Virtue Capital Management LLC Makes New $557,000 Investment in SPDR Portfolio S&P 500 Value ETF $SPYV

Virtue Capital Management LLC acquired a new position in SPDR Portfolio S&P 500 Value ETF (NYSEARCA:SPYV) during the third quarter, according to the company in its most recent Form 13F filing with the SEC. The fund acquired 10,074 shares of the company’s stock, valued at approximately $557,000.

Other hedge funds and other institutional investors have also recently bought and sold shares of the company. Farther Finance Advisors LLC raised its stake in SPDR Portfolio S&P 500 Value ETF by 13.8% during the 3rd quarter. Farther Finance Advisors LLC now owns 176,237 shares of the company’s stock valued at $9,751,000 after purchasing an additional 21,383 shares during the period. Capital Advisory Group Advisory Services LLC grew its holdings in shares of SPDR Portfolio S&P 500 Value ETF by 10.2% during the third quarter. Capital Advisory Group Advisory Services LLC now owns 146,694 shares of the company’s stock valued at $8,117,000 after buying an additional 13,540 shares in the last quarter. ERn Financial LLC raised its position in SPDR Portfolio S&P 500 Value ETF by 11.2% during the third quarter. ERn Financial LLC now owns 644,527 shares of the company’s stock valued at $35,662,000 after buying an additional 64,828 shares during the period. AE Wealth Management LLC lifted its stake in SPDR Portfolio S&P 500 Value ETF by 22.6% in the 2nd quarter. AE Wealth Management LLC now owns 2,608,841 shares of the company’s stock worth $136,547,000 after acquiring an additional 480,559 shares in the last quarter. Finally, Guardian Wealth Advisors LLC grew its stake in SPDR Portfolio S&P 500 Value ETF by 12.1% during the 3rd quarter. Guardian Wealth Advisors LLC now owns 205,167 shares of the company’s stock valued at $11,352,000 after acquiring an additional 22,222 shares in the last quarter.

SPDR Portfolio S&P 500 Value ETF Stock Down 0.4%

Shares of NYSEARCA:SPYV traded down $0.25 during trading on Friday, reaching $57.93. 2,730,762 shares of the company traded hands, compared to its average volume of 4,173,706. The firm has a fifty day simple moving average of $57.05 and a 200 day simple moving average of $55.43. The firm has a market cap of $32.17 billion, a P/E ratio of 20.50 and a beta of 0.89. SPDR Portfolio S&P 500 Value ETF has a 1-year low of $44.39 and a 1-year high of $58.50.

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. 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.