Frazier Financial Advisors LLC Purchases 450 Shares of SPDR Portfolio S&P 500 Value ETF $SPYV

Frazier Financial Advisors LLC lifted its position in SPDR Portfolio S&P 500 Value ETF (NYSEARCA:SPYV) by 3.2% in the 2nd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 14,383 shares of the company’s stock after buying an additional 450 shares during the quarter. SPDR Portfolio S&P 500 Value ETF comprises approximately 0.5% of Frazier Financial Advisors LLC’s holdings, making the stock its 22nd biggest position. Frazier Financial Advisors LLC’s holdings in SPDR Portfolio S&P 500 Value ETF were worth $753,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds and other institutional investors have also recently added to or reduced their stakes in the stock. Axxcess Wealth Management LLC boosted its position in SPDR Portfolio S&P 500 Value ETF by 3.7% during the second quarter. Axxcess Wealth Management LLC now owns 192,560 shares of the company’s stock worth $10,079,000 after purchasing an additional 6,887 shares during the period. Cornerstone Wealth Group LLC boosted its position in SPDR Portfolio S&P 500 Value ETF by 40.9% during the second quarter. Cornerstone Wealth Group LLC now owns 24,878 shares of the company’s stock worth $1,302,000 after purchasing an additional 7,224 shares during the period. Community Bank N.A. boosted its position in SPDR Portfolio S&P 500 Value ETF by 2.1% during the second quarter. Community Bank N.A. now owns 11,029 shares of the company’s stock worth $577,000 after purchasing an additional 223 shares during the period. NorthRock Partners LLC boosted its position in SPDR Portfolio S&P 500 Value ETF by 4.1% during the second quarter. NorthRock Partners LLC now owns 4,625,524 shares of the company’s stock worth $242,099,000 after purchasing an additional 180,503 shares during the period. Finally, Concord Asset Management LLC VA bought a new position in SPDR Portfolio S&P 500 Value ETF during the second quarter worth $276,000.

SPDR Portfolio S&P 500 Value ETF Price Performance

SPYV stock opened at $54.73 on Tuesday. The company has a fifty day moving average price of $54.53 and a two-hundred day moving average price of $52.06. SPDR Portfolio S&P 500 Value ETF has a one year low of $44.39 and a one year high of $56.03. The stock has a market cap of $29.41 billion, a price-to-earnings ratio of 20.50 and a beta of 0.94.

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.