MCF Advisors LLC Increases Stake in SPDR Portfolio S&P 500 Value ETF $SPYV

MCF Advisors LLC lifted its stake in SPDR Portfolio S&P 500 Value ETF (NYSEARCA:SPYV) by 5,428.5% during the 2nd quarter, Holdings Channel.com reports. The institutional investor owned 453,394 shares of the company’s stock after buying an additional 445,193 shares during the quarter. SPDR Portfolio S&P 500 Value ETF accounts for approximately 1.0% of MCF Advisors LLC’s holdings, making the stock its 22nd largest position. MCF Advisors LLC’s holdings in SPDR Portfolio S&P 500 Value ETF were worth $27,562,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also recently modified their holdings of the stock. Rockefeller Capital Management L.P. increased its holdings in shares of SPDR Portfolio S&P 500 Value ETF by 7.1% in the fourth quarter. Rockefeller Capital Management L.P. now owns 278,065 shares of the company’s stock worth $15,797,000 after purchasing an additional 18,366 shares during the last quarter. Potentia Wealth boosted its stake in SPDR Portfolio S&P 500 Value ETF by 3.1% during the fourth quarter. Potentia Wealth now owns 455,161 shares of the company’s stock valued at $25,858,000 after buying an additional 13,826 shares during the last quarter. Hsbc Holdings PLC boosted its stake in SPDR Portfolio S&P 500 Value ETF by 26.6% during the fourth quarter. Hsbc Holdings PLC now owns 198,294 shares of the company’s stock valued at $11,265,000 after buying an additional 41,670 shares during the last quarter. Palladiem LLC bought a new position in SPDR Portfolio S&P 500 Value ETF during the fourth quarter valued at approximately $4,421,000. Finally, Compton Financial Group LLC grew its holdings in SPDR Portfolio S&P 500 Value ETF by 43.5% during the 4th quarter. Compton Financial Group LLC now owns 1,434,747 shares of the company’s stock valued at $81,508,000 after buying an additional 434,764 shares in the last quarter.

SPDR Portfolio S&P 500 Value ETF Price Performance

NYSEARCA:SPYV opened at $62.67 on Thursday. SPDR Portfolio S&P 500 Value ETF has a 1 year low of $53.94 and a 1 year high of $64.26. The stock’s 50 day simple moving average is $62.68 and its two-hundred day simple moving average is $60.41. The company has a market cap of $36.54 billion, a price-to-earnings ratio of 20.50 and a beta of 0.82.

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.