Symphony Financial Ltd. Co. Grows Stock Holdings in SPDR Portfolio S&P 500 Value ETF $SPYV

Symphony Financial Ltd. Co. increased its stake in shares of SPDR Portfolio S&P 500 Value ETF (NYSEARCA:SPYV) by 3.5% during the third quarter, Holdings Channel reports. The institutional investor owned 258,524 shares of the company’s stock after acquiring an additional 8,773 shares during the period. SPDR Portfolio S&P 500 Value ETF comprises about 1.7% of Symphony Financial Ltd. Co.’s portfolio, making the stock its 13th biggest position. Symphony Financial Ltd. Co.’s holdings in SPDR Portfolio S&P 500 Value ETF were worth $14,223,000 as of its most recent SEC filing.

Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Fiduciary Advisors Inc. acquired a new stake in shares of SPDR Portfolio S&P 500 Value ETF during the 2nd quarter valued at approximately $26,000. Parallel Advisors LLC increased its stake in SPDR Portfolio S&P 500 Value ETF by 63,900.0% in the 2nd quarter. Parallel Advisors LLC now owns 640 shares of the company’s stock valued at $33,000 after purchasing an additional 639 shares in the last quarter. Legacy Investment Solutions LLC acquired a new position in SPDR Portfolio S&P 500 Value ETF during the second quarter worth $36,000. Atlantic Union Bankshares Corp acquired a new position in SPDR Portfolio S&P 500 Value ETF during the second quarter worth $36,000. Finally, Sound Income Strategies LLC boosted its position in SPDR Portfolio S&P 500 Value ETF by 75.8% during the second quarter. Sound Income Strategies LLC now owns 807 shares of the company’s stock worth $42,000 after purchasing an additional 348 shares in the last quarter.

SPDR Portfolio S&P 500 Value ETF Stock Performance

SPDR Portfolio S&P 500 Value ETF stock opened at $57.93 on Friday. The firm has a market capitalization of $32.17 billion, a price-to-earnings 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 $58.50. The stock’s fifty day moving average is $57.05 and its two-hundred day moving average is $55.43.

SPDR Portfolio S&P 500 Value ETF 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.