Promus Capital LLC Has $10.03 Million Stock Holdings in SPDR Portfolio S&P 500 Value ETF $SPYV

Promus Capital LLC lifted its position in shares of SPDR Portfolio S&P 500 Value ETF (NYSEARCA:SPYV) by 22.4% during the 2nd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 191,665 shares of the company’s stock after purchasing an additional 35,022 shares during the period. SPDR Portfolio S&P 500 Value ETF accounts for 6.5% of Promus Capital LLC’s portfolio, making the stock its 3rd largest holding. Promus Capital LLC’s holdings in SPDR Portfolio S&P 500 Value ETF were worth $10,032,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds also recently modified their holdings of the company. AE Wealth Management LLC lifted its position in shares of SPDR Portfolio S&P 500 Value ETF by 22.6% during the second quarter. AE Wealth Management LLC now owns 2,608,841 shares of the company’s stock worth $136,547,000 after acquiring an additional 480,559 shares in the last quarter. Bensler LLC boosted its position in shares of SPDR Portfolio S&P 500 Value ETF by 6.0% in the second quarter. Bensler LLC now owns 133,986 shares of the company’s stock valued at $7,013,000 after acquiring an additional 7,621 shares during the period. 1ST Source Bank increased its holdings in SPDR Portfolio S&P 500 Value ETF by 3.6% during the 2nd quarter. 1ST Source Bank now owns 47,608 shares of the company’s stock worth $2,492,000 after acquiring an additional 1,644 shares during the period. CW Advisors LLC purchased a new stake in SPDR Portfolio S&P 500 Value ETF in the 2nd quarter worth approximately $873,000. Finally, Kingsview Wealth Management LLC grew its position in shares of SPDR Portfolio S&P 500 Value ETF by 0.5% during the 2nd quarter. Kingsview Wealth Management LLC now owns 260,687 shares of the company’s stock valued at $13,644,000 after purchasing an additional 1,178 shares in the last quarter.

SPDR Portfolio S&P 500 Value ETF Stock Performance

Shares of SPYV stock opened at $57.25 on Friday. SPDR Portfolio S&P 500 Value ETF has a 52-week low of $44.39 and a 52-week high of $57.59. The company has a market capitalization of $30.94 billion, a PE ratio of 20.50 and a beta of 0.89. The business’s fifty day moving average is $56.01 and its 200 day moving average is $54.22.

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.