Red Tortoise LLC Boosts Position in SPDR Portfolio S&P 500 Value ETF $SPYV

Red Tortoise LLC grew its stake in shares of SPDR Portfolio S&P 500 Value ETF (NYSEARCA:SPYV) by 0.3% during the second quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 70,172 shares of the company’s stock after purchasing an additional 207 shares during the period. SPDR Portfolio S&P 500 Value ETF makes up 1.8% of Red Tortoise LLC’s investment portfolio, making the stock its 15th largest holding. Red Tortoise LLC’s holdings in SPDR Portfolio S&P 500 Value ETF were worth $3,673,000 as of its most recent filing with the Securities and Exchange Commission.

Other institutional investors also recently bought and sold shares of the company. Connecticut Wealth Management LLC purchased a new position in SPDR Portfolio S&P 500 Value ETF during the first quarter valued at $139,839,000. Wealth Enhancement Advisory Services LLC increased its stake in shares of SPDR Portfolio S&P 500 Value ETF by 172.5% in the 1st quarter. Wealth Enhancement Advisory Services LLC now owns 3,534,578 shares of the company’s stock worth $180,511,000 after acquiring an additional 2,237,528 shares in the last quarter. JPMorgan Chase & Co. lifted its position in SPDR Portfolio S&P 500 Value ETF by 25.0% during the 1st quarter. JPMorgan Chase & Co. now owns 6,800,995 shares of the company’s stock valued at $347,327,000 after acquiring an additional 1,360,243 shares during the period. Demars Financial Group LLC boosted its stake in SPDR Portfolio S&P 500 Value ETF by 7.7% during the first quarter. Demars Financial Group LLC now owns 17,380,190 shares of the company’s stock worth $887,606,000 after acquiring an additional 1,235,219 shares in the last quarter. Finally, Dynasty Wealth Management LLC grew its holdings in SPDR Portfolio S&P 500 Value ETF by 32.7% in the first quarter. Dynasty Wealth Management LLC now owns 4,394,135 shares of the company’s stock worth $224,408,000 after purchasing an additional 1,083,736 shares during the period.

SPDR Portfolio S&P 500 Value ETF Trading Up 0.4%

Shares of NYSEARCA:SPYV opened at $55.70 on Monday. The stock has a fifty day simple moving average of $54.25 and a two-hundred day simple moving average of $51.89. SPDR Portfolio S&P 500 Value ETF has a 12-month low of $44.39 and a 12-month high of $55.97. The stock has a market capitalization of $29.90 billion, a price-to-earnings ratio of 20.50 and a beta of 0.94.

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.