the last quarter. Crewe Advisors LLC acquired a new stake in SPDR Portfolio S&P 500 Value ETF in the 1st quarter valued at $29,000. Olistico Wealth LLC purchased a new position in SPDR Portfolio S&P 500 Value ETF in the 2nd quarter valued at about $30,000. EdgeRock Capital LLC purchased a new position in SPDR Portfolio S&P 500 Value ETF in the 2nd quarter valued at about $30,000. Finally, ORG Wealth Partners LLC purchased a new position in SPDR Portfolio S&P 500 Value ETF in the 3rd quarter valued at about $33,000.

SPDR Portfolio S&P 500 Value ETF Price Performance

NYSEARCA:SPYV opened at $53.55 on Tuesday. The firm has a 50-day moving average of $51.81 and a two-hundred day moving average of $50.09. The stock has a market cap of $23.21 billion, a P/E ratio of 24.09 and a beta of 0.81. SPDR Portfolio S&P 500 Value ETF has a 1-year low of $39.51 and a 1-year high of $53.60.

About SPDR Portfolio S&P 500 Value ETF

SPDR S&P 500 Value ETF (the Fund), formerly SPDR Dow Jones Large Cap Value ETF, seeks to closely match the returns and characteristics of the S&P 500 Value Index. The S&P 500 Value Index measures the performance of the large-capitalization value sector in the United States equity market. The Index consists of those stocks in the S&P 500 Index exhibiting the strongest value characteristics based on book value to price ratio; earnings to price ratio, and sales to price ratio.