Cynosure Group LLC Purchases 16,794 Shares of SPDR Portfolio S&P 500 Value ETF (NYSEARCA:SPYV)

Cynosure Group LLC raised its position in shares of SPDR Portfolio S&P 500 Value ETF (NYSEARCA:SPYV) by 6.6% in the third quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 272,233 shares of the company’s stock after acquiring an additional 16,794 shares during the period. SPDR Portfolio S&P 500 Value ETF makes up 2.1% of Cynosure Group LLC’s portfolio, making the stock its 11th biggest holding. Cynosure Group LLC owned approximately 0.06% of SPDR Portfolio S&P 500 Value ETF worth $14,390,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors also recently made changes to their positions in SPYV. Williams Financial LLC grew its holdings in SPDR Portfolio S&P 500 Value ETF by 6,166.3% in the 2nd quarter. Williams Financial LLC now owns 42,988,918 shares of the company’s stock valued at $2,101,241,000 after buying an additional 42,302,888 shares during the last quarter. LPL Financial LLC increased its position in SPDR Portfolio S&P 500 Value ETF by 8.8% during the third quarter. LPL Financial LLC now owns 39,150,619 shares of the company’s stock worth $2,069,502,000 after acquiring an additional 3,176,679 shares during the period. Cetera Investment Advisers raised its stake in SPDR Portfolio S&P 500 Value ETF by 209.0% during the 1st quarter. Cetera Investment Advisers now owns 2,530,967 shares of the company’s stock valued at $126,801,000 after purchasing an additional 1,711,930 shares during the last quarter. Flagship Harbor Advisors LLC bought a new stake in SPDR Portfolio S&P 500 Value ETF in the 3rd quarter valued at $84,057,000. Finally, Strategic Financial Concepts LLC grew its position in SPDR Portfolio S&P 500 Value ETF by 2,863.3% in the 2nd quarter. Strategic Financial Concepts LLC now owns 867,189 shares of the company’s stock worth $423,000 after purchasing an additional 837,925 shares during the last quarter.

SPDR Portfolio S&P 500 Value ETF Stock Performance

Shares of SPYV opened at $55.06 on Wednesday. The company has a 50-day simple moving average of $53.19 and a 200-day simple moving average of $51.17. SPDR Portfolio S&P 500 Value ETF has a 52 week low of $43.93 and a 52 week high of $55.22. The firm has a market capitalization of $23.86 billion, a P/E 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.