Pennington Partners & CO. LLC Purchases 8,561 Shares of SPDR Portfolio S&P 500 Value ETF $SPYV

Pennington Partners & CO. LLC boosted its position in SPDR Portfolio S&P 500 Value ETF (NYSEARCA:SPYV) by 150.1% in the first quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 14,263 shares of the company’s stock after purchasing an additional 8,561 shares during the period. Pennington Partners & CO. LLC’s holdings in SPDR Portfolio S&P 500 Value ETF were worth $807,000 at the end of the most recent quarter.

Several other large investors have also recently bought and sold shares of SPYV. Compound Planning Inc. boosted its stake in shares of SPDR Portfolio S&P 500 Value ETF by 472.8% during the first quarter. Compound Planning Inc. now owns 37,232 shares of the company’s stock valued at $2,107,000 after purchasing an additional 30,732 shares in the last quarter. Gibbs Wealth Management increased its stake in shares of SPDR Portfolio S&P 500 Value ETF by 130.1% in the first quarter. Gibbs Wealth Management now owns 434,660 shares of the company’s stock valued at $24,593,000 after buying an additional 245,756 shares during the period. Sei Investments Co. increased its stake in shares of SPDR Portfolio S&P 500 Value ETF by 4.3% in the first quarter. Sei Investments Co. now owns 11,150 shares of the company’s stock valued at $631,000 after buying an additional 460 shares during the period. Cetera Investment Advisers raised its holdings in SPDR Portfolio S&P 500 Value ETF by 5.8% in the 1st quarter. Cetera Investment Advisers now owns 4,205,952 shares of the company’s stock valued at $237,973,000 after buying an additional 230,152 shares during the last quarter. Finally, Signature Equity Partners LLC raised its holdings in SPDR Portfolio S&P 500 Value ETF by 163.2% in the 1st quarter. Signature Equity Partners LLC now owns 500 shares of the company’s stock valued at $28,000 after buying an additional 310 shares during the last quarter.

SPDR Portfolio S&P 500 Value ETF Price Performance

NYSEARCA:SPYV opened at $61.39 on Friday. SPDR Portfolio S&P 500 Value ETF has a one year low of $51.97 and a one year high of $62.55. The company has a market cap of $35.76 billion, a PE ratio of 20.50 and a beta of 0.82. The firm’s 50 day simple moving average is $61.09 and its 200 day simple moving average is $59.27.

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.