NewEdge Advisors LLC Buys 50,680 Shares of SPDR Portfolio S&P 500 Value ETF $SPYV

NewEdge Advisors LLC increased its position in SPDR Portfolio S&P 500 Value ETF (NYSEARCA:SPYV) by 9.9% in the 2nd quarter, HoldingsChannel reports. The fund owned 564,782 shares of the company’s stock after buying an additional 50,680 shares during the quarter. NewEdge Advisors LLC’s holdings in SPDR Portfolio S&P 500 Value ETF were worth $29,561,000 as of its most recent filing with the Securities and Exchange Commission.

Several other large investors have also added to or reduced their stakes in SPYV. Pecaut & CO. raised its position in shares of SPDR Portfolio S&P 500 Value ETF by 5.0% during the second quarter. Pecaut & CO. now owns 181,480 shares of the company’s stock valued at $9,499,000 after buying an additional 8,649 shares during the last quarter. Qube Research & Technologies Ltd grew its stake in SPDR Portfolio S&P 500 Value ETF by 28.5% during the second quarter. Qube Research & Technologies Ltd now owns 10,800 shares of the company’s stock valued at $565,000 after acquiring an additional 2,394 shares in the last quarter. Hunting Hill Global Capital LLC purchased a new position in SPDR Portfolio S&P 500 Value ETF during the second quarter valued at $9,598,000. Sentinus LLC bought a new stake in SPDR Portfolio S&P 500 Value ETF in the 2nd quarter valued at $355,000. Finally, Acorn Wealth Advisors LLC lifted its stake in SPDR Portfolio S&P 500 Value ETF by 10.8% in the 2nd quarter. Acorn Wealth Advisors LLC now owns 9,090 shares of the company’s stock worth $476,000 after purchasing an additional 889 shares in the last quarter.

SPDR Portfolio S&P 500 Value ETF Trading Up 1.0%

Shares of SPYV stock opened at $57.13 on Thursday. The stock has a market capitalization of $30.87 billion, a price-to-earnings ratio of 20.50 and a beta of 0.89. SPDR Portfolio S&P 500 Value ETF has a 12-month low of $44.39 and a 12-month high of $57.23. The stock’s 50-day moving average price is $55.94 and its 200-day moving average price is $54.12.

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.