SPDR Portfolio S&P 500 Value ETF (NYSEARCA:SPYV) Shares Acquired by Penobscot Wealth Management

Penobscot Wealth Management grew its stake in shares of SPDR Portfolio S&P 500 Value ETF (NYSEARCA:SPYV) by 8.8% during the 2nd quarter, HoldingsChannel.com reports. The fund owned 92,736 shares of the company’s stock after purchasing an additional 7,538 shares during the quarter. SPDR Portfolio S&P 500 Value ETF accounts for about 2.7% of Penobscot Wealth Management’s holdings, making the stock its 8th biggest holding. Penobscot Wealth Management’s holdings in SPDR Portfolio S&P 500 Value ETF were worth $4,512,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors have also recently modified their holdings of SPYV. Narus Financial Partners LLC increased its stake in SPDR Portfolio S&P 500 Value ETF by 2.8% during the 2nd quarter. Narus Financial Partners LLC now owns 7,246 shares of the company’s stock valued at $353,000 after purchasing an additional 197 shares in the last quarter. Riverpoint Wealth Management Holdings LLC increased its position in shares of SPDR Portfolio S&P 500 Value ETF by 0.4% in the 4th quarter. Riverpoint Wealth Management Holdings LLC now owns 52,373 shares of the company’s stock valued at $2,442,000 after acquiring an additional 217 shares during the period. Trueblood Wealth Management LLC raised its stake in SPDR Portfolio S&P 500 Value ETF by 2.5% in the 1st quarter. Trueblood Wealth Management LLC now owns 8,885 shares of the company’s stock worth $445,000 after acquiring an additional 217 shares during the last quarter. Tortoise Investment Management LLC lifted its position in SPDR Portfolio S&P 500 Value ETF by 34.3% during the 4th quarter. Tortoise Investment Management LLC now owns 900 shares of the company’s stock worth $42,000 after acquiring an additional 230 shares during the period. Finally, Breakwater Capital Group grew its stake in SPDR Portfolio S&P 500 Value ETF by 0.4% during the 1st quarter. Breakwater Capital Group now owns 57,997 shares of the company’s stock valued at $2,906,000 after purchasing an additional 243 shares during the last quarter.

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

Shares of SPYV stock traded up $0.43 during mid-day trading on Friday, reaching $52.57. The stock had a trading volume of 1,909,823 shares, compared to its average volume of 2,618,713. SPDR Portfolio S&P 500 Value ETF has a 1-year low of $39.51 and a 1-year high of $52.61. The firm has a market cap of $22.78 billion, a price-to-earnings ratio of 24.09 and a beta of 0.81. The business’s fifty day moving average is $50.13 and its 200-day moving average is $49.23.

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.