Towerpoint Wealth LLC bought a new stake in SPDR Portfolio S&P 500 Value ETF (NYSEARCA:SPYV) during the third quarter, HoldingsChannel reports. The firm bought 4,248 shares of the company’s stock, valued at approximately $136,000.

Several other institutional investors also recently modified their holdings of SPYV. FMR LLC raised its stake in SPDR Portfolio S&P 500 Value ETF by 593.4% during the first quarter. FMR LLC now owns 65,995 shares of the company’s stock worth $1,998,000 after acquiring an additional 56,477 shares during the period. RDA Financial Network raised its stake in SPDR Portfolio S&P 500 Value ETF by 3.2% during the second quarter. RDA Financial Network now owns 74,170 shares of the company’s stock worth $2,342,000 after acquiring an additional 2,334 shares during the period. Money Design Co. Ltd. grew its position in SPDR Portfolio S&P 500 Value ETF by 43.9% in the 2nd quarter. Money Design Co. Ltd. now owns 769,226 shares of the company’s stock worth $24,061,000 after purchasing an additional 234,755 shares during the last quarter. GenWealth Group Inc. bought a new position in SPDR Portfolio S&P 500 Value ETF in the 2nd quarter worth about $605,000. Finally, PFS Investments Inc. grew its position in SPDR Portfolio S&P 500 Value ETF by 33.6% in the 2nd quarter. PFS Investments Inc. now owns 2,776,974 shares of the company’s stock worth $88,169,000 after purchasing an additional 698,643 shares during the last quarter.

NYSEARCA SPYV traded up $0.07 on Friday, hitting $33.80. The stock had a trading volume of 791,886 shares, compared to its average volume of 1,050,686. SPDR Portfolio S&P 500 Value ETF has a one year low of $25.44 and a one year high of $33.85. The company’s 50-day moving average is $32.28 and its two-hundred day moving average is $31.38.

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.

See Also: Recession

Want to see what other hedge funds are holding SPYV? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for SPDR Portfolio S&P 500 Value ETF (NYSEARCA:SPYV).

Institutional Ownership by Quarter for SPDR Portfolio S&P 500 Value ETF (NYSEARCA:SPYV)

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