Olde Wealth Management LLC Takes $8.75 Million Position in SPDR Portfolio S&P 500 Value ETF $SPYV

Olde Wealth Management LLC acquired a new position in shares of SPDR Portfolio S&P 500 Value ETF (NYSEARCA:SPYV) in the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund acquired 155,925 shares of the company’s stock, valued at approximately $8,747,000. SPDR Portfolio S&P 500 Value ETF makes up about 2.7% of Olde Wealth Management LLC’s investment portfolio, making the stock its 10th biggest position.

Several other institutional investors also recently modified their holdings of SPYV. Nicolet Advisory Services LLC lifted its position in SPDR Portfolio S&P 500 Value ETF by 1.2% during the third quarter. Nicolet Advisory Services LLC now owns 3,169,464 shares of the company’s stock valued at $176,634,000 after purchasing an additional 37,887 shares during the last quarter. GeoWealth Management LLC grew its stake in SPDR Portfolio S&P 500 Value ETF by 7.5% in the 3rd quarter. GeoWealth Management LLC now owns 7,160 shares of the company’s stock worth $396,000 after buying an additional 502 shares in the last quarter. Vise Technologies Inc. bought a new position in shares of SPDR Portfolio S&P 500 Value ETF in the 3rd quarter worth $1,681,000. Rehmann Capital Advisory Group raised its position in shares of SPDR Portfolio S&P 500 Value ETF by 36.4% during the 3rd quarter. Rehmann Capital Advisory Group now owns 39,754 shares of the company’s stock valued at $2,200,000 after buying an additional 10,611 shares in the last quarter. Finally, Sei Investments Co. raised its position in shares of SPDR Portfolio S&P 500 Value ETF by 6.4% during the 3rd quarter. Sei Investments Co. now owns 9,782 shares of the company’s stock valued at $541,000 after buying an additional 588 shares in the last quarter.

SPDR Portfolio S&P 500 Value ETF Stock Performance

NYSEARCA SPYV opened at $56.71 on Friday. SPDR Portfolio S&P 500 Value ETF has a 52-week low of $44.39 and a 52-week high of $59.75. The company has a fifty day moving average of $58.45 and a 200-day moving average of $56.72. The company has a market capitalization of $31.60 billion, a P/E ratio of 20.50 and a beta of 0.89.

About SPDR Portfolio S&P 500 Value ETF

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.