SPDR Portfolio S&P 500 Value ETF $SPYV Stock: True Blue Financial LLC Grows Position

True Blue Financial LLC raised its stake in shares of SPDR Portfolio S&P 500 Value ETF (NYSEARCA:SPYV) by 43.8% in the 3rd quarter, according to its most recent disclosure with the SEC. The firm owned 464,470 shares of the company’s stock after purchasing an additional 141,525 shares during the period. SPDR Portfolio S&P 500 Value ETF accounts for about 10.5% of True Blue Financial LLC’s investment portfolio, making the stock its 2nd biggest holding. True Blue Financial LLC owned approximately 0.08% of SPDR Portfolio S&P 500 Value ETF worth $28,393,000 as of its most recent filing with the SEC.

Other hedge funds and other institutional investors have also bought and sold shares of the company. Uptown Financial Advisors LLC raised its stake in SPDR Portfolio S&P 500 Value ETF by 1.0% during the 3rd quarter. Uptown Financial Advisors LLC now owns 165,885 shares of the company’s stock worth $10,141,000 after acquiring an additional 1,564 shares during the period. AdvisorNet Financial Inc purchased a new position in SPDR Portfolio S&P 500 Value ETF during the third quarter valued at approximately $2,628,000. Nvwm LLC boosted its position in shares of SPDR Portfolio S&P 500 Value ETF by 68.4% in the third quarter. Nvwm LLC now owns 2,461 shares of the company’s stock worth $150,000 after purchasing an additional 1,000 shares during the period. VMS Asset Management Limited bought a new position in shares of SPDR Portfolio S&P 500 Value ETF in the third quarter worth approximately $8,193,000. Finally, Mather Group LLC. purchased a new position in shares of SPDR Portfolio S&P 500 Value ETF during the 3rd quarter valued at $621,000.

SPDR Portfolio S&P 500 Value ETF Stock Performance

Shares of SPDR Portfolio S&P 500 Value ETF stock opened at $63.12 on Friday. The company has a market capitalization of $36.84 billion, a P/E ratio of 20.50 and a beta of 0.82. The company has a fifty day moving average of $62.80 and a 200 day moving average of $61.23. SPDR Portfolio S&P 500 Value ETF has a fifty-two week low of $54.44 and a fifty-two week high of $64.26.

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.