Portside Wealth Group LLC Buys 29,240 Shares of SPDR Portfolio S&P 500 Value ETF $SPYV

Portside Wealth Group LLC increased its stake in shares of SPDR Portfolio S&P 500 Value ETF (NYSEARCA:SPYV) by 16.9% in the third quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 202,262 shares of the company’s stock after purchasing an additional 29,240 shares during the period. SPDR Portfolio S&P 500 Value ETF makes up approximately 1.5% of Portside Wealth Group LLC’s investment portfolio, making the stock its 8th largest holding. Portside Wealth Group LLC’s holdings in SPDR Portfolio S&P 500 Value ETF were worth $11,191,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also added to or reduced their stakes in SPYV. Vantagepoint Investment Advisers LLC bought a new stake in shares of SPDR Portfolio S&P 500 Value ETF in the 3rd quarter valued at about $246,963,000. Laurel Wealth Advisors LLC grew its holdings in 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 valued at $94,581,000 after purchasing an additional 1,772,591 shares during the period. Strategic Financial Concepts LLC grew its holdings in SPDR Portfolio S&P 500 Value ETF by 3,960.9% during the second 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% in the second quarter. Corient Private Wealth LLC now owns 1,838,839 shares of the company’s stock valued at $96,245,000 after purchasing an additional 935,644 shares in the last quarter. Finally, TIAA Trust National Association raised its holdings in SPDR Portfolio S&P 500 Value ETF by 30.6% in the second quarter. TIAA Trust National Association now owns 3,823,232 shares of the company’s stock worth $200,108,000 after purchasing an additional 895,188 shares during the period.

SPDR Portfolio S&P 500 Value ETF Stock Up 0.9%

Shares of NYSEARCA SPYV opened at $59.19 on Thursday. SPDR Portfolio S&P 500 Value ETF has a twelve month low of $44.39 and a twelve month high of $59.37. The stock has a market cap of $32.99 billion, a price-to-earnings ratio of 20.50 and a beta of 0.89. The company’s fifty day moving average is $57.50 and its 200-day moving average is $55.75.

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.