Hills Bank & Trust Co Raises Position in SPDR Portfolio S&P 500 Value ETF (NYSEARCA:SPYV)

Hills Bank & Trust Co grew its holdings in shares of SPDR Portfolio S&P 500 Value ETF (NYSEARCA:SPYV) by 7.0% during the third quarter, HoldingsChannel reports. The firm owned 193,716 shares of the company’s stock after purchasing an additional 12,682 shares during the quarter. SPDR Portfolio S&P 500 Value ETF accounts for approximately 0.8% of Hills Bank & Trust Co’s investment portfolio, making the stock its 29th largest holding. Hills Bank & Trust Co’s holdings in SPDR Portfolio S&P 500 Value ETF were worth $10,240,000 as of its most recent SEC filing.

Other large investors also recently made changes to their positions in the company. Kovack Advisors Inc. increased its holdings in shares of SPDR Portfolio S&P 500 Value ETF by 7.0% during the 1st quarter. Kovack Advisors Inc. now owns 7,258 shares of the company’s stock worth $364,000 after buying an additional 474 shares during the last quarter. Mission Wealth Management LP acquired a new stake in shares of SPDR Portfolio S&P 500 Value ETF during the 1st quarter worth $712,000. Janney Montgomery Scott LLC increased its holdings in shares of SPDR Portfolio S&P 500 Value ETF by 7.1% during the 1st quarter. Janney Montgomery Scott LLC now owns 1,366,554 shares of the company’s stock worth $68,464,000 after buying an additional 91,140 shares during the last quarter. 1834 Investment Advisors Co. increased its holdings in shares of SPDR Portfolio S&P 500 Value ETF by 1.7% during the 1st quarter. 1834 Investment Advisors Co. now owns 253,301 shares of the company’s stock worth $12,690,000 after buying an additional 4,275 shares during the last quarter. Finally, Connecticut Wealth Management LLC increased its holdings in SPDR Portfolio S&P 500 Value ETF by 2.6% in the 1st quarter. Connecticut Wealth Management LLC now owns 2,382,401 shares of the company’s stock valued at $119,358,000 after purchasing an additional 60,173 shares in the last quarter.

SPDR Portfolio S&P 500 Value ETF Trading Down 0.6 %

Shares of NYSEARCA SPYV opened at $52.19 on Friday. SPDR Portfolio S&P 500 Value ETF has a 12-month low of $40.15 and a 12-month high of $53.93. The company has a market cap of $22.62 billion, a P/E ratio of 24.09 and a beta of 0.81. The stock has a fifty day moving average price of $52.54 and a 200 day moving average price of $50.44.

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.