Triton Financial Group Inc Invests $973,000 in SPDR Portfolio S&P 500 Value ETF $SPYV

Triton Financial Group Inc acquired a new position in SPDR Portfolio S&P 500 Value ETF (NYSEARCA:SPYV) in the 2nd quarter, HoldingsChannel reports. The fund acquired 18,590 shares of the company’s stock, valued at approximately $973,000.

Several other institutional investors have also added to or reduced their stakes in SPYV. Financial Engines Advisors L.L.C. raised its position in shares of SPDR Portfolio S&P 500 Value ETF by 0.8% in the first quarter. Financial Engines Advisors L.L.C. now owns 78,809,775 shares of the company’s stock valued at $4,024,815,000 after purchasing an additional 595,377 shares during the period. Ameriprise Financial Inc. grew its stake in SPDR Portfolio S&P 500 Value ETF by 11.8% in the 1st quarter. Ameriprise Financial Inc. now owns 8,980,322 shares of the company’s stock valued at $458,755,000 after buying an additional 949,699 shares in the last quarter. Valmark Advisers Inc. raised its holdings in SPDR Portfolio S&P 500 Value ETF by 4.1% during the 2nd quarter. Valmark Advisers Inc. now owns 8,271,615 shares of the company’s stock valued at $432,936,000 after acquiring an additional 326,580 shares during the period. JPMorgan Chase & Co. raised its holdings 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. Finally, Raymond James Financial Inc. lifted its position in shares of SPDR Portfolio S&P 500 Value ETF by 4.3% during the first quarter. Raymond James Financial Inc. now owns 5,740,575 shares of the company’s stock worth $293,171,000 after acquiring an additional 237,417 shares in the last quarter.

SPDR Portfolio S&P 500 Value ETF Stock Performance

Shares of NYSEARCA SPYV opened at $55.85 on Tuesday. The stock has a market cap of $29.99 billion, a PE ratio of 20.50 and a beta of 0.94. SPDR Portfolio S&P 500 Value ETF has a fifty-two week low of $44.39 and a fifty-two week high of $56.03. The stock has a fifty day moving average of $54.76 and a 200-day moving average of $52.25.

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.