Financial Council LLC boosted its stake in shares of SPDR Portfolio S&P 500 Value ETF (NYSEARCA:SPYV – Free Report) by 3.7% in the third quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 235,439 shares of the company’s stock after buying an additional 8,422 shares during the period. SPDR Portfolio S&P 500 Value ETF makes up about 4.6% of Financial Council LLC’s investment portfolio, making the stock its 6th largest holding. Financial Council LLC’s holdings in SPDR Portfolio S&P 500 Value ETF were worth $14,392,000 as of its most recent filing with the Securities & Exchange Commission.
A number of other large investors have also added to or reduced their stakes in the stock. Avior Wealth Management LLC purchased a new stake in shares of SPDR Portfolio S&P 500 Value ETF during the third quarter valued at approximately $46,088,000. Waller Financial Planning Group Inc. increased its position in shares of SPDR Portfolio S&P 500 Value ETF by 6.2% during the third quarter. Waller Financial Planning Group Inc. now owns 613,847 shares of the company’s stock valued at $37,524,000 after acquiring an additional 36,059 shares in the last quarter. Evergreen Capital Management LLC purchased a new position in SPDR Portfolio S&P 500 Value ETF in the 3rd quarter worth approximately $640,000. Mather Group LLC. purchased a new position in SPDR Portfolio S&P 500 Value ETF in the 3rd quarter worth approximately $621,000. Finally, Tidal Investments LLC raised its holdings in SPDR Portfolio S&P 500 Value ETF by 45.2% in the 2nd quarter. Tidal Investments LLC now owns 29,874 shares of the company’s stock worth $1,816,000 after acquiring an additional 9,296 shares during the last quarter.
SPDR Portfolio S&P 500 Value ETF Trading Down 0.4%
SPYV stock traded down $0.25 during midday trading on Friday, hitting $63.07. The company’s stock had a trading volume of 3,047,160 shares, compared to its average volume of 2,924,325. The firm’s 50-day moving average is $62.92 and its 200-day moving average is $60.73. SPDR Portfolio S&P 500 Value ETF has a 12 month low of $54.44 and a 12 month high of $65.52. The company has a market cap of $38.06 billion, a PE ratio of 20.50 and a beta of 0.82.
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.
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