Gladstone Institutional Advisory LLC Has $40.39 Million Holdings in SPDR Portfolio S&P 500 Value ETF $SPYV

Gladstone Institutional Advisory LLC cut its holdings in shares of SPDR Portfolio S&P 500 Value ETF (NYSEARCA:SPYV) by 4.8% during the 3rd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 729,887 shares of the company’s stock after selling 36,569 shares during the period. SPDR Portfolio S&P 500 Value ETF makes up approximately 1.6% of Gladstone Institutional Advisory LLC’s investment portfolio, making the stock its 12th largest holding. Gladstone Institutional Advisory LLC’s holdings in SPDR Portfolio S&P 500 Value ETF were worth $40,385,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also recently added to or reduced their stakes in the business. Laurel Wealth Advisors LLC raised its position in shares of SPDR Portfolio S&P 500 Value ETF by 5,144.5% during the second quarter. Laurel Wealth Advisors LLC now owns 1,807,047 shares of the company’s stock worth $94,581,000 after purchasing an additional 1,772,591 shares during the period. Strategic Financial Concepts LLC grew its position in shares of SPDR Portfolio S&P 500 Value ETF by 3,960.9% in the 2nd quarter. Strategic Financial Concepts LLC now owns 989,774 shares of the company’s stock valued at $51,805,000 after purchasing an additional 965,401 shares during the period. Corient Private Wealth LLC increased its stake in SPDR Portfolio S&P 500 Value ETF by 103.6% during the 2nd quarter. Corient Private Wealth LLC now owns 1,838,839 shares of the company’s stock worth $96,245,000 after purchasing an additional 935,644 shares in the last quarter. Wealth Enhancement Advisory Services LLC increased its stake in SPDR Portfolio S&P 500 Value ETF by 26.1% during the 2nd quarter. Wealth Enhancement Advisory Services LLC now owns 4,456,511 shares of the company’s stock worth $237,131,000 after purchasing an additional 921,933 shares in the last quarter. Finally, TIAA Trust National Association raised its holdings in SPDR Portfolio S&P 500 Value ETF by 30.6% during the 2nd quarter. TIAA Trust National Association now owns 3,823,232 shares of the company’s stock worth $200,108,000 after buying an additional 895,188 shares during the period.

SPDR Portfolio S&P 500 Value ETF Stock Performance

Shares of SPYV opened at $57.53 on Tuesday. The firm has a market cap of $31.98 billion, a P/E ratio of 20.50 and a beta of 0.89. SPDR Portfolio S&P 500 Value ETF has a twelve month low of $44.39 and a twelve month high of $57.67. The firm’s 50 day moving average price is $56.51 and its two-hundred day moving average price is $54.91.

About SPDR Portfolio S&P 500 Value ETF

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. The selection universe for the S&P 500 Index includes all United States common equities listed on the New York Stock Exchange, National Association of Securities Dealers Automated Quotation (NASDAQ) Global Select Market, NASDAQ Select Market and NASDAQ Capital Market with market capitalizations of $3.5 billion or more.