Eaton Financial Holdings Company LLC Invests $15.52 Million in SPDR Portfolio S&P 500 Value ETF (NYSEARCA:SPYV)

Eaton Financial Holdings Company LLC acquired a new stake in SPDR Portfolio S&P 500 Value ETF (NYSEARCA:SPYV) in the 3rd quarter, HoldingsChannel.com reports. The institutional investor acquired 293,619 shares of the company’s stock, valued at approximately $15,521,000. SPDR Portfolio S&P 500 Value ETF makes up about 6.3% of Eaton Financial Holdings Company LLC’s holdings, making the stock its 2nd largest position.

Several other institutional investors and hedge funds have also recently bought and sold shares of the company. Williams Financial LLC lifted its holdings in 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 worth $2,101,241,000 after acquiring an additional 42,302,888 shares during the last quarter. LPL Financial LLC lifted its holdings in shares of SPDR Portfolio S&P 500 Value ETF by 8.8% in the 3rd quarter. LPL Financial LLC now owns 39,150,619 shares of the company’s stock worth $2,069,502,000 after purchasing an additional 3,176,679 shares during the last quarter. Allworth Financial LP boosted its position in SPDR Portfolio S&P 500 Value ETF by 2.3% during the 3rd quarter. Allworth Financial LP now owns 20,300,686 shares of the company’s stock valued at $1,073,094,000 after purchasing an additional 461,035 shares during the period. Valmark Advisers Inc. grew its stake in SPDR Portfolio S&P 500 Value ETF by 1.9% during the 3rd quarter. Valmark Advisers Inc. now owns 7,491,869 shares of the company’s stock worth $396,020,000 after buying an additional 140,498 shares during the last quarter. Finally, Advisory Alpha LLC increased its position in 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 worth $213,893,000 after buying an additional 512,054 shares during the period.

SPDR Portfolio S&P 500 Value ETF Stock Down 0.4 %

SPYV stock opened at $53.46 on Thursday. The stock has a market cap of $23.17 billion, a PE ratio of 24.09 and a beta of 0.81. The firm’s 50-day simple moving average is $53.60 and its 200 day simple moving average is $51.53. SPDR Portfolio S&P 500 Value ETF has a fifty-two week low of $45.03 and a fifty-two week high of $55.42.

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.