Advisory Alpha LLC Buys 189,720 Shares of SPDR Portfolio S&P 500 Value ETF $SPYV

Advisory Alpha LLC boosted its stake in shares of SPDR Portfolio S&P 500 Value ETF (NYSEARCA:SPYV) by 3.8% during the 2nd quarter, HoldingsChannel.com reports. The institutional investor owned 5,213,790 shares of the company’s stock after buying an additional 189,720 shares during the period. SPDR Portfolio S&P 500 Value ETF makes up approximately 8.5% of Advisory Alpha LLC’s holdings, making the stock its 2nd biggest holding. Advisory Alpha LLC’s holdings in SPDR Portfolio S&P 500 Value ETF were worth $272,890,000 as of its most recent SEC filing.

Several other hedge funds have also recently bought and sold shares of SPYV. Mirae Asset Global Investments Co. Ltd. acquired a new stake in SPDR Portfolio S&P 500 Value ETF during the 1st quarter worth approximately $16,272,000. Golden State Wealth Management LLC raised its holdings in SPDR Portfolio S&P 500 Value ETF by 0.6% during the 1st quarter. Golden State Wealth Management LLC now owns 82,127 shares of the company’s stock worth $4,194,000 after buying an additional 505 shares during the period. Koshinski Asset Management Inc. raised its holdings in SPDR Portfolio S&P 500 Value ETF by 49.2% during the 1st quarter. Koshinski Asset Management Inc. now owns 107,521 shares of the company’s stock worth $5,491,000 after buying an additional 35,456 shares during the period. Salomon & Ludwin LLC raised its holdings in SPDR Portfolio S&P 500 Value ETF by 22.1% during the 1st quarter. Salomon & Ludwin LLC now owns 70,568 shares of the company’s stock worth $3,616,000 after buying an additional 12,788 shares during the period. Finally, RKL Wealth Management LLC raised its holdings in SPDR Portfolio S&P 500 Value ETF by 18.9% during the 1st quarter. RKL Wealth Management LLC now owns 16,041 shares of the company’s stock worth $819,000 after buying an additional 2,551 shares during the period.

SPDR Portfolio S&P 500 Value ETF Stock Up 0.7%

NYSEARCA SPYV opened at $56.65 on Tuesday. SPDR Portfolio S&P 500 Value ETF has a 12-month low of $44.39 and a 12-month high of $56.69. The company has a market capitalization of $30.47 billion, a PE ratio of 20.50 and a beta of 0.89. The firm’s 50 day moving average is $54.97 and its 200-day moving average is $52.58.

SPDR Portfolio S&P 500 Value ETF 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.