Inspirion Wealth Advisors LLC boosted its stake in SPDR Portfolio S&P 500 Value ETF (NYSEARCA:SPYV – Free Report) by 6.2% during the third quarter, Holdings Channel.com reports. The firm owned 569,290 shares of the company’s stock after buying an additional 32,994 shares during the period. SPDR Portfolio S&P 500 Value ETF accounts for about 4.4% of Inspirion Wealth Advisors LLC’s portfolio, making the stock its 8th largest position. Inspirion Wealth Advisors LLC’s holdings in SPDR Portfolio S&P 500 Value ETF were worth $30,093,000 at the end of the most recent quarter.
A number of other institutional investors have also recently made changes to their positions in the stock. Fiduciary Advisors Inc. bought a new stake in SPDR Portfolio S&P 500 Value ETF in the 2nd quarter worth $26,000. Tompkins Financial Corp boosted its holdings in shares of SPDR Portfolio S&P 500 Value ETF by 4,681.8% during the second quarter. Tompkins Financial Corp now owns 526 shares of the company’s stock worth $28,000 after purchasing an additional 515 shares during the period. Flaharty Asset Management LLC bought a new stake in shares of SPDR Portfolio S&P 500 Value ETF in the first quarter worth about $32,000. Parallel Advisors LLC grew its stake in shares of SPDR Portfolio S&P 500 Value ETF by 63,900.0% in the second quarter. Parallel Advisors LLC now owns 640 shares of the company’s stock worth $33,000 after purchasing an additional 639 shares during the last quarter. Finally, Atlantic Union Bankshares Corp purchased a new position in SPDR Portfolio S&P 500 Value ETF during the 2nd quarter valued at about $36,000.
SPDR Portfolio S&P 500 Value ETF Stock Performance
NYSEARCA SPYV opened at $57.26 on Tuesday. The stock has a market cap of $30.94 billion, a P/E ratio of 20.50 and a beta of 0.89. SPDR Portfolio S&P 500 Value ETF has a fifty-two week low of $44.39 and a fifty-two week high of $57.59. The stock has a 50 day simple moving average of $56.04 and a two-hundred day simple moving average of $54.29.
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.
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