Founders Financial Securities LLC Grows Stock Holdings in SPDR Portfolio S&P 500 Value ETF $SPYV

Founders Financial Securities LLC boosted its holdings in shares of SPDR Portfolio S&P 500 Value ETF (NYSEARCA:SPYV) by 5.1% in the 1st quarter, Holdings Channel reports. The firm owned 1,450,889 shares of the company’s stock after buying an additional 70,613 shares during the period. SPDR Portfolio S&P 500 Value ETF makes up approximately 5.1% of Founders Financial Securities LLC’s portfolio, making the stock its 2nd largest holding. Founders Financial Securities LLC’s holdings in SPDR Portfolio S&P 500 Value ETF were worth $84,384,000 as of its most recent SEC filing.

A number of other large investors have also recently added to or reduced their stakes in the business. Key Capital Management INC bought a new position in shares of SPDR Portfolio S&P 500 Value ETF in the fourth quarter valued at $25,000. Highline Wealth Partners LLC lifted its position in shares of SPDR Portfolio S&P 500 Value ETF by 229.2% during the 4th quarter. Highline Wealth Partners LLC now owns 451 shares of the company’s stock valued at $26,000 after acquiring an additional 314 shares during the last quarter. Thurston Springer Miller Herd & Titak Inc. bought a new stake in shares of SPDR Portfolio S&P 500 Value ETF during the 4th quarter worth $26,000. Triumph Capital Management bought a new stake in shares of SPDR Portfolio S&P 500 Value ETF during the 3rd quarter worth $30,000. Finally, CENTRAL TRUST Co grew its holdings in shares of SPDR Portfolio S&P 500 Value ETF by 191.2% in the 4th quarter. CENTRAL TRUST Co now owns 527 shares of the company’s stock worth $30,000 after acquiring an additional 346 shares during the last quarter.

SPDR Portfolio S&P 500 Value ETF Price Performance

Shares of NYSEARCA SPYV opened at $60.87 on Friday. The stock’s fifty day simple moving average is $60.07 and its 200 day simple moving average is $58.53. The stock has a market capitalization of $34.21 billion, a price-to-earnings ratio of 20.50 and a beta of 0.82. SPDR Portfolio S&P 500 Value ETF has a 52-week low of $50.82 and a 52-week high of $61.87.

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.