SPDR Portfolio S&P 500 Value ETF $SPYV is City Center Advisors LLC’s 2nd Largest Position

City Center Advisors LLC raised its position in shares of SPDR Portfolio S&P 500 Value ETF (NYSEARCA:SPYV) by 6.8% in the 2nd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 130,528 shares of the company’s stock after buying an additional 8,279 shares during the period. SPDR Portfolio S&P 500 Value ETF comprises about 6.4% of City Center Advisors LLC’s holdings, making the stock its 2nd largest holding. City Center Advisors LLC’s holdings in SPDR Portfolio S&P 500 Value ETF were worth $7,935,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also modified their holdings of the company. Key Capital Management INC purchased a new stake in SPDR Portfolio S&P 500 Value ETF during the 4th quarter worth about $25,000. Thurston Springer Miller Herd & Titak Inc. purchased a new position in shares of SPDR Portfolio S&P 500 Value ETF in the 4th quarter valued at about $26,000. Meramec Financial Planners LLC acquired a new position in shares of SPDR Portfolio S&P 500 Value ETF during the first quarter worth about $28,000. Signature Equity Partners LLC grew its position in shares of SPDR Portfolio S&P 500 Value ETF by 163.2% during the first quarter. Signature Equity Partners LLC now owns 500 shares of the company’s stock worth $28,000 after buying an additional 310 shares in the last quarter. Finally, Advisortrust Partners LLC acquired a new position in shares of SPDR Portfolio S&P 500 Value ETF during the first quarter worth about $29,000.

SPDR Portfolio S&P 500 Value ETF Stock Performance

SPYV stock opened at $63.11 on Wednesday. The company’s 50 day moving average price is $61.38 and its 200 day moving average price is $59.52. The firm has a market capitalization of $36.79 billion, a price-to-earnings ratio of 20.50 and a beta of 0.82. SPDR Portfolio S&P 500 Value ETF has a fifty-two week low of $52.46 and a fifty-two week high of $63.19.

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. The selection universe for the S&P 500 Index includes all United States common equities listed on the New York Stock Exchange, National Association of Securities Dealers Automated Quotation (NASDAQ) Global Select Market, NASDAQ Select Market and NASDAQ Capital Market with market capitalizations of $3.5 billion or more.