SPDR Portfolio S&P 500 Value ETF $SPYV Shares Acquired by NewEdge Advisors LLC

NewEdge Advisors LLC grew its stake in SPDR Portfolio S&P 500 Value ETF (NYSEARCA:SPYV) by 8.4% in the second quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 565,797 shares of the company’s stock after purchasing an additional 44,055 shares during the period. NewEdge Advisors LLC owned approximately 0.10% of SPDR Portfolio S&P 500 Value ETF worth $34,395,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other hedge funds and other institutional investors have also recently made changes to their positions in SPYV. Topsail Wealth Management LLC raised its holdings in shares of SPDR Portfolio S&P 500 Value ETF by 5.3% during the 1st quarter. Topsail Wealth Management LLC now owns 3,450 shares of the company’s stock worth $195,000 after acquiring an additional 175 shares during the period. SmartHarvest Portfolios LLC grew its holdings in shares of SPDR Portfolio S&P 500 Value ETF by 4.6% in the first quarter. SmartHarvest Portfolios LLC now owns 4,008 shares of the company’s stock valued at $227,000 after purchasing an additional 176 shares during the period. Cornerstone Advisors Asset Management LLC increased its position in SPDR Portfolio S&P 500 Value ETF by 0.4% during the second quarter. Cornerstone Advisors Asset Management LLC now owns 40,248 shares of the company’s stock worth $2,447,000 after purchasing an additional 178 shares during the last quarter. Empirical Asset Management LLC increased its position in SPDR Portfolio S&P 500 Value ETF by 1.5% during the fourth quarter. Empirical Asset Management LLC now owns 12,628 shares of the company’s stock worth $717,000 after purchasing an additional 183 shares during the last quarter. Finally, Principle Wealth Partners LLC increased its position in SPDR Portfolio S&P 500 Value ETF by 4.2% during the fourth quarter. Principle Wealth Partners LLC now owns 4,725 shares of the company’s stock worth $268,000 after purchasing an additional 191 shares during the last quarter.

SPDR Portfolio S&P 500 Value ETF Price Performance

Shares of SPYV stock opened at $62.67 on Thursday. The company has a market capitalization of $36.54 billion, a PE ratio of 20.50 and a beta of 0.82. The firm’s 50-day moving average is $62.68 and its two-hundred day moving average is $60.41. SPDR Portfolio S&P 500 Value ETF has a 12 month low of $53.94 and a 12 month high of $64.26.

SPDR Portfolio S&P 500 Value ETF Company 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.