Elios Financial Group Inc. Takes Position in SPDR Portfolio S&P 500 Value ETF (NYSEARCA:SPYV)

Elios Financial Group Inc. bought a new stake in shares of SPDR Portfolio S&P 500 Value ETF (NYSEARCA:SPYV) during the 3rd quarter, Holdings Channel.com reports. The institutional investor bought 45,742 shares of the company’s stock, valued at approximately $2,418,000. SPDR Portfolio S&P 500 Value ETF accounts for 1.1% of Elios Financial Group Inc.’s holdings, making the stock its 24th largest position.

A number of other large investors also recently added to or reduced their stakes in SPYV. CENTRAL TRUST Co raised its position in shares of SPDR Portfolio S&P 500 Value ETF by 199.4% during the third quarter. CENTRAL TRUST Co now owns 491 shares of the company’s stock valued at $26,000 after buying an additional 327 shares during the last quarter. Kayne Anderson Rudnick Investment Management LLC lifted its holdings 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 valued at $28,000 after acquiring an additional 404 shares during the last quarter. Olistico Wealth LLC bought a new stake in shares of SPDR Portfolio S&P 500 Value ETF in the 2nd quarter valued at approximately $30,000. EdgeRock Capital LLC purchased a new position in SPDR Portfolio S&P 500 Value ETF during the second quarter worth $30,000. Finally, ORG Wealth Partners LLC bought a new position in SPDR Portfolio S&P 500 Value ETF during the 3rd quarter valued at about $33,000.

SPDR Portfolio S&P 500 Value ETF Trading Up 0.7 %

NYSEARCA:SPYV opened at $55.04 on Tuesday. The stock has a fifty day simple moving average of $53.13 and a 200-day simple moving average of $51.13. The company has a market cap of $23.85 billion, a price-to-earnings ratio of 24.09 and a beta of 0.81. SPDR Portfolio S&P 500 Value ETF has a twelve month low of $43.93 and a twelve month high of $55.22.

SPDR Portfolio S&P 500 Value ETF Company 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.