SPDR Portfolio S&P 500 Value ETF (NYSEARCA:SPYV) Stock Position Boosted by Redhawk Wealth Advisors Inc.

Redhawk Wealth Advisors Inc. grew its stake in shares of SPDR Portfolio S&P 500 Value ETF (NYSEARCA:SPYV) by 2.4% during the fourth quarter, Holdings Channel reports. The institutional investor owned 48,308 shares of the company’s stock after acquiring an additional 1,113 shares during the period. Redhawk Wealth Advisors Inc.’s holdings in SPDR Portfolio S&P 500 Value ETF were worth $2,470,000 at the end of the most recent reporting period.

A number of other institutional investors also recently made changes to their positions in SPYV. LPL Financial LLC increased its stake in shares of SPDR Portfolio S&P 500 Value ETF by 8.8% during the third quarter. LPL Financial LLC now owns 39,150,619 shares of the company’s stock valued at $2,069,502,000 after acquiring an additional 3,176,679 shares during the period. Flagship Harbor Advisors LLC acquired a new position in shares of SPDR Portfolio S&P 500 Value ETF during the 3rd quarter valued at $84,057,000. Orion Portfolio Solutions LLC increased its position 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 valued at $76,629,000 after purchasing an additional 1,360,461 shares during the period. Principal Securities Inc. raised its stake in shares of SPDR Portfolio S&P 500 Value ETF by 113,776.3% in the 3rd quarter. Principal Securities Inc. now owns 614,932 shares of the company’s stock worth $32,505,000 after buying an additional 614,392 shares in the last quarter. Finally, Benjamin Edwards Inc. lifted its holdings in shares of SPDR Portfolio S&P 500 Value ETF by 1,371.8% in the third quarter. Benjamin Edwards Inc. now owns 623,960 shares of the company’s stock valued at $32,982,000 after buying an additional 581,565 shares during the period.

SPDR Portfolio S&P 500 Value ETF Stock Up 1.3 %

NYSEARCA:SPYV opened at $51.64 on Thursday. The business’s 50-day moving average price is $52.91 and its 200 day moving average price is $51.98. SPDR Portfolio S&P 500 Value ETF has a 52-week low of $45.64 and a 52-week high of $55.42. The firm has a market cap of $22.38 billion, a P/E ratio of 24.09 and a beta of 0.81.

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.