Inspirion Wealth Advisors LLC Makes New Investment in SPDR Portfolio S&P 500 Value ETF $SPYV

Inspirion Wealth Advisors LLC purchased a new stake in shares of SPDR Portfolio S&P 500 Value ETF (NYSEARCA:SPYV) in the third quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund purchased 119,701 shares of the company’s stock, valued at approximately $7,317,000. SPDR Portfolio S&P 500 Value ETF accounts for 0.8% of Inspirion Wealth Advisors LLC’s portfolio, making the stock its 22nd largest holding.

Several other institutional investors and hedge funds also recently added to or reduced their stakes in SPYV. Valmark Advisers Inc. raised its holdings in shares of SPDR Portfolio S&P 500 Value ETF by 2.9% in the 1st quarter. Valmark Advisers Inc. now owns 8,996,058 shares of the company’s stock worth $508,997,000 after purchasing an additional 255,913 shares during the period. The Manufacturers Life Insurance Company grew its holdings in shares of SPDR Portfolio S&P 500 Value ETF by 1,807.9% during the 2nd quarter. The Manufacturers Life Insurance Company now owns 6,312,030 shares of the company’s stock worth $383,708,000 after purchasing an additional 5,981,186 shares during the period. NorthRock Partners LLC grew its holdings in shares of SPDR Portfolio S&P 500 Value ETF by 6.6% during the 2nd quarter. NorthRock Partners LLC now owns 4,889,672 shares of the company’s stock worth $297,243,000 after purchasing an additional 303,367 shares during the period. Cetera Investment Advisers increased its position in SPDR Portfolio S&P 500 Value ETF by 5.8% during the 1st quarter. Cetera Investment Advisers now owns 4,205,952 shares of the company’s stock worth $237,973,000 after purchasing an additional 230,152 shares in the last quarter. Finally, Quotient Wealth Partners LLC increased its position in SPDR Portfolio S&P 500 Value ETF by 7.6% during the 1st quarter. Quotient Wealth Partners LLC now owns 3,840,648 shares of the company’s stock worth $217,304,000 after purchasing an additional 272,930 shares in the last quarter.

SPDR Portfolio S&P 500 Value ETF Stock Performance

NYSEARCA SPYV opened at $62.19 on Friday. The firm has a market capitalization of $36.23 billion, a price-to-earnings ratio of 20.50 and a beta of 0.82. SPDR Portfolio S&P 500 Value ETF has a one year low of $54.24 and a one year high of $64.26. The company’s 50 day moving average price is $62.80 and its 200 day moving average price is $61.00.

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.