NewEdge Advisors LLC Boosts Stake in SPDR Portfolio S&P 500 Value ETF $SPYV

NewEdge Advisors LLC grew its holdings in SPDR Portfolio S&P 500 Value ETF (NYSEARCA:SPYV) by 8.4% during the 2nd quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund owned 565,797 shares of the company’s stock after purchasing an additional 44,055 shares during the period. NewEdge Advisors LLC’s holdings in SPDR Portfolio S&P 500 Value ETF were worth $34,395,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other hedge funds have also modified their holdings of the business. AQR Capital Management LLC boosted its stake in SPDR Portfolio S&P 500 Value ETF by 13.9% during the first quarter. AQR Capital Management LLC now owns 65,816 shares of the company’s stock worth $3,361,000 after buying an additional 8,012 shares during the period. Russell Investments Group Ltd. raised its stake in shares of SPDR Portfolio S&P 500 Value ETF by 330.6% in the 2nd quarter. Russell Investments Group Ltd. now owns 5,202 shares of the company’s stock valued at $272,000 after acquiring an additional 3,994 shares during the period. Marshall Wace LLP purchased a new stake in shares of SPDR Portfolio S&P 500 Value ETF in the 2nd quarter valued at approximately $3,008,000. Qube Research & Technologies Ltd raised its stake in shares of SPDR Portfolio S&P 500 Value ETF by 28.5% in the 2nd quarter. Qube Research & Technologies Ltd now owns 10,800 shares of the company’s stock valued at $565,000 after acquiring an additional 2,394 shares during the period. Finally, Peapack Gladstone Financial Corp acquired a new position in shares of SPDR Portfolio S&P 500 Value ETF in the 2nd quarter worth approximately $295,000.

SPDR Portfolio S&P 500 Value ETF Stock Performance

NYSEARCA:SPYV opened at $62.67 on Thursday. The stock has a market capitalization of $36.54 billion, a P/E ratio of 20.50 and a beta of 0.82. The company has a 50 day moving average price of $62.68 and a 200 day moving average price of $60.41. SPDR Portfolio S&P 500 Value ETF has a fifty-two week low of $53.94 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.