Compound Planning Inc. Acquires 30,732 Shares of SPDR Portfolio S&P 500 Value ETF $SPYV

Compound Planning Inc. grew its stake in shares of SPDR Portfolio S&P 500 Value ETF (NYSEARCA:SPYV) by 472.8% in the first quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 37,232 shares of the company’s stock after purchasing an additional 30,732 shares during the quarter. Compound Planning Inc.’s holdings in SPDR Portfolio S&P 500 Value ETF were worth $2,107,000 at the end of the most recent quarter.

A number of other hedge funds have also recently made changes to their positions in the stock. AQR Capital Management LLC boosted its position in SPDR Portfolio S&P 500 Value ETF by 13.9% in the 1st quarter. AQR Capital Management LLC now owns 65,816 shares of the company’s stock valued at $3,361,000 after buying an additional 8,012 shares during the period. Russell Investments Group Ltd. increased its position in shares of SPDR Portfolio S&P 500 Value ETF by 330.6% during the second quarter. Russell Investments Group Ltd. now owns 5,202 shares of the company’s stock worth $272,000 after acquiring an additional 3,994 shares during the period. Marshall Wace LLP purchased a new position in shares of SPDR Portfolio S&P 500 Value ETF during the second quarter worth approximately $3,008,000. Qube Research & Technologies Ltd raised its stake in shares of SPDR Portfolio S&P 500 Value ETF by 28.5% during the second quarter. Qube Research & Technologies Ltd now owns 10,800 shares of the company’s stock valued at $565,000 after acquiring an additional 2,394 shares in the last quarter. Finally, Peapack Gladstone Financial Corp bought a new stake in shares of SPDR Portfolio S&P 500 Value ETF during the second quarter valued at approximately $295,000.

SPDR Portfolio S&P 500 Value ETF Stock Performance

Shares of NYSEARCA SPYV opened at $61.94 on Friday. The firm has a market capitalization of $36.08 billion, a price-to-earnings ratio of 20.50 and a beta of 0.82. The stock has a 50 day moving average price of $61.13 and a 200 day moving average price of $59.29. SPDR Portfolio S&P 500 Value ETF has a 52-week low of $51.97 and a 52-week high of $62.55.

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.