Transcend Capital Advisors LLC Buys 288 Shares of SPDR Portfolio S&P 500 Value ETF (NYSEARCA:SPYV)

Transcend Capital Advisors LLC increased its stake in SPDR Portfolio S&P 500 Value ETF (NYSEARCA:SPYV) by 1.7% during the 2nd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund owned 17,341 shares of the company’s stock after purchasing an additional 288 shares during the period. Transcend Capital Advisors LLC’s holdings in SPDR Portfolio S&P 500 Value ETF were worth $845,000 as of its most recent SEC filing.

Several other institutional investors also recently modified their holdings of the stock. Venturi Wealth Management LLC bought a new position in SPDR Portfolio S&P 500 Value ETF during the fourth quarter valued at approximately $52,000. Walkner Condon Financial Advisors LLC purchased a new stake in shares of SPDR Portfolio S&P 500 Value ETF during the fourth quarter valued at approximately $214,000. International Assets Investment Management LLC purchased a new stake in shares of SPDR Portfolio S&P 500 Value ETF during the fourth quarter valued at approximately $3,013,000. Arkadios Wealth Advisors boosted its stake in shares of SPDR Portfolio S&P 500 Value ETF by 6.2% during the fourth quarter. Arkadios Wealth Advisors now owns 15,716 shares of the company’s stock valued at $733,000 after purchasing an additional 919 shares during the period. Finally, Allworth Financial LP boosted its stake in shares of SPDR Portfolio S&P 500 Value ETF by 4.6% during the fourth quarter. Allworth Financial LP now owns 18,556,755 shares of the company’s stock valued at $865,301,000 after purchasing an additional 807,687 shares during the period.

SPDR Portfolio S&P 500 Value ETF Trading Down 1.7 %

Shares of NYSEARCA:SPYV traded down $0.87 during trading on Monday, reaching $49.17. 5,281,356 shares of the company traded hands, compared to its average volume of 2,501,817. The firm has a market capitalization of $21.31 billion, a price-to-earnings ratio of 24.09 and a beta of 0.81. SPDR Portfolio S&P 500 Value ETF has a 52-week low of $39.51 and a 52-week high of $51.43. The business’s fifty day moving average is $49.42 and its 200-day moving average is $48.71.

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.