Michael S. Ryan Inc. Has $23.78 Million Position in SPDR Portfolio S&P 500 Value ETF (NYSEARCA:SPYV)

Michael S. Ryan Inc. boosted its position in SPDR Portfolio S&P 500 Value ETF (NYSEARCA:SPYV) by 3.6% during the fourth quarter, according to its most recent 13F filing with the SEC. The firm owned 465,026 shares of the company’s stock after acquiring an additional 16,049 shares during the period. SPDR Portfolio S&P 500 Value ETF accounts for approximately 16.2% of Michael S. Ryan Inc.’s portfolio, making the stock its largest holding. Michael S. Ryan Inc. owned approximately 0.11% of SPDR Portfolio S&P 500 Value ETF worth $23,781,000 at the end of the most recent quarter.

Several other institutional investors have also added to or reduced their stakes in SPYV. Strategic Financial Concepts LLC raised its holdings in shares of 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 valued at $423,000 after acquiring an additional 837,925 shares in the last quarter. Liberty Wealth Management LLC purchased a new position in SPDR Portfolio S&P 500 Value ETF in the second quarter worth $297,000. Redwood Financial Network Corp increased its stake in SPDR Portfolio S&P 500 Value ETF by 1.2% in the second quarter. Redwood Financial Network Corp now owns 26,303 shares of the company’s stock valued at $1,282,000 after acquiring an additional 314 shares during the last quarter. Headlands Technologies LLC purchased a new stake in SPDR Portfolio S&P 500 Value ETF during the second quarter valued at about $227,000. Finally, LPL Financial LLC raised its stake in shares of SPDR Portfolio S&P 500 Value ETF by 7.6% during the second quarter. LPL Financial LLC now owns 35,973,940 shares of the company’s stock valued at $1,753,370,000 after acquiring an additional 2,535,855 shares during the last quarter.

SPDR Portfolio S&P 500 Value ETF Stock Performance

Shares of NYSEARCA SPYV traded up $0.05 during trading hours on Wednesday, hitting $51.23. The company’s stock had a trading volume of 1,856,300 shares, compared to its average volume of 2,429,783. The business has a 50-day simple moving average of $53.10 and a 200-day simple moving average of $51.91. The stock has a market cap of $22.20 billion, a price-to-earnings ratio of 24.09 and a beta of 0.81. SPDR Portfolio S&P 500 Value ETF has a 12 month low of $45.64 and a 12 month high of $55.42.

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.