Courier Capital LLC Boosts Stake in SPDR Portfolio S&P 500 Value ETF (NYSEARCA:SPYV)

Courier Capital LLC grew its position in shares of SPDR Portfolio S&P 500 Value ETF (NYSEARCA:SPYV) by 6.6% during the third quarter, according to its most recent filing with the SEC. The firm owned 387,260 shares of the company’s stock after acquiring an additional 24,097 shares during the period. SPDR Portfolio S&P 500 Value ETF comprises about 1.4% of Courier Capital LLC’s holdings, making the stock its 14th largest holding. Courier Capital LLC owned about 0.09% of SPDR Portfolio S&P 500 Value ETF worth $20,471,000 at the end of the most recent reporting period.

Other hedge funds have also recently made changes to their positions in the company. Crewe Advisors LLC bought a new stake in shares of SPDR Portfolio S&P 500 Value ETF in the 1st quarter worth approximately $29,000. Kayne Anderson Rudnick Investment Management LLC boosted its position in shares of 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 worth $28,000 after purchasing an additional 404 shares in the last quarter. Olistico Wealth LLC bought a new position in SPDR Portfolio S&P 500 Value ETF in the 2nd quarter valued at approximately $30,000. ORG Wealth Partners LLC bought a new position in SPDR Portfolio S&P 500 Value ETF in the 3rd quarter valued at approximately $33,000. Finally, EdgeRock Capital LLC bought a new position in SPDR Portfolio S&P 500 Value ETF in the 2nd quarter valued at approximately $30,000.

SPDR Portfolio S&P 500 Value ETF Trading Down 0.2 %

SPYV stock traded down $0.08 during midday trading on Wednesday, hitting $53.18. The company’s stock had a trading volume of 549,944 shares, compared to its average volume of 2,559,945. The company has a market cap of $23.05 billion, a PE ratio of 24.09 and a beta of 0.81. SPDR Portfolio S&P 500 Value ETF has a 12 month low of $39.51 and a 12 month high of $53.93. The firm’s 50-day moving average is $52.29 and its 200-day moving average is $50.27.

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.