12,162 SPDR Portfolio S&P 500 Value ETF $SPYV Shares Acquired by Spectrum Advisors Inc.

Spectrum Advisors Inc. lifted its holdings in SPDR Portfolio S&P 500 Value ETF (NYSEARCA:SPYV) by 17.1% during the 3rd quarter, Holdings Channel.com reports. The firm owned 83,100 shares of the company’s stock after buying an additional 12,162 shares during the period. SPDR Portfolio S&P 500 Value ETF makes up about 3.6% of Spectrum Advisors Inc.’s investment portfolio, making the stock its 9th largest position. Spectrum Advisors Inc.’s holdings in SPDR Portfolio S&P 500 Value ETF were worth $5,080,000 as of its most recent filing with the Securities & Exchange Commission.

Other hedge funds and other institutional investors have also added to or reduced their stakes in the company. Asset Dedication LLC bought a new stake in SPDR Portfolio S&P 500 Value ETF in the third quarter worth about $69,000. United Advisor Group LLC grew its stake in SPDR Portfolio S&P 500 Value ETF by 1.7% in the third quarter. United Advisor Group LLC now owns 101,279 shares of the company’s stock valued at $6,191,000 after purchasing an additional 1,706 shares during the last quarter. Summit Investment Advisory Services LLC raised its stake in SPDR Portfolio S&P 500 Value ETF by 1.1% in the third quarter. Summit Investment Advisory Services LLC now owns 30,752 shares of the company’s stock valued at $1,880,000 after buying an additional 327 shares during the last quarter. Phoenix Wealth Advisors lifted its stake in shares of SPDR Portfolio S&P 500 Value ETF by 4.6% during the third quarter. Phoenix Wealth Advisors now owns 100,737 shares of the company’s stock worth $6,158,000 after buying an additional 4,407 shares during the period. Finally, International Assets Investment Management LLC raised its stake in shares of SPDR Portfolio S&P 500 Value ETF by 5.3% in the third quarter. International Assets Investment Management LLC now owns 10,047 shares of the company’s stock worth $615,000 after purchasing an additional 502 shares during the last quarter.

SPDR Portfolio S&P 500 Value ETF Stock Down 0.4%

Shares of NYSEARCA:SPYV traded down $0.25 during midday trading on Friday, reaching $63.07. The company’s stock had a trading volume of 3,047,160 shares, compared to its average volume of 2,924,325. The stock has a fifty day moving average of $62.92 and a 200 day moving average of $60.73. The firm has a market capitalization of $38.06 billion, a PE ratio of 20.50 and a beta of 0.82. SPDR Portfolio S&P 500 Value ETF has a twelve month low of $54.44 and a twelve month high of $65.52.

About SPDR Portfolio S&P 500 Value ETF

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.