SPDR Portfolio S&P 500 Value ETF $SPYV Stock Purchased by Financial Council LLC

Financial Council LLC boosted its stake in shares of SPDR Portfolio S&P 500 Value ETF (NYSEARCA:SPYV) by 3.7% during the third quarter, Holdings Channel reports. The firm owned 235,439 shares of the company’s stock after purchasing an additional 8,422 shares during the quarter. SPDR Portfolio S&P 500 Value ETF comprises about 4.6% of Financial Council LLC’s holdings, making the stock its 6th biggest position. Financial Council LLC’s holdings in SPDR Portfolio S&P 500 Value ETF were worth $14,392,000 as of its most recent filing with the Securities & Exchange Commission.

Several other institutional investors and hedge funds also recently added to or reduced their stakes in SPYV. The Manufacturers Life Insurance Company grew its position in SPDR Portfolio S&P 500 Value ETF by 1,807.9% in the 2nd quarter. The Manufacturers Life Insurance Company now owns 6,312,030 shares of the company’s stock worth $383,708,000 after purchasing an additional 5,981,186 shares during the period. Vantagepoint Investment Advisers LLC bought a new position in shares of SPDR Portfolio S&P 500 Value ETF during the 3rd quarter valued at $263,007,000. AlphaStar Capital Management LLC purchased a new position in shares of SPDR Portfolio S&P 500 Value ETF in the 3rd quarter worth $133,231,000. Commonwealth Equity Services LLC purchased a new position in shares of SPDR Portfolio S&P 500 Value ETF in the 3rd quarter worth $129,490,000. Finally, Bell Bank bought a new stake in shares of SPDR Portfolio S&P 500 Value ETF in the third quarter worth $106,035,000.

SPDR Portfolio S&P 500 Value ETF Stock Down 0.4%

NYSEARCA:SPYV traded down $0.25 on Friday, hitting $63.07. The stock had a trading volume of 3,047,160 shares, compared to its average volume of 2,924,325. The stock has a market cap of $38.06 billion, a price-to-earnings ratio of 20.50 and a beta of 0.82. The business’s 50-day simple moving average is $62.92 and its two-hundred day simple moving average is $60.73. SPDR Portfolio S&P 500 Value ETF has a 52-week low of $54.44 and a 52-week high of $65.52.

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.