SPDR Portfolio S&P 500 Value ETF $SPYV Position Boosted by MONECO Advisors LLC

MONECO Advisors LLC increased its position in shares of SPDR Portfolio S&P 500 Value ETF (NYSEARCA:SPYV) by 8.1% during the third quarter, according to the company in its most recent Form 13F filing with the SEC. The fund owned 661,469 shares of the company’s stock after acquiring an additional 49,661 shares during the quarter. SPDR Portfolio S&P 500 Value ETF makes up approximately 3.1% of MONECO Advisors LLC’s holdings, making the stock its 2nd biggest holding. MONECO Advisors LLC’s holdings in SPDR Portfolio S&P 500 Value ETF were worth $36,599,000 at the end of the most recent quarter.

Several other institutional investors also recently bought and sold shares of the business. Atlantic Union Bankshares Corp acquired a new stake in shares of SPDR Portfolio S&P 500 Value ETF during the second quarter worth $36,000. Legacy Investment Solutions LLC purchased a new position in SPDR Portfolio S&P 500 Value ETF during the second quarter worth about $36,000. Crewe Advisors LLC boosted its stake in SPDR Portfolio S&P 500 Value ETF by 209.0% in the 2nd quarter. Crewe Advisors LLC now owns 828 shares of the company’s stock worth $43,000 after buying an additional 560 shares during the last quarter. Steigerwald Gordon & Koch Inc. purchased a new stake in SPDR Portfolio S&P 500 Value ETF in the 3rd quarter valued at about $44,000. Finally, TFC Financial Management Inc. acquired a new position in shares of SPDR Portfolio S&P 500 Value ETF during the 3rd quarter valued at about $44,000.

SPDR Portfolio S&P 500 Value ETF Price Performance

Shares of SPYV stock opened at $58.64 on Friday. The firm’s 50-day simple moving average is $57.54 and its 200-day simple moving average is $55.77. SPDR Portfolio S&P 500 Value ETF has a 1-year low of $44.39 and a 1-year high of $59.37. The firm has a market cap of $32.68 billion, a P/E ratio of 20.50 and a beta of 0.89.

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.