Commonwealth Equity Services LLC Grows Stock Holdings in SPDR Portfolio S&P 500 Value ETF (NYSEARCA:SPYV)

Commonwealth Equity Services LLC lifted its position in shares of SPDR Portfolio S&P 500 Value ETF (NYSEARCA:SPYV) by 18.1% in the 2nd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 1,219,518 shares of the company’s stock after purchasing an additional 187,248 shares during the period. Commonwealth Equity Services LLC’s holdings in SPDR Portfolio S&P 500 Value ETF were worth $59,439,000 at the end of the most recent reporting period.

Other institutional investors have also modified their holdings of the company. Brogan Financial Inc. acquired a new stake in SPDR Portfolio S&P 500 Value ETF during the 4th quarter worth $279,000. Northwest Financial Advisors acquired a new stake in SPDR Portfolio S&P 500 Value ETF during the 4th quarter worth $543,000. Chicago Partners Investment Group LLC raised its stake in SPDR Portfolio S&P 500 Value ETF by 2.1% during the 4th quarter. Chicago Partners Investment Group LLC now owns 32,190 shares of the company’s stock worth $1,493,000 after acquiring an additional 665 shares in the last quarter. MGO One Seven LLC raised its stake in SPDR Portfolio S&P 500 Value ETF by 25.3% during the 4th quarter. MGO One Seven LLC now owns 108,470 shares of the company’s stock worth $5,058,000 after acquiring an additional 21,869 shares in the last quarter. Finally, Level Four Advisory Services LLC increased its stake in SPDR Portfolio S&P 500 Value ETF by 4.3% in the fourth quarter. Level Four Advisory Services LLC now owns 119,601 shares of the company’s stock valued at $5,577,000 after purchasing an additional 4,966 shares during the period.

SPDR Portfolio S&P 500 Value ETF Stock Performance

NYSEARCA SPYV traded up $0.43 during trading on Friday, reaching $52.57. The company’s stock had a trading volume of 1,910,128 shares, compared to its average volume of 2,618,713. The firm has a market cap of $22.78 billion, a price-to-earnings ratio of 24.09 and a beta of 0.81. SPDR Portfolio S&P 500 Value ETF has a twelve month low of $39.51 and a twelve month high of $52.61. The business’s fifty day moving average price is $50.13 and its 200-day moving average price is $49.23.

SPDR Portfolio S&P 500 Value ETF Company 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.