WealthPlan Investment Management LLC bought a new stake in SPDR Portfolio S&P 500 Value ETF (NYSEARCA:SPYV – Free Report) during the third quarter, HoldingsChannel.com reports. The fund bought 5,680 shares of the company’s stock, valued at approximately $300,000.
Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Private Advisor Group LLC raised its holdings in SPDR Portfolio S&P 500 Value ETF by 4.6% in the 3rd quarter. Private Advisor Group LLC now owns 2,761,731 shares of the company’s stock valued at $145,985,000 after acquiring an additional 121,974 shares during the last quarter. ORG Wealth Partners LLC purchased a new stake in SPDR Portfolio S&P 500 Value ETF in the 3rd quarter valued at about $33,000. Williams Financial LLC lifted its holdings in shares of SPDR Portfolio S&P 500 Value ETF by 6,166.3% during the 2nd quarter. Williams Financial LLC now owns 42,988,918 shares of the company’s stock worth $2,101,241,000 after acquiring an additional 42,302,888 shares during the period. Lynch & Associates IN boosted its position in shares of SPDR Portfolio S&P 500 Value ETF by 3.7% in the second quarter. Lynch & Associates IN now owns 139,809 shares of the company’s stock worth $6,814,000 after acquiring an additional 5,030 shares during the last quarter. Finally, Asset Management Group Inc. grew its holdings in SPDR Portfolio S&P 500 Value ETF by 1.7% in the second quarter. Asset Management Group Inc. now owns 91,834 shares of the company’s stock valued at $4,476,000 after purchasing an additional 1,525 shares during the period.
SPDR Portfolio S&P 500 Value ETF Trading Down 0.8 %
Shares of SPYV opened at $53.92 on Wednesday. The stock’s fifty day simple moving average is $52.70 and its 200 day simple moving average is $50.74. SPDR Portfolio S&P 500 Value ETF has a twelve month low of $42.22 and a twelve month high of $54.61. The firm has a market capitalization of $23.37 billion, a P/E 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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