Diversify Wealth Management LLC Purchases Shares of 386,320 SPDR Portfolio S&P 500 Value ETF (NYSEARCA:SPYV)

Diversify Wealth Management LLC acquired a new stake in shares of SPDR Portfolio S&P 500 Value ETF (NYSEARCA:SPYV) during the 2nd quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor acquired 386,320 shares of the company’s stock, valued at approximately $18,860,000. SPDR Portfolio S&P 500 Value ETF accounts for 2.2% of Diversify Wealth Management LLC’s investment portfolio, making the stock its 5th largest holding. Diversify Wealth Management LLC owned approximately 0.09% of SPDR Portfolio S&P 500 Value ETF as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other institutional investors and hedge funds also recently made changes to their positions in SPYV. Williams Financial LLC lifted its holdings in shares of SPDR Portfolio S&P 500 Value ETF by 0.5% in the 2nd quarter. Williams Financial LLC now owns 689,786 shares of the company’s stock worth $33,620,000 after purchasing an additional 3,756 shares in the last quarter. SilverOak Wealth Management LLC raised its holdings in SPDR Portfolio S&P 500 Value ETF by 6.5% during the second quarter. SilverOak Wealth Management LLC now owns 307,564 shares of the company’s stock worth $14,991,000 after buying an additional 18,725 shares during the last quarter. American Financial & Tax Strategies Inc. lifted its stake in shares of SPDR Portfolio S&P 500 Value ETF by 3.8% in the second quarter. American Financial & Tax Strategies Inc. now owns 130,472 shares of the company’s stock valued at $6,359,000 after buying an additional 4,729 shares in the last quarter. Inspire Advisors LLC grew its holdings in shares of SPDR Portfolio S&P 500 Value ETF by 287.9% during the second quarter. Inspire Advisors LLC now owns 34,550 shares of the company’s stock valued at $1,684,000 after buying an additional 25,642 shares during the last quarter. Finally, Envestnet Asset Management Inc. increased its position in shares of SPDR Portfolio S&P 500 Value ETF by 4.4% during the second quarter. Envestnet Asset Management Inc. now owns 4,378,992 shares of the company’s stock worth $213,432,000 after acquiring an additional 183,903 shares in the last quarter.

SPDR Portfolio S&P 500 Value ETF Stock Performance

Shares of NYSEARCA SPYV opened at $52.07 on Friday. The stock has a market cap of $22.57 billion, a price-to-earnings ratio of 24.09 and a beta of 0.81. SPDR Portfolio S&P 500 Value ETF has a fifty-two week low of $39.51 and a fifty-two week high of $52.61. The firm’s 50-day simple moving average is $50.75 and its 200 day simple moving average is $49.54.

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.