Hofer & Associates. Inc Has $10.81 Million Stock Holdings in SPDR Portfolio S&P 500 Value ETF (NYSEARCA:SPYV)

Hofer & Associates. Inc increased its holdings in SPDR Portfolio S&P 500 Value ETF (NYSEARCA:SPYV) by 1.8% in the 3rd quarter, HoldingsChannel.com reports. The fund owned 204,515 shares of the company’s stock after buying an additional 3,556 shares during the period. SPDR Portfolio S&P 500 Value ETF comprises about 7.5% of Hofer & Associates. Inc’s holdings, making the stock its 3rd biggest position. Hofer & Associates. Inc’s holdings in SPDR Portfolio S&P 500 Value ETF were worth $10,811,000 as of its most recent filing with the Securities & Exchange Commission.

Several other institutional investors also recently modified their holdings of the business. Fisher Asset Management LLC bought a new position in SPDR Portfolio S&P 500 Value ETF during the fourth quarter valued at $201,000. PNC Financial Services Group Inc. increased its position in SPDR Portfolio S&P 500 Value ETF by 5.8% in the fourth quarter. PNC Financial Services Group Inc. now owns 9,955 shares of the company’s stock worth $464,000 after buying an additional 543 shares during the last quarter. Salem Investment Counselors Inc. purchased a new stake in SPDR Portfolio S&P 500 Value ETF in the first quarter worth $35,000. Priebe Wealth Holdings LLC increased its position in SPDR Portfolio S&P 500 Value ETF by 1.2% in the first quarter. Priebe Wealth Holdings LLC now owns 77,591 shares of the company’s stock worth $3,887,000 after buying an additional 936 shares during the last quarter. Finally, Elevated Capital Advisors LLC increased its position in SPDR Portfolio S&P 500 Value ETF by 109.5% in the first quarter. Elevated Capital Advisors LLC now owns 16,769 shares of the company’s stock worth $840,000 after buying an additional 8,765 shares during the last quarter.

SPDR Portfolio S&P 500 Value ETF Stock Performance

NYSEARCA:SPYV traded down $0.10 during trading hours on Tuesday, reaching $53.25. The stock had a trading volume of 1,629,977 shares, compared to its average volume of 2,567,546. The stock has a 50 day simple moving average of $52.23 and a 200 day simple moving average of $50.24. SPDR Portfolio S&P 500 Value ETF has a 12-month low of $39.51 and a 12-month high of $53.93. The stock has a market cap of $23.08 billion, a P/E ratio of 24.09 and a beta of 0.81.

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.