ArborFi Advisors LLC raised its stake in SPDR Portfolio S&P 500 Value ETF (NYSEARCA:SPYV – Free Report) by 7.5% in the second quarter, Holdings Channel reports. The fund owned 46,188 shares of the company’s stock after purchasing an additional 3,231 shares during the quarter. SPDR Portfolio S&P 500 Value ETF accounts for approximately 2.1% of ArborFi Advisors LLC’s investment portfolio, making the stock its 13th largest holding. ArborFi Advisors LLC’s holdings in SPDR Portfolio S&P 500 Value ETF were worth $2,417,000 at the end of the most recent reporting period.
Several other hedge funds and other institutional investors also recently made changes to their positions in the stock. Elite Financial Inc. acquired a new position in SPDR Portfolio S&P 500 Value ETF during the 1st quarter worth approximately $25,000. Fiduciary Advisors Inc. bought a new stake in shares of SPDR Portfolio S&P 500 Value ETF during the second quarter worth $26,000. Tompkins Financial Corp increased its holdings in shares of SPDR Portfolio S&P 500 Value ETF by 4,681.8% during the second quarter. Tompkins Financial Corp now owns 526 shares of the company’s stock worth $28,000 after buying an additional 515 shares in the last quarter. Headlands Technologies LLC bought a new position in shares of SPDR Portfolio S&P 500 Value ETF in the 1st quarter valued at $29,000. Finally, VSM Wealth Advisory LLC bought a new position in shares of SPDR Portfolio S&P 500 Value ETF in the 1st quarter valued at $30,000.
SPDR Portfolio S&P 500 Value ETF Stock Down 0.5%
Shares of SPYV stock opened at $55.83 on Friday. SPDR Portfolio S&P 500 Value ETF has a twelve month low of $44.39 and a twelve month high of $56.75. The stock’s fifty day simple moving average is $55.10 and its 200 day simple moving average is $52.73. The firm has a market capitalization of $30.05 billion, a P/E ratio of 20.50 and a beta of 0.89.
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.
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Want to see what other hedge funds are holding SPYV? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for SPDR Portfolio S&P 500 Value ETF (NYSEARCA:SPYV – Free Report).
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