Wealth Enhancement Advisory Services LLC grew its position in shares of SPDR Portfolio S&P 500 Value ETF (NYSEARCA:SPYV – Free Report) by 7.6% in the 3rd quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 885,441 shares of the company’s stock after acquiring an additional 62,742 shares during the quarter. Wealth Enhancement Advisory Services LLC owned about 0.20% of SPDR Portfolio S&P 500 Value ETF worth $46,804,000 at the end of the most recent quarter.
Other hedge funds and other institutional investors have also modified their holdings of the company. PFG Investments LLC raised its holdings in SPDR Portfolio S&P 500 Value ETF by 32.6% in the third quarter. PFG Investments LLC now owns 14,086 shares of the company’s stock valued at $745,000 after buying an additional 3,461 shares during the period. Allworth Financial LP increased its position in shares of SPDR Portfolio S&P 500 Value ETF by 2.3% in the third quarter. Allworth Financial LP now owns 20,300,686 shares of the company’s stock worth $1,073,094,000 after acquiring an additional 461,035 shares in the last quarter. Convergence Financial LLC raised its stake in shares of SPDR Portfolio S&P 500 Value ETF by 11.3% in the 3rd quarter. Convergence Financial LLC now owns 505,014 shares of the company’s stock valued at $26,695,000 after acquiring an additional 51,443 shares during the period. Tenon Financial LLC acquired a new position in shares of SPDR Portfolio S&P 500 Value ETF during the 3rd quarter valued at $293,000. Finally, Financial Management Network Inc. purchased a new stake in SPDR Portfolio S&P 500 Value ETF during the 3rd quarter worth $254,000.
SPDR Portfolio S&P 500 Value ETF Trading Down 0.7 %
Shares of NYSEARCA SPYV opened at $52.65 on Friday. The stock has a fifty day moving average price of $52.43 and a 200 day moving average price of $50.33. The company has a market cap of $22.82 billion, a P/E 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.
SPDR Portfolio S&P 500 Value ETF Profile
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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