SPDR Portfolio S&P 500 Value ETF $SPYV Stock: IFG Advisory LLC Raises Stake

IFG Advisory LLC raised its position in SPDR Portfolio S&P 500 Value ETF (NYSEARCA:SPYV) by 30.7% during the third quarter, Holdings Channel reports. The firm owned 317,119 shares of the company’s stock after purchasing an additional 74,467 shares during the period. SPDR Portfolio S&P 500 Value ETF comprises 0.6% of IFG Advisory LLC’s portfolio, making the stock its 25th largest holding. IFG Advisory LLC’s holdings in SPDR Portfolio S&P 500 Value ETF were worth $19,385,000 as of its most recent filing with the SEC.

Other hedge funds have also added to or reduced their stakes in the company. Valmark Advisers Inc. bought a new position in shares of SPDR Portfolio S&P 500 Value ETF during the 3rd quarter worth about $576,363,000. The Manufacturers Life Insurance Company increased its position in shares of SPDR Portfolio S&P 500 Value ETF by 1,807.9% during the second quarter. The Manufacturers Life Insurance Company now owns 6,312,030 shares of the company’s stock worth $383,708,000 after acquiring an additional 5,981,186 shares in the last quarter. Vantagepoint Investment Advisers LLC bought a new stake in shares of SPDR Portfolio S&P 500 Value ETF during the third quarter worth about $263,007,000. Allworth Financial LP raised its holdings in shares of SPDR Portfolio S&P 500 Value ETF by 20.8% in the 3rd quarter. Allworth Financial LP now owns 22,324,417 shares of the company’s stock worth $1,357,101,000 after acquiring an additional 3,848,059 shares during the last quarter. Finally, AlphaStar Capital Management LLC acquired a new stake in shares of SPDR Portfolio S&P 500 Value ETF in the 3rd quarter worth about $133,231,000.

SPDR Portfolio S&P 500 Value ETF Trading Up 0.2%

NYSEARCA SPYV traded up $0.12 during trading hours on Friday, hitting $64.85. The company’s stock had a trading volume of 2,079,366 shares, compared to its average volume of 2,908,045. SPDR Portfolio S&P 500 Value ETF has a 52 week low of $54.44 and a 52 week high of $65.52. The company has a market capitalization of $38.95 billion, a PE ratio of 22.31 and a beta of 0.82. The company’s 50-day simple moving average is $63.04 and its two-hundred day simple moving average is $60.89.

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.