Optivise Advisory Services LLC Takes $1.62 Million Position in SPDR Portfolio S&P 500 Value ETF (NYSEARCA:SPYV)

Optivise Advisory Services LLC bought a new position in SPDR Portfolio S&P 500 Value ETF (NYSEARCA:SPYV) in the 3rd quarter, Holdings Channel reports. The firm bought 30,699 shares of the company’s stock, valued at approximately $1,623,000.

Other large investors have also recently made changes to their positions in the company. Narus Financial Partners LLC boosted its position in shares of SPDR Portfolio S&P 500 Value ETF by 2.8% during the second quarter. Narus Financial Partners LLC now owns 7,246 shares of the company’s stock valued at $353,000 after buying an additional 197 shares during the period. Venturi Wealth Management LLC increased its stake in SPDR Portfolio S&P 500 Value ETF by 18.0% in the third quarter. Venturi Wealth Management LLC now owns 1,324 shares of the company’s stock worth $70,000 after purchasing an additional 202 shares during the period. MAI Capital Management grew its holdings in shares of SPDR Portfolio S&P 500 Value ETF by 1.5% in the third quarter. MAI Capital Management now owns 16,614 shares of the company’s stock worth $878,000 after purchasing an additional 243 shares during the last quarter. Mcdonald Partners LLC increased its stake in SPDR Portfolio S&P 500 Value ETF by 2.1% in the 2nd quarter. Mcdonald Partners LLC now owns 12,452 shares of the company’s stock worth $607,000 after buying an additional 256 shares during the period. Finally, Cahaba Wealth Management Inc. increased its stake in SPDR Portfolio S&P 500 Value ETF by 3.6% in the 2nd quarter. Cahaba Wealth Management Inc. now owns 7,622 shares of the company’s stock worth $371,000 after buying an additional 263 shares during the period.

SPDR Portfolio S&P 500 Value ETF Price Performance

SPDR Portfolio S&P 500 Value ETF stock opened at $54.66 on Friday. The stock has a market cap of $23.69 billion, a price-to-earnings ratio of 24.09 and a beta of 0.81. The firm has a 50-day moving average of $53.03 and a two-hundred day moving average of $51.01. SPDR Portfolio S&P 500 Value ETF has a 1 year low of $43.93 and a 1 year high of $54.72.

About SPDR Portfolio S&P 500 Value ETF

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.