Liberty Wealth Management LLC Makes New $297,000 Investment in SPDR Portfolio S&P 500 Value ETF (NYSEARCA:SPYV)

Liberty Wealth Management LLC acquired a new stake in SPDR Portfolio S&P 500 Value ETF (NYSEARCA:SPYV) during the 2nd quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor acquired 6,096 shares of the company’s stock, valued at approximately $297,000.

Other hedge funds and other institutional investors have also recently made changes to their positions in the company. Williams Financial LLC grew its position in SPDR Portfolio S&P 500 Value ETF by 6,166.3% during the 2nd quarter. Williams Financial LLC now owns 42,988,918 shares of the company’s stock worth $2,101,241,000 after purchasing an additional 42,302,888 shares during the period. Envestnet Asset Management Inc. raised its position in SPDR Portfolio S&P 500 Value ETF by 202.2% during the fourth quarter. Envestnet Asset Management Inc. now owns 13,117,502 shares of the company’s stock valued at $611,669,000 after acquiring an additional 8,776,348 shares in the last quarter. Dynasty Wealth Management LLC purchased a new stake in SPDR Portfolio S&P 500 Value ETF during the first quarter worth $152,867,000. Quotient Wealth Partners LLC acquired a new position in shares of SPDR Portfolio S&P 500 Value ETF during the 4th quarter worth approximately $109,990,000. Finally, Cetera Investment Advisers grew its position in shares of SPDR Portfolio S&P 500 Value ETF by 209.0% in the first quarter. Cetera Investment Advisers now owns 2,530,967 shares of the company’s stock valued at $126,801,000 after purchasing an additional 1,711,930 shares during the period.

SPDR Portfolio S&P 500 Value ETF Price Performance

Shares of NYSEARCA:SPYV opened at $51.78 on Tuesday. SPDR Portfolio S&P 500 Value ETF has a 1 year low of $39.51 and a 1 year high of $52.61. The firm has a market capitalization of $22.44 billion, a PE ratio of 24.09 and a beta of 0.81. The business’s 50 day moving average price is $50.50 and its 200-day moving average price is $49.45.

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.