Hofer & Associates. Inc Has $9.80 Million Holdings in SPDR Portfolio S&P 500 Value ETF (NYSEARCA:SPYV)

Hofer & Associates. Inc boosted its stake in shares of SPDR Portfolio S&P 500 Value ETF (NYSEARCA:SPYV) by 1.0% in the second quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 200,959 shares of the company’s stock after purchasing an additional 2,031 shares during the quarter. SPDR Portfolio S&P 500 Value ETF comprises approximately 7.6% of Hofer & Associates. Inc’s investment portfolio, making the stock its 2nd biggest position. Hofer & Associates. Inc’s holdings in SPDR Portfolio S&P 500 Value ETF were worth $9,795,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. Gradient Investments LLC lifted its holdings in shares of SPDR Portfolio S&P 500 Value ETF by 2,128.6% during the second quarter. Gradient Investments LLC now owns 25,674 shares of the company’s stock worth $1,251,000 after buying an additional 24,522 shares in the last quarter. Blue Trust Inc. acquired a new stake in shares of SPDR Portfolio S&P 500 Value ETF during the 2nd quarter worth approximately $67,000. Baker Tilly Wealth Management LLC lifted its holdings in shares of SPDR Portfolio S&P 500 Value ETF by 12.9% in the 2nd quarter. Baker Tilly Wealth Management LLC now owns 19,899 shares of the company’s stock worth $970,000 after purchasing an additional 2,276 shares in the last quarter. Portside Wealth Group LLC lifted its stake in SPDR Portfolio S&P 500 Value ETF by 42.0% during the 2nd quarter. Portside Wealth Group LLC now owns 156,374 shares of the company’s stock valued at $7,622,000 after acquiring an additional 46,227 shares in the last quarter. Finally, Triad Wealth Partners LLC purchased a new stake in shares of SPDR Portfolio S&P 500 Value ETF during the 2nd quarter valued at $38,000.

SPDR Portfolio S&P 500 Value ETF Price Performance

Shares of SPDR Portfolio S&P 500 Value ETF stock traded up $0.19 during trading hours on Friday, hitting $50.96. 1,747,051 shares of the company’s stock traded hands, compared to its average volume of 2,591,206. SPDR Portfolio S&P 500 Value ETF has a 12-month low of $39.51 and a 12-month high of $51.43. The stock has a market capitalization of $22.09 billion, a price-to-earnings ratio of 24.09 and a beta of 0.81. The company has a fifty day simple moving average of $49.58 and a 200-day simple moving average of $48.91.

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.