Portside Wealth Group LLC Purchases 13,184 Shares of SPDR Portfolio S&P 500 Value ETF $SPYV

Portside Wealth Group LLC increased its position in shares of SPDR Portfolio S&P 500 Value ETF (NYSEARCA:SPYV) by 5.4% in the 2nd quarter, HoldingsChannel reports. The firm owned 255,960 shares of the company’s stock after purchasing an additional 13,184 shares during the period. SPDR Portfolio S&P 500 Value ETF comprises approximately 1.8% of Portside Wealth Group LLC’s holdings, making the stock its 9th largest position. Portside Wealth Group LLC’s holdings in SPDR Portfolio S&P 500 Value ETF were worth $15,560,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other hedge funds have also recently added to or reduced their stakes in SPYV. Financial Engines Advisors L.L.C. boosted its holdings in SPDR Portfolio S&P 500 Value ETF by 0.8% in the 3rd quarter. Financial Engines Advisors L.L.C. now owns 81,729,362 shares of the company’s stock valued at $4,522,086,000 after purchasing an additional 642,820 shares in the last quarter. Morgan Stanley increased its position in SPDR Portfolio S&P 500 Value ETF by 120.2% during the 4th quarter. Morgan Stanley now owns 19,747,812 shares of the company’s stock worth $1,121,873,000 after purchasing an additional 10,778,683 shares during the period. Allworth Financial LP raised its stake in shares of SPDR Portfolio S&P 500 Value ETF by 2.0% during the 4th quarter. Allworth Financial LP now owns 19,695,295 shares of the company’s stock worth $1,118,890,000 after buying an additional 382,214 shares in the last quarter. Valmark Advisers Inc. raised its stake in shares of SPDR Portfolio S&P 500 Value ETF by 2.9% during the 1st quarter. Valmark Advisers Inc. now owns 8,996,058 shares of the company’s stock worth $508,997,000 after buying an additional 255,913 shares in the last quarter. Finally, UBS Group AG lifted its holdings in shares of SPDR Portfolio S&P 500 Value ETF by 10.0% in the 3rd quarter. UBS Group AG now owns 7,272,363 shares of the company’s stock valued at $402,380,000 after buying an additional 662,367 shares during the period.

SPDR Portfolio S&P 500 Value ETF Price Performance

SPYV opened at $63.35 on Thursday. SPDR Portfolio S&P 500 Value ETF has a 12 month low of $53.75 and a 12 month high of $63.46. The stock has a market capitalization of $36.93 billion, a P/E ratio of 20.50 and a beta of 0.82. The business has a 50 day simple moving average of $61.64 and a 200-day simple moving average of $59.74.

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. The selection universe for the S&P 500 Index includes all United States common equities listed on the New York Stock Exchange, National Association of Securities Dealers Automated Quotation (NASDAQ) Global Select Market, NASDAQ Select Market and NASDAQ Capital Market with market capitalizations of $3.5 billion or more.