MidAtlantic Capital Management Inc. Takes Position in SPDR Portfolio S&P 500 Value ETF (NYSEARCA:SPYV)

MidAtlantic Capital Management Inc. acquired a new stake in SPDR Portfolio S&P 500 Value ETF (NYSEARCA:SPYV) during the 3rd quarter, Holdings Channel reports. The firm acquired 80,100 shares of the company’s stock, valued at approximately $4,234,000. SPDR Portfolio S&P 500 Value ETF comprises approximately 3.1% of MidAtlantic Capital Management Inc.’s portfolio, making the stock its 9th largest position.

Other large investors have also made changes to their positions in the company. Private Advisor Group LLC lifted its position in shares of SPDR Portfolio S&P 500 Value ETF by 4.6% in the third quarter. Private Advisor Group LLC now owns 2,761,731 shares of the company’s stock valued at $145,985,000 after acquiring an additional 121,974 shares in the last quarter. ORG Wealth Partners LLC bought a new stake in shares of SPDR Portfolio S&P 500 Value ETF in the third quarter worth about $33,000. Williams Financial LLC increased its holdings in shares of SPDR Portfolio S&P 500 Value ETF by 6,166.3% in the second 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 last quarter. Lynch & Associates IN increased its holdings in shares of SPDR Portfolio S&P 500 Value ETF by 3.7% in the second quarter. Lynch & Associates IN now owns 139,809 shares of the company’s stock worth $6,814,000 after purchasing an additional 5,030 shares during the last quarter. Finally, Asset Management Group Inc. increased its holdings in shares of SPDR Portfolio S&P 500 Value ETF by 1.7% in the second quarter. Asset Management Group Inc. now owns 91,834 shares of the company’s stock worth $4,476,000 after purchasing an additional 1,525 shares during the last quarter.

SPDR Portfolio S&P 500 Value ETF Trading Up 2.7 %

Shares of SPYV stock opened at $54.95 on Monday. SPDR Portfolio S&P 500 Value ETF has a 12-month low of $43.58 and a 12-month high of $54.95. The stock’s 50-day moving average price is $52.86 and its 200-day moving average price is $50.90. The stock has a market capitalization of $23.82 billion, a price-to-earnings ratio of 24.09 and a beta of 0.81.

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.