SPDR Portfolio S&P 500 Value ETF $SPYV Shares Purchased by Strategic Financial Partners Ltd.

Strategic Financial Partners Ltd. increased its stake in SPDR Portfolio S&P 500 Value ETF (NYSEARCA:SPYV) by 35.1% in the second quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 348,842 shares of the company’s stock after purchasing an additional 90,578 shares during the period. SPDR Portfolio S&P 500 Value ETF makes up 8.5% of Strategic Financial Partners Ltd.’s holdings, making the stock its 2nd largest position. Strategic Financial Partners Ltd. owned approximately 0.07% of SPDR Portfolio S&P 500 Value ETF worth $18,258,000 as of its most recent filing with the Securities and Exchange Commission.

Several other institutional investors and hedge funds have also recently added to or reduced their stakes in the business. Able Wealth Management LLC bought a new stake in SPDR Portfolio S&P 500 Value ETF during the 2nd quarter worth about $880,000. Atlantic Union Bankshares Corp bought a new stake in SPDR Portfolio S&P 500 Value ETF during the 2nd quarter worth about $36,000. Convergence Financial LLC lifted its position in SPDR Portfolio S&P 500 Value ETF by 7.1% during the 2nd quarter. Convergence Financial LLC now owns 554,178 shares of the company’s stock worth $29,006,000 after buying an additional 36,626 shares in the last quarter. RFG Bristol Wealth Advisors LLC lifted its position in SPDR Portfolio S&P 500 Value ETF by 18.4% during the 2nd quarter. RFG Bristol Wealth Advisors LLC now owns 85,139 shares of the company’s stock worth $4,456,000 after buying an additional 13,239 shares in the last quarter. Finally, Fourth Dimension Wealth LLC lifted its position in SPDR Portfolio S&P 500 Value ETF by 18.3% during the 2nd quarter. Fourth Dimension Wealth LLC now owns 20,465 shares of the company’s stock worth $1,071,000 after buying an additional 3,163 shares in the last quarter.

SPDR Portfolio S&P 500 Value ETF Price Performance

Shares of NYSEARCA:SPYV opened at $55.81 on Thursday. The company’s 50-day moving average price is $55.20 and its two-hundred day moving average price is $52.99. SPDR Portfolio S&P 500 Value ETF has a one year low of $44.39 and a one year high of $56.75. The stock has a market capitalization of $30.16 billion, a PE ratio of 20.50 and a beta of 0.89.

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.