Mather Group LLC. Grows Stock Position in SPDR Portfolio S&P 500 Value ETF (NYSEARCA:SPYV)

Mather Group LLC. lifted its stake in SPDR Portfolio S&P 500 Value ETF (NYSEARCA:SPYV) by 330.2% during the 2nd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm owned 10,175 shares of the company’s stock after buying an additional 7,810 shares during the period. Mather Group LLC.’s holdings in SPDR Portfolio S&P 500 Value ETF were worth $510,000 as of its most recent SEC filing.

Other large investors have also recently modified their holdings of the company. Crewe Advisors LLC purchased a new position in shares of SPDR Portfolio S&P 500 Value ETF in the first quarter worth about $29,000. EdgeRock Capital LLC purchased a new position in shares of SPDR Portfolio S&P 500 Value ETF in the fourth quarter worth about $29,000. Salem Investment Counselors Inc. purchased a new position in shares of SPDR Portfolio S&P 500 Value ETF in the first quarter worth about $35,000. Vima LLC purchased a new position in shares of SPDR Portfolio S&P 500 Value ETF in the fourth quarter worth about $36,000. Finally, Creekmur Asset Management LLC purchased a new position in shares of SPDR Portfolio S&P 500 Value ETF in the fourth quarter worth about $37,000.

SPDR Portfolio S&P 500 Value ETF Stock Up 0.8 %

Shares of SPYV traded up $0.39 during trading hours on Tuesday, hitting $49.21. The company had a trading volume of 6,317,753 shares, compared to its average volume of 2,625,710. The firm has a market cap of $21.33 billion, a P/E ratio of 24.09 and a beta of 0.81. SPDR Portfolio S&P 500 Value ETF has a 52-week low of $39.51 and a 52-week high of $51.43. The stock’s 50 day moving average price is $49.41 and its 200 day moving average price is $48.73.

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.