SPDR Portfolio S&P 500 Value ETF (NYSEARCA:SPYV) Stake Increased by Demars Financial Group LLC

Demars Financial Group LLC grew its stake in shares of SPDR Portfolio S&P 500 Value ETF (NYSEARCA:SPYV) by 2.4% during the 2nd quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 296,270 shares of the company’s stock after buying an additional 7,004 shares during the quarter. SPDR Portfolio S&P 500 Value ETF accounts for 6.9% of Demars Financial Group LLC’s investment portfolio, making the stock its 4th biggest position. Demars Financial Group LLC owned 0.07% of SPDR Portfolio S&P 500 Value ETF worth $14,440,000 as of its most recent filing with the SEC.

Several other institutional investors and hedge funds have also recently made changes to their positions in the stock. EdgeRock Capital LLC purchased a new position in SPDR Portfolio S&P 500 Value ETF in the 4th quarter worth $29,000. Crewe Advisors LLC purchased a new position in SPDR Portfolio S&P 500 Value ETF in the 1st quarter worth $29,000. Olistico Wealth LLC purchased a new position in SPDR Portfolio S&P 500 Value ETF in the 2nd quarter worth $30,000. Salem Investment Counselors Inc. purchased a new position in SPDR Portfolio S&P 500 Value ETF in the 1st quarter worth $35,000. Finally, Vima LLC purchased a new position in SPDR Portfolio S&P 500 Value ETF in the 4th quarter worth $36,000.

SPDR Portfolio S&P 500 Value ETF Stock Performance

NYSEARCA:SPYV traded up $0.19 during trading hours on Friday, reaching $50.96. The company’s stock had a trading volume of 1,747,051 shares, compared to its average volume of 2,591,206. The firm has a 50-day simple moving average of $49.58 and a 200-day simple moving average of $48.94. SPDR Portfolio S&P 500 Value ETF has a 1 year low of $39.51 and a 1 year high of $51.43. The firm has a market capitalization of $22.09 billion, a price-to-earnings 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.