72,093 Shares in SPDR Portfolio S&P 500 Value ETF $SPYV Bought by Eclectic Associates Inc. ADV

Eclectic Associates Inc. ADV purchased a new stake in SPDR Portfolio S&P 500 Value ETF (NYSEARCA:SPYV) during the third quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor purchased 72,093 shares of the company’s stock, valued at approximately $4,407,000.

Several other hedge funds have also added to or reduced their stakes in the business. The Manufacturers Life Insurance Company increased its holdings in shares of SPDR Portfolio S&P 500 Value ETF by 1,807.9% in the second quarter. The Manufacturers Life Insurance Company now owns 6,312,030 shares of the company’s stock valued at $383,708,000 after purchasing an additional 5,981,186 shares during the last quarter. 71 West Capital Partners bought a new position in shares of SPDR Portfolio S&P 500 Value ETF in the fourth quarter valued at about $59,561,000. Diversify Wealth Management LLC lifted its stake in shares of SPDR Portfolio S&P 500 Value ETF by 48.7% during the 1st quarter. Diversify Wealth Management LLC now owns 2,618,389 shares of the company’s stock worth $154,878,000 after buying an additional 857,802 shares during the last quarter. Navigation Group LLC acquired a new stake in shares of SPDR Portfolio S&P 500 Value ETF during the 1st quarter worth about $30,815,000. Finally, Hamilton Capital LLC bought a new stake in shares of SPDR Portfolio S&P 500 Value ETF during the 3rd quarter worth about $31,621,000.

SPDR Portfolio S&P 500 Value ETF Stock Performance

Shares of SPYV opened at $62.19 on Friday. SPDR Portfolio S&P 500 Value ETF has a 52 week low of $54.24 and a 52 week high of $64.26. The firm has a market cap of $36.23 billion, a P/E ratio of 20.50 and a beta of 0.82. The firm’s 50-day simple moving average is $62.80 and its 200 day simple moving average is $61.00.

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. 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.