Verdence Capital Advisors LLC Has $1.81 Million Position in SPDR Portfolio S&P 500 Value ETF $SPYV

Verdence Capital Advisors LLC increased its stake in shares of SPDR Portfolio S&P 500 Value ETF (NYSEARCA:SPYV) by 79.4% during the 3rd quarter, Holdings Channel reports. The fund owned 31,932 shares of the company’s stock after acquiring an additional 14,128 shares during the period. Verdence Capital Advisors LLC’s holdings in SPDR Portfolio S&P 500 Value ETF were worth $1,809,000 as of its most recent SEC filing.

A number of other large investors have also bought and sold shares of SPYV. Farther Finance Advisors LLC boosted its position in shares of SPDR Portfolio S&P 500 Value ETF by 13.8% during the 3rd quarter. Farther Finance Advisors LLC now owns 176,237 shares of the company’s stock worth $9,751,000 after purchasing an additional 21,383 shares in the last quarter. AE Wealth Management LLC increased its position in SPDR Portfolio S&P 500 Value ETF by 22.6% in the 2nd quarter. AE Wealth Management LLC now owns 2,608,841 shares of the company’s stock valued at $136,547,000 after buying an additional 480,559 shares in the last quarter. Capital Advisory Group Advisory Services LLC raised its stake in SPDR Portfolio S&P 500 Value ETF by 10.2% during the 3rd quarter. Capital Advisory Group Advisory Services LLC now owns 146,694 shares of the company’s stock worth $8,117,000 after buying an additional 13,540 shares during the period. Fifth Third Wealth Advisors LLC raised its stake in SPDR Portfolio S&P 500 Value ETF by 25.0% during the 3rd quarter. Fifth Third Wealth Advisors LLC now owns 350,164 shares of the company’s stock worth $19,375,000 after buying an additional 70,016 shares during the period. Finally, Bensler LLC boosted its holdings in SPDR Portfolio S&P 500 Value ETF by 6.0% in the second quarter. Bensler LLC now owns 133,986 shares of the company’s stock worth $7,013,000 after acquiring an additional 7,621 shares in the last quarter.

SPDR Portfolio S&P 500 Value ETF Stock Performance

Shares of SPDR Portfolio S&P 500 Value ETF stock opened at $57.24 on Wednesday. The stock has a market capitalization of $31.81 billion, a PE ratio of 20.50 and a beta of 0.89. SPDR Portfolio S&P 500 Value ETF has a 52 week low of $44.39 and a 52 week high of $58.50. The stock has a 50 day moving average price of $56.95 and a two-hundred day moving average price of $55.36.

About SPDR Portfolio S&P 500 Value ETF

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.