Diligent Investors LLC acquired a new stake in shares of SPDR Portfolio S&P 500 Value ETF (NYSEARCA:SPYV – Free Report) during the 3rd quarter, according to its most recent Form 13F filing with the SEC. The institutional investor acquired 215,176 shares of the company’s stock, valued at approximately $13,154,000. SPDR Portfolio S&P 500 Value ETF comprises about 2.8% of Diligent Investors LLC’s investment portfolio, making the stock its 4th biggest position.
Other institutional investors and hedge funds have also bought and sold shares of the company. Magnus Financial Group LLC boosted its position in shares of SPDR Portfolio S&P 500 Value ETF by 3.9% during the third quarter. Magnus Financial Group LLC now owns 2,006,798 shares of the company’s stock valued at $122,676,000 after buying an additional 75,523 shares during the last quarter. Hartford Financial Management Inc. purchased a new position in SPDR Portfolio S&P 500 Value ETF in the 3rd quarter worth about $26,000. Axxcess Wealth Management LLC raised its position in SPDR Portfolio S&P 500 Value ETF by 1.8% in the 3rd quarter. Axxcess Wealth Management LLC now owns 172,850 shares of the company’s stock worth $10,566,000 after buying an additional 3,085 shares during the last quarter. Fifth Third Securities Inc. purchased a new position in SPDR Portfolio S&P 500 Value ETF in the 3rd quarter worth about $34,622,000. Finally, Sowell Financial Services LLC purchased a new position in SPDR Portfolio S&P 500 Value ETF in the 3rd quarter worth about $416,000.
SPDR Portfolio S&P 500 Value ETF Stock Performance
SPYV opened at $63.74 on Thursday. The stock has a market capitalization of $38.21 billion, a P/E ratio of 20.50 and a beta of 0.82. The company’s 50-day simple moving average is $62.81 and its two-hundred day simple moving average is $61.43. SPDR Portfolio S&P 500 Value ETF has a 52-week low of $54.44 and a 52-week 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.
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