SPDR Portfolio S&P 500 Value ETF $SPYV Shares Newly Bought by Madrid Financial Services

Madrid Financial Services purchased a new position in shares of SPDR Portfolio S&P 500 Value ETF (NYSEARCA:SPYV) in the third quarter, according to its most recent filing with the SEC. The firm purchased 187,980 shares of the company’s stock, valued at approximately $11,491,000. SPDR Portfolio S&P 500 Value ETF accounts for 6.7% of Madrid Financial Services’ portfolio, making the stock its 4th largest holding.

Several other hedge funds have also recently made changes to their positions in SPYV. StoneX Group Inc. acquired a new position in shares of SPDR Portfolio S&P 500 Value ETF in the 3rd quarter valued at about $457,000. Verus Capital Partners LLC boosted its position in shares of SPDR Portfolio S&P 500 Value ETF by 1.7% during the 3rd quarter. Verus Capital Partners LLC now owns 321,432 shares of the company’s stock valued at $19,649,000 after purchasing an additional 5,293 shares in the last quarter. Parallel Advisors LLC boosted its position in shares of SPDR Portfolio S&P 500 Value ETF by 186.1% during the 3rd quarter. Parallel Advisors LLC now owns 3,138 shares of the company’s stock valued at $192,000 after purchasing an additional 2,041 shares in the last quarter. Spectrum Advisors Inc. grew its stake in SPDR Portfolio S&P 500 Value ETF by 17.1% during the third quarter. Spectrum Advisors Inc. now owns 83,100 shares of the company’s stock worth $5,080,000 after purchasing an additional 12,162 shares during the period. Finally, Asset Dedication LLC acquired a new stake in SPDR Portfolio S&P 500 Value ETF during the third quarter worth approximately $69,000.

SPDR Portfolio S&P 500 Value ETF Price Performance

NYSEARCA SPYV opened at $63.07 on Friday. The stock has a market capitalization of $38.06 billion, a P/E ratio of 20.50 and a beta of 0.82. The business has a 50 day simple moving average of $62.92 and a 200 day simple moving average of $60.73. SPDR Portfolio S&P 500 Value ETF has a one year low of $54.44 and a one year high of $65.52.

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.