Strategic Financial Concepts LLC Acquires 965,401 Shares of SPDR Portfolio S&P 500 Value ETF $SPYV

Strategic Financial Concepts LLC boosted its holdings in shares of SPDR Portfolio S&P 500 Value ETF (NYSEARCA:SPYV) by 3,960.9% during the 2nd quarter, HoldingsChannel reports. The institutional investor owned 989,774 shares of the company’s stock after buying an additional 965,401 shares during the period. SPDR Portfolio S&P 500 Value ETF comprises about 7.3% of Strategic Financial Concepts LLC’s portfolio, making the stock its 3rd biggest holding. Strategic Financial Concepts LLC’s holdings in SPDR Portfolio S&P 500 Value ETF were worth $51,805,000 at the end of the most recent reporting period.

Other hedge funds have also recently bought and sold shares of the company. Elite Financial Inc. acquired a new position in SPDR Portfolio S&P 500 Value ETF during the first quarter worth $25,000. Fiduciary Advisors Inc. acquired a new stake in shares of SPDR Portfolio S&P 500 Value ETF in the second quarter valued at about $26,000. Tompkins Financial Corp grew its position in shares of SPDR Portfolio S&P 500 Value ETF by 4,681.8% in the second quarter. Tompkins Financial Corp now owns 526 shares of the company’s stock valued at $28,000 after purchasing an additional 515 shares during the last quarter. Headlands Technologies LLC acquired a new stake in shares of SPDR Portfolio S&P 500 Value ETF in the first quarter valued at about $29,000. Finally, VSM Wealth Advisory LLC acquired a new stake in shares of SPDR Portfolio S&P 500 Value ETF in the first quarter valued at about $30,000.

SPDR Portfolio S&P 500 Value ETF Stock Performance

Shares of NYSEARCA:SPYV opened at $55.98 on Friday. The company has a market cap of $30.13 billion, a P/E ratio of 20.50 and a beta of 0.89. The stock’s 50-day moving average is $55.12 and its 200-day moving average is $52.81. SPDR Portfolio S&P 500 Value ETF has a 52-week low of $44.39 and a 52-week high of $56.75.

SPDR Portfolio S&P 500 Value ETF Company 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.