BIP Wealth LLC increased its position in shares of SPDR Portfolio S&P 500 Value ETF (NYSEARCA:SPYV – Free Report) by 4.4% during the third quarter, Holdings Channel reports. The institutional investor owned 611,737 shares of the company’s stock after purchasing an additional 25,551 shares during the period. SPDR Portfolio S&P 500 Value ETF comprises about 2.2% of BIP Wealth LLC’s portfolio, making the stock its 9th largest holding. BIP Wealth LLC’s holdings in SPDR Portfolio S&P 500 Value ETF were worth $32,328,000 as of its most recent filing with the SEC.
Several other institutional investors and hedge funds have also added to or reduced their stakes in the company. Private Advisor Group LLC lifted its stake in shares of SPDR Portfolio S&P 500 Value ETF by 4.6% in the third quarter. Private Advisor Group LLC now owns 2,761,731 shares of the company’s stock valued at $145,985,000 after buying an additional 121,974 shares in the last quarter. ORG Wealth Partners LLC bought a new position in SPDR Portfolio S&P 500 Value ETF in the 3rd quarter valued at about $33,000. Williams Financial LLC boosted its stake in 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 valued at $2,101,241,000 after purchasing an additional 42,302,888 shares during the last quarter. Lynch & Associates IN increased its holdings in SPDR Portfolio S&P 500 Value ETF by 3.7% during the 2nd quarter. Lynch & Associates IN now owns 139,809 shares of the company’s stock worth $6,814,000 after purchasing an additional 5,030 shares in the last quarter. Finally, Asset Management Group Inc. raised its stake in shares of 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 worth $4,476,000 after purchasing an additional 1,525 shares during the last quarter.
SPDR Portfolio S&P 500 Value ETF Stock Up 0.4 %
SPYV stock opened at $53.76 on Tuesday. The firm has a market capitalization of $23.30 billion, a PE ratio of 24.09 and a beta of 0.81. SPDR Portfolio S&P 500 Value ETF has a twelve month low of $43.58 and a twelve month high of $54.61. The stock’s 50 day moving average is $52.86 and its 200-day moving average is $50.90.
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.
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Want to see what other hedge funds are holding SPYV? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for SPDR Portfolio S&P 500 Value ETF (NYSEARCA:SPYV – Free Report).
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