PFG Private Wealth Management LLC Takes $1.51 Million Position in SPDR Portfolio S&P 500 Value ETF $SPYV

PFG Private Wealth Management LLC acquired a new stake in SPDR Portfolio S&P 500 Value ETF (NYSEARCA:SPYV) in the 3rd quarter, Holdings Channel.com reports. The fund acquired 27,357 shares of the company’s stock, valued at approximately $1,514,000.

Several other hedge funds have also recently bought and sold shares of SPYV. Legacy Investment Solutions LLC bought a new position in SPDR Portfolio S&P 500 Value ETF in the second quarter valued at approximately $36,000. 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. Crewe Advisors LLC raised its holdings in shares of SPDR Portfolio S&P 500 Value ETF by 209.0% during the second quarter. Crewe Advisors LLC now owns 828 shares of the company’s stock worth $43,000 after acquiring an additional 560 shares during the period. Steigerwald Gordon & Koch Inc. bought a new stake in SPDR Portfolio S&P 500 Value ETF in the 3rd quarter valued at $44,000. Finally, TFC Financial Management Inc. acquired a new position in SPDR Portfolio S&P 500 Value ETF in the 3rd quarter worth $44,000.

SPDR Portfolio S&P 500 Value ETF Trading Down 1.3%

SPYV stock opened at $58.66 on Friday. The stock has a 50-day moving average price of $57.78 and a two-hundred day moving average price of $55.97. SPDR Portfolio S&P 500 Value ETF has a 1 year low of $44.39 and a 1 year high of $59.75. The stock has a market cap of $32.69 billion, a PE ratio of 20.50 and a beta of 0.89.

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.