Foundations Investment Advisors LLC Purchases 7,628 Shares of SPDR Portfolio S&P 500 Value ETF $SPYV

Foundations Investment Advisors LLC grew its position in shares of SPDR Portfolio S&P 500 Value ETF (NYSEARCA:SPYV) by 8.9% during the 2nd quarter, Holdings Channel.com reports. The institutional investor owned 92,899 shares of the company’s stock after buying an additional 7,628 shares during the quarter. Foundations Investment Advisors LLC’s holdings in SPDR Portfolio S&P 500 Value ETF were worth $4,862,000 as of its most recent filing with the Securities & Exchange Commission.

Several other institutional investors also recently modified their holdings of the business. Fiduciary Advisors Inc. bought a new stake in SPDR Portfolio S&P 500 Value ETF during the second quarter worth $26,000. Tompkins Financial Corp increased its position in shares of SPDR Portfolio S&P 500 Value ETF by 4,681.8% during the 2nd quarter. Tompkins Financial Corp now owns 526 shares of the company’s stock valued at $28,000 after purchasing an additional 515 shares during the last quarter. Headlands Technologies LLC bought a new stake in shares of SPDR Portfolio S&P 500 Value ETF during the 1st quarter worth $29,000. VSM Wealth Advisory LLC purchased a new position in shares of SPDR Portfolio S&P 500 Value ETF in the 1st quarter worth about $30,000. Finally, Flaharty Asset Management LLC bought a new position in SPDR Portfolio S&P 500 Value ETF during the first quarter valued at about $32,000.

SPDR Portfolio S&P 500 Value ETF Stock Performance

Shares of SPYV stock opened at $56.17 on Friday. The firm has a market cap of $30.35 billion, a price-to-earnings ratio of 20.50 and a beta of 0.89. SPDR Portfolio S&P 500 Value ETF has a 52 week low of $44.39 and a 52 week high of $56.96. The firm’s 50-day simple moving average is $55.43 and its two-hundred day simple moving average is $53.37.

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.