SPDR Portfolio S&P 500 Value ETF (NYSEARCA:SPYV) is Riversedge Advisors LLC’s 4th Largest Position

Riversedge Advisors LLC raised its holdings in shares of SPDR Portfolio S&P 500 Value ETF (NYSEARCA:SPYV) by 1.1% during the third quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 540,478 shares of the company’s stock after acquiring an additional 5,957 shares during the period. SPDR Portfolio S&P 500 Value ETF comprises approximately 6.5% of Riversedge Advisors LLC’s portfolio, making the stock its 4th biggest holding. Riversedge Advisors LLC owned about 0.12% of SPDR Portfolio S&P 500 Value ETF worth $28,570,000 at the end of the most recent quarter.

Other large investors have also recently made changes to their positions in the company. Kayne Anderson Rudnick Investment Management LLC boosted its holdings in SPDR Portfolio S&P 500 Value ETF by 227.0% during the 2nd quarter. Kayne Anderson Rudnick Investment Management LLC now owns 582 shares of the company’s stock valued at $28,000 after acquiring an additional 404 shares during the period. Crewe Advisors LLC purchased a new stake in shares of SPDR Portfolio S&P 500 Value ETF during the first quarter valued at approximately $29,000. Olistico Wealth LLC bought a new position in shares of SPDR Portfolio S&P 500 Value ETF in the second quarter worth approximately $30,000. EdgeRock Capital LLC purchased a new position in shares of SPDR Portfolio S&P 500 Value ETF in the second quarter worth $30,000. Finally, ORG Wealth Partners LLC bought a new stake in SPDR Portfolio S&P 500 Value ETF during the 3rd quarter valued at $33,000.

SPDR Portfolio S&P 500 Value ETF Price Performance

SPDR Portfolio S&P 500 Value ETF stock traded down $0.06 during trading hours on Thursday, reaching $53.77. The stock had a trading volume of 656,479 shares, compared to its average volume of 2,571,660. The company has a fifty day simple moving average of $51.99 and a 200-day simple moving average of $50.14. SPDR Portfolio S&P 500 Value ETF has a 52 week low of $39.51 and a 52 week high of $53.89. The stock has a market cap of $23.30 billion, a PE ratio of 24.09 and a beta of 0.81.

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.