Verus Capital Partners LLC Buys 11,456 Shares of SPDR Portfolio S&P 500 Value ETF $SPYV

Verus Capital Partners LLC lifted its position in shares of SPDR Portfolio S&P 500 Value ETF (NYSEARCA:SPYV) by 4.3% in the third quarter, HoldingsChannel reports. The fund owned 278,418 shares of the company’s stock after buying an additional 11,456 shares during the period. SPDR Portfolio S&P 500 Value ETF accounts for approximately 1.1% of Verus Capital Partners LLC’s investment portfolio, making the stock its 13th largest holding. Verus Capital Partners LLC’s holdings in SPDR Portfolio S&P 500 Value ETF were worth $15,405,000 as of its most recent SEC filing.

Several other hedge funds have also added to or reduced their stakes in the company. Abich Financial Wealth Management LLC acquired a new stake in shares of SPDR Portfolio S&P 500 Value ETF during the 3rd quarter worth approximately $27,000. Legacy Investment Solutions LLC acquired a new position in shares of SPDR Portfolio S&P 500 Value ETF in the 2nd quarter valued at $36,000. Atlantic Union Bankshares Corp acquired a new stake in shares of SPDR Portfolio S&P 500 Value ETF during the second quarter worth $36,000. Steigerwald Gordon & Koch Inc. bought a new stake in SPDR Portfolio S&P 500 Value ETF in the third quarter valued at about $44,000. Finally, TFC Financial Management Inc. bought a new stake in SPDR Portfolio S&P 500 Value ETF in the third quarter valued at about $44,000.

SPDR Portfolio S&P 500 Value ETF Trading Up 0.5%

Shares of SPYV opened at $59.26 on Monday. SPDR Portfolio S&P 500 Value ETF has a 1 year low of $44.39 and a 1 year high of $59.75. The stock has a market cap of $33.03 billion, a P/E ratio of 20.50 and a beta of 0.89. The stock’s 50-day moving average price is $58.03 and its two-hundred day moving average price is $56.28.

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.