Shum Financial Group Inc. Makes New $2.73 Million Investment in SPDR Portfolio S&P 500 Value ETF (NYSEARCA:SPYV)

Shum Financial Group Inc. bought a new stake in SPDR Portfolio S&P 500 Value ETF (NYSEARCA:SPYV) during the 3rd quarter, according to the company in its most recent 13F filing with the SEC. The fund bought 50,623 shares of the company’s stock, valued at approximately $2,731,000. SPDR Portfolio S&P 500 Value ETF makes up approximately 2.3% of Shum Financial Group Inc.’s investment portfolio, making the stock its 9th largest holding.

Several other large investors have also made changes to their positions in the company. Williams Financial LLC increased its stake in shares of SPDR Portfolio S&P 500 Value ETF by 6,166.3% in the second quarter. Williams Financial LLC now owns 42,988,918 shares of the company’s stock valued at $2,101,241,000 after buying an additional 42,302,888 shares in the last quarter. LPL Financial LLC raised its stake in shares of SPDR Portfolio S&P 500 Value ETF by 8.8% in the third quarter. LPL Financial LLC now owns 39,150,619 shares of the company’s stock worth $2,069,502,000 after acquiring an additional 3,176,679 shares during the last quarter. Allworth Financial LP lifted its position in shares of SPDR Portfolio S&P 500 Value ETF by 2.3% during the third quarter. Allworth Financial LP now owns 20,300,686 shares of the company’s stock worth $1,073,094,000 after purchasing an additional 461,035 shares in the last quarter. Valmark Advisers Inc. grew its stake in shares of SPDR Portfolio S&P 500 Value ETF by 1.9% during the third quarter. Valmark Advisers Inc. now owns 7,491,869 shares of the company’s stock valued at $396,020,000 after purchasing an additional 140,498 shares during the last quarter. Finally, Advisory Alpha LLC increased its holdings in shares of SPDR Portfolio S&P 500 Value ETF by 13.2% in the second quarter. Advisory Alpha LLC now owns 4,388,367 shares of the company’s stock valued at $213,893,000 after purchasing an additional 512,054 shares in the last quarter.

SPDR Portfolio S&P 500 Value ETF Stock Down 0.3 %

SPYV stock traded down $0.19 during trading on Tuesday, hitting $54.85. The company had a trading volume of 106,972 shares, compared to its average volume of 2,585,034. The firm has a 50-day moving average price of $53.13 and a 200-day moving average price of $51.13. SPDR Portfolio S&P 500 Value ETF has a 12 month low of $43.93 and a 12 month high of $55.22. The stock has a market cap of $23.77 billion, a price-to-earnings ratio of 24.09 and a beta of 0.81.

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.