Lynch & Associates IN Has $5.50 Million Position in SPDR Portfolio S&P 500 Value ETF (NYSEARCA:SPYV)

Lynch & Associates IN cut its holdings in shares of SPDR Portfolio S&P 500 Value ETF (NYSEARCA:SPYV) by 0.5% during the 2nd quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 127,271 shares of the company’s stock after selling 643 shares during the period. SPDR Portfolio S&P 500 Value ETF comprises approximately 1.4% of Lynch & Associates IN’s portfolio, making the stock its 25th largest position. Lynch & Associates IN’s holdings in SPDR Portfolio S&P 500 Value ETF were worth $5,498,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also recently added to or reduced their stakes in SPYV. Deutsche Bank AG acquired a new position in shares of SPDR Portfolio S&P 500 Value ETF in the 4th quarter worth approximately $25,000. Capital Investment Advisory Services LLC grew its holdings in SPDR Portfolio S&P 500 Value ETF by 127.6% during the 1st quarter. Capital Investment Advisory Services LLC now owns 644 shares of the company’s stock worth $26,000 after acquiring an additional 361 shares during the period. First Horizon Advisors Inc. raised its position in shares of SPDR Portfolio S&P 500 Value ETF by 212.8% in the 4th quarter. First Horizon Advisors Inc. now owns 710 shares of the company’s stock worth $28,000 after acquiring an additional 483 shares in the last quarter. Parallel Advisors LLC lifted its stake in shares of SPDR Portfolio S&P 500 Value ETF by 82,300.0% in the 1st quarter. Parallel Advisors LLC now owns 824 shares of the company’s stock valued at $34,000 after purchasing an additional 823 shares during the period. Finally, Carolinas Wealth Consulting LLC acquired a new stake in SPDR Portfolio S&P 500 Value ETF during the first quarter worth approximately $36,000.

SPDR Portfolio S&P 500 Value ETF Price Performance

Shares of NYSEARCA:SPYV traded down $0.27 during trading on Tuesday, reaching $42.71. 729,112 shares of the stock were exchanged, compared to its average volume of 2,365,979. The stock has a fifty day moving average of $43.62 and a two-hundred day moving average of $41.95. SPDR Portfolio S&P 500 Value ETF has a 1-year low of $34.17 and a 1-year high of $44.91. The firm has a market cap of $16.08 billion, a price-to-earnings ratio of 13.69 and a beta of 0.94.

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.