336,939 Shares in SPDR Portfolio S&P 500 Value ETF $SPYV Bought by Kestra Private Wealth Services LLC

Kestra Private Wealth Services LLC purchased a new position in SPDR Portfolio S&P 500 Value ETF (NYSEARCA:SPYV) during the 3rd quarter, HoldingsChannel reports. The institutional investor purchased 336,939 shares of the company’s stock, valued at approximately $20,597,000.

A number of other hedge funds have also recently added to or reduced their stakes in the company. Valmark Advisers Inc. raised its holdings in SPDR Portfolio S&P 500 Value ETF by 2.9% during the first quarter. Valmark Advisers Inc. now owns 8,996,058 shares of the company’s stock worth $508,997,000 after buying an additional 255,913 shares during the last quarter. The Manufacturers Life Insurance Company lifted its stake in shares of SPDR Portfolio S&P 500 Value ETF by 1,807.9% in the second quarter. The Manufacturers Life Insurance Company now owns 6,312,030 shares of the company’s stock valued at $383,708,000 after buying an additional 5,981,186 shares in the last quarter. NorthRock Partners LLC lifted its stake in shares of SPDR Portfolio S&P 500 Value ETF by 6.6% in the second quarter. NorthRock Partners LLC now owns 4,889,672 shares of the company’s stock valued at $297,243,000 after buying an additional 303,367 shares in the last quarter. Vantagepoint Investment Advisers LLC bought a new position in shares of SPDR Portfolio S&P 500 Value ETF in the third quarter valued at $263,007,000. Finally, Cetera Investment Advisers grew its holdings in shares of SPDR Portfolio S&P 500 Value ETF by 5.8% during the first quarter. Cetera Investment Advisers now owns 4,205,952 shares of the company’s stock valued at $237,973,000 after buying an additional 230,152 shares during the last quarter.

SPDR Portfolio S&P 500 Value ETF Price Performance

SPYV opened at $65.14 on Thursday. SPDR Portfolio S&P 500 Value ETF has a fifty-two week low of $54.44 and a fifty-two week high of $65.21. The firm has a market capitalization of $39.46 billion, a PE ratio of 20.50 and a beta of 0.82. The company’s 50-day moving average is $62.93 and its 200 day moving average is $60.67.

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.