Truist Financial Corp Purchases 25,185 Shares of SPDR Portfolio S&P 500 Value ETF $SPYV

Truist Financial Corp boosted its position in SPDR Portfolio S&P 500 Value ETF (NYSEARCA:SPYV) by 6.4% in the third quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 416,022 shares of the company’s stock after buying an additional 25,185 shares during the quarter. Truist Financial Corp’s holdings in SPDR Portfolio S&P 500 Value ETF were worth $23,018,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other hedge funds have also recently made changes to their positions in SPYV. AQR Capital Management LLC raised its position in shares of SPDR Portfolio S&P 500 Value ETF by 13.9% in the first quarter. AQR Capital Management LLC now owns 65,816 shares of the company’s stock valued at $3,361,000 after purchasing an additional 8,012 shares during the period. Flagship Private Wealth LLC raised its stake in shares of SPDR Portfolio S&P 500 Value ETF by 0.7% during the 2nd quarter. Flagship Private Wealth LLC now owns 27,505 shares of the company’s stock valued at $1,440,000 after purchasing an additional 197 shares during the period. Empirical Financial Services LLC d.b.a. Empirical Wealth Management raised its stake in shares of SPDR Portfolio S&P 500 Value ETF by 13.2% during the 2nd quarter. Empirical Financial Services LLC d.b.a. Empirical Wealth Management now owns 58,577 shares of the company’s stock valued at $3,066,000 after purchasing an additional 6,850 shares during the period. Curran Financial Partners LLC purchased a new stake in SPDR Portfolio S&P 500 Value ETF during the 2nd quarter worth about $332,000. Finally, Fortis Capital Advisors LLC boosted its stake in SPDR Portfolio S&P 500 Value ETF by 73.0% in the 2nd quarter. Fortis Capital Advisors LLC now owns 95,318 shares of the company’s stock worth $4,989,000 after purchasing an additional 40,219 shares during the period.

SPDR Portfolio S&P 500 Value ETF Stock Up 0.2%

Shares of SPYV opened at $58.17 on Friday. SPDR Portfolio S&P 500 Value ETF has a twelve month low of $44.39 and a twelve month high of $58.50. The stock has a market cap of $32.33 billion, a PE ratio of 20.50 and a beta of 0.89. The business’s 50-day moving average price is $57.34 and its 200-day moving average price is $55.60.

SPDR Portfolio S&P 500 Value ETF 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.