SPDR Portfolio S&P 500 Value ETF (NYSEARCA:SPYV) Shares Purchased by Summit Financial LLC

Summit Financial LLC grew its position in shares of SPDR Portfolio S&P 500 Value ETF (NYSEARCA:SPYV) by 62.8% in the 4th quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 111,537 shares of the company’s stock after acquiring an additional 43,007 shares during the quarter. Summit Financial LLC’s holdings in SPDR Portfolio S&P 500 Value ETF were worth $5,201,000 as of its most recent filing with the SEC.

Several other institutional investors have also modified their holdings of SPYV. Commonwealth Equity Services LLC boosted its position in SPDR Portfolio S&P 500 Value ETF by 4.8% during the 3rd quarter. Commonwealth Equity Services LLC now owns 974,498 shares of the company’s stock worth $40,208,000 after acquiring an additional 44,583 shares during the period. Accurate Wealth Management LLC acquired a new stake in SPDR Portfolio S&P 500 Value ETF in the third quarter worth about $266,000. Arbor Investment Advisors LLC acquired a new position in SPDR Portfolio S&P 500 Value ETF during the 3rd quarter valued at about $249,000. Raymond James & Associates increased its stake in SPDR Portfolio S&P 500 Value ETF by 1.0% during the 3rd quarter. Raymond James & Associates now owns 545,715 shares of the company’s stock valued at $22,516,000 after buying an additional 5,555 shares during the period. Finally, 1834 Investment Advisors Co. raised its position in shares of SPDR Portfolio S&P 500 Value ETF by 16.7% during the 3rd quarter. 1834 Investment Advisors Co. now owns 211,594 shares of the company’s stock worth $8,730,000 after buying an additional 30,234 shares in the last quarter.

SPDR Portfolio S&P 500 Value ETF Price Performance

Shares of SPDR Portfolio S&P 500 Value ETF stock traded down $0.10 on Wednesday, hitting $47.86. The company had a trading volume of 4,709,382 shares, compared to its average volume of 2,647,655. SPDR Portfolio S&P 500 Value ETF has a 52 week low of $39.51 and a 52 week high of $50.20. The company has a market cap of $20.62 billion, a PE ratio of 23.25 and a beta of 0.84. The business has a 50-day simple moving average of $48.67 and a 200-day simple moving average of $46.21.

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.