Riversedge Advisors LLC increased its holdings in SPDR Portfolio S&P 500 Value ETF (NYSEARCA:SPYV – Free Report) by 1.1% in the third quarter, HoldingsChannel.com reports. The fund owned 540,478 shares of the company’s stock after acquiring an additional 5,957 shares during the period. SPDR Portfolio S&P 500 Value ETF comprises about 6.5% of Riversedge Advisors LLC’s portfolio, making the stock its 4th largest holding. Riversedge Advisors LLC’s holdings in SPDR Portfolio S&P 500 Value ETF were worth $28,570,000 at the end of the most recent quarter.
Several other large investors have also added to or reduced their stakes in SPYV. Opal Wealth Advisors LLC grew its holdings in shares of SPDR Portfolio S&P 500 Value ETF by 14.1% during the 1st quarter. Opal Wealth Advisors LLC now owns 38,724 shares of the company’s stock worth $1,940,000 after acquiring an additional 4,785 shares during the period. WealthPLAN Partners LLC raised its holdings in SPDR Portfolio S&P 500 Value ETF by 3.4% in the first quarter. WealthPLAN Partners LLC now owns 14,215 shares of the company’s stock worth $712,000 after purchasing an additional 470 shares in the last quarter. Williams Financial LLC lifted its position in SPDR Portfolio S&P 500 Value ETF by 6,166.3% during the second quarter. Williams Financial LLC now owns 42,988,918 shares of the company’s stock valued at $2,101,241,000 after buying an additional 42,302,888 shares during the period. Lynch & Associates IN boosted its holdings in shares of SPDR Portfolio S&P 500 Value ETF by 3.7% during the 2nd quarter. Lynch & Associates IN now owns 139,809 shares of the company’s stock valued at $6,814,000 after buying an additional 5,030 shares in the last quarter. Finally, ORG Wealth Partners LLC purchased a new stake in shares of SPDR Portfolio S&P 500 Value ETF in the 3rd quarter worth about $33,000.
SPDR Portfolio S&P 500 Value ETF Price Performance
NYSEARCA SPYV traded down $0.06 during trading hours on Thursday, reaching $53.77. 656,479 shares of the company’s stock traded hands, compared to its average volume of 2,571,660. SPDR Portfolio S&P 500 Value ETF has a 52-week low of $39.51 and a 52-week high of $53.89. The firm has a 50-day simple moving average of $51.99 and a 200 day simple moving average of $50.14. The firm has a market cap of $23.30 billion, a PE ratio of 24.09 and a beta of 0.81.
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.
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