Confluence Investment Management LLC Boosts Holdings in SPDR Portfolio S&P 500 Value ETF (NYSEARCA:SPYV)

Confluence Investment Management LLC grew its position in SPDR Portfolio S&P 500 Value ETF (NYSEARCA:SPYV) by 3.0% during the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm owned 281,066 shares of the company’s stock after acquiring an additional 8,190 shares during the quarter. Confluence Investment Management LLC’s holdings in SPDR Portfolio S&P 500 Value ETF were worth $14,374,000 at the end of the most recent reporting period.

Other institutional investors have also recently made changes to their positions in the company. LPL Financial LLC raised its position in SPDR Portfolio S&P 500 Value ETF by 8.8% in the 3rd quarter. LPL Financial LLC now owns 39,150,619 shares of the company’s stock worth $2,069,502,000 after purchasing an additional 3,176,679 shares during the period. Flagship Harbor Advisors LLC purchased a new stake in shares of SPDR Portfolio S&P 500 Value ETF in the third quarter worth approximately $84,057,000. Orion Portfolio Solutions LLC lifted its stake in shares of SPDR Portfolio S&P 500 Value ETF by 1,525.1% during the 3rd quarter. Orion Portfolio Solutions LLC now owns 1,449,664 shares of the company’s stock worth $76,629,000 after acquiring an additional 1,360,461 shares during the last quarter. Strategic Financial Concepts LLC boosted its holdings in SPDR Portfolio S&P 500 Value ETF by 2,863.3% during the 2nd quarter. Strategic Financial Concepts LLC now owns 867,189 shares of the company’s stock valued at $423,000 after acquiring an additional 837,925 shares during the period. Finally, CoreCap Advisors LLC bought a new position in SPDR Portfolio S&P 500 Value ETF in the 2nd quarter valued at $35,400,000.

SPDR Portfolio S&P 500 Value ETF Stock Performance

SPYV stock traded down $0.08 during midday trading on Thursday, reaching $51.06. The company’s stock had a trading volume of 797,868 shares, compared to its average volume of 2,555,342. The firm has a market capitalization of $22.13 billion, a price-to-earnings ratio of 24.09 and a beta of 0.81. SPDR Portfolio S&P 500 Value ETF has a 1 year low of $45.64 and a 1 year high of $55.42. The stock has a fifty day simple moving average of $53.23 and a two-hundred day simple moving average of $51.83.

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.