Hsbc Holdings PLC Acquires 45,242 Shares of SPDR Portfolio S&P 500 Value ETF $SPYV

Hsbc Holdings PLC grew its holdings in shares of SPDR Portfolio S&P 500 Value ETF (NYSEARCA:SPYV) by 22.8% during the first quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 243,536 shares of the company’s stock after purchasing an additional 45,242 shares during the period. Hsbc Holdings PLC’s holdings in SPDR Portfolio S&P 500 Value ETF were worth $13,779,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors also recently made changes to their positions in the business. SkyOak Wealth LLC grew its position in SPDR Portfolio S&P 500 Value ETF by 4.4% during the first quarter. SkyOak Wealth LLC now owns 519,061 shares of the company’s stock worth $29,368,000 after buying an additional 22,074 shares in the last quarter. Mosaic Family Wealth Partners LLC lifted its position in shares of SPDR Portfolio S&P 500 Value ETF by 102.7% during the 1st quarter. Mosaic Family Wealth Partners LLC now owns 9,042 shares of the company’s stock valued at $512,000 after acquiring an additional 4,581 shares during the period. Kestra Advisory Services LLC lifted its position in shares of SPDR Portfolio S&P 500 Value ETF by 6.4% during the 1st quarter. Kestra Advisory Services LLC now owns 274,086 shares of the company’s stock valued at $15,508,000 after acquiring an additional 16,584 shares during the period. Money Concepts Capital Corp grew its holdings in shares of SPDR Portfolio S&P 500 Value ETF by 4.1% during the 1st quarter. Money Concepts Capital Corp now owns 65,147 shares of the company’s stock worth $3,686,000 after purchasing an additional 2,593 shares in the last quarter. Finally, Demars Financial Group LLC grew its holdings in shares of SPDR Portfolio S&P 500 Value ETF by 2.5% during the 1st quarter. Demars Financial Group LLC now owns 51,334 shares of the company’s stock worth $2,904,000 after purchasing an additional 1,273 shares in the last quarter.

SPDR Portfolio S&P 500 Value ETF Stock Up 0.1%

SPYV stock opened at $61.80 on Thursday. The company has a market cap of $35.98 billion, a PE ratio of 20.50 and a beta of 0.82. The business has a 50-day simple moving average of $61.07 and a 200 day simple moving average of $59.24. SPDR Portfolio S&P 500 Value ETF has a 52 week low of $51.97 and a 52 week high of $62.55.

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. 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.