SPDR Portfolio S&P 500 Value ETF $SPYV Stake Raised by Farther Finance Advisors LLC

Farther Finance Advisors LLC raised its stake in shares of SPDR Portfolio S&P 500 Value ETF (NYSEARCA:SPYV) by 92.5% during the third quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 368,611 shares of the company’s stock after buying an additional 177,101 shares during the quarter. Farther Finance Advisors LLC owned about 0.06% of SPDR Portfolio S&P 500 Value ETF worth $22,533,000 at the end of the most recent reporting period.

Other hedge funds also recently bought and sold shares of the company. Topsail Wealth Management LLC raised its holdings in shares of SPDR Portfolio S&P 500 Value ETF by 5.3% in the first quarter. Topsail Wealth Management LLC now owns 3,450 shares of the company’s stock worth $195,000 after acquiring an additional 175 shares during the last quarter. SmartHarvest Portfolios LLC boosted its stake in shares of SPDR Portfolio S&P 500 Value ETF by 4.6% during the first quarter. SmartHarvest Portfolios LLC now owns 4,008 shares of the company’s stock valued at $227,000 after acquiring an additional 176 shares during the last quarter. Cornerstone Advisors Asset Management LLC boosted its stake in shares of SPDR Portfolio S&P 500 Value ETF by 0.4% during the second quarter. Cornerstone Advisors Asset Management LLC now owns 40,248 shares of the company’s stock valued at $2,447,000 after acquiring an additional 178 shares during the last quarter. PMG Wealth Management Inc. increased its position in SPDR Portfolio S&P 500 Value ETF by 1.8% during the 1st quarter. PMG Wealth Management Inc. now owns 11,068 shares of the company’s stock worth $626,000 after purchasing an additional 201 shares in the last quarter. Finally, Brown Lisle Cummings Inc. increased its position in SPDR Portfolio S&P 500 Value ETF by 6.8% during the 2nd quarter. Brown Lisle Cummings Inc. now owns 3,685 shares of the company’s stock worth $224,000 after purchasing an additional 235 shares in the last quarter.

SPDR Portfolio S&P 500 Value ETF Price Performance

NYSEARCA:SPYV traded up $0.39 on Thursday, reaching $62.19. The stock had a trading volume of 1,763,434 shares, compared to its average volume of 2,801,889. The company has a market cap of $36.23 billion, a price-to-earnings ratio of 20.50 and a beta of 0.82. The firm’s fifty day moving average is $62.80 and its two-hundred day moving average is $60.96. SPDR Portfolio S&P 500 Value ETF has a 12-month low of $54.24 and a 12-month high of $64.26.

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. 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.