Arrowroot Family Office LLC Takes $258,000 Position in SPDR Portfolio S&P 500 Value ETF $SPYV

Arrowroot Family Office LLC acquired a new stake in SPDR Portfolio S&P 500 Value ETF (NYSEARCA:SPYV) in the 2nd quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm acquired 4,928 shares of the company’s stock, valued at approximately $258,000.

Several other hedge funds and other institutional investors have also made changes to their positions in SPYV. Fiduciary Advisors Inc. purchased a new position in shares of SPDR Portfolio S&P 500 Value ETF in the 2nd quarter valued at about $26,000. Tompkins Financial Corp boosted its stake in shares of SPDR Portfolio S&P 500 Value ETF by 4,681.8% in the 2nd quarter. Tompkins Financial Corp now owns 526 shares of the company’s stock valued at $28,000 after buying an additional 515 shares during the period. Headlands Technologies LLC purchased a new stake in SPDR Portfolio S&P 500 Value ETF during the first quarter worth approximately $29,000. VSM Wealth Advisory LLC purchased a new stake in SPDR Portfolio S&P 500 Value ETF during the first quarter worth approximately $30,000. Finally, Flaharty Asset Management LLC purchased a new stake in SPDR Portfolio S&P 500 Value ETF during the first quarter worth approximately $32,000.

SPDR Portfolio S&P 500 Value ETF Stock Down 0.5%

SPYV stock opened at $55.61 on Wednesday. The business has a 50 day moving average price of $55.18 and a 200 day moving average price of $52.97. The stock has a market cap of $29.97 billion, a price-to-earnings ratio of 20.50 and a beta of 0.89. SPDR Portfolio S&P 500 Value ETF has a fifty-two week low of $44.39 and a fifty-two week high of $56.75.

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.