Strategic Financial Concepts LLC Buys 965,401 Shares of SPDR Portfolio S&P 500 Value ETF $SPYV

Strategic Financial Concepts LLC lifted its stake in SPDR Portfolio S&P 500 Value ETF (NYSEARCA:SPYV) by 3,960.9% during the second quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund owned 989,774 shares of the company’s stock after acquiring an additional 965,401 shares during the quarter. SPDR Portfolio S&P 500 Value ETF makes up 7.3% of Strategic Financial Concepts LLC’s portfolio, making the stock its 3rd biggest holding. Strategic Financial Concepts LLC owned 0.19% of SPDR Portfolio S&P 500 Value ETF worth $51,805,000 as of its most recent filing with the Securities and Exchange Commission.

Other hedge funds have also modified their holdings of the company. Elite Financial Inc. acquired a new position in shares of SPDR Portfolio S&P 500 Value ETF in the first quarter worth $25,000. Fiduciary Advisors Inc. acquired a new position in shares of SPDR Portfolio S&P 500 Value ETF in the second quarter worth $26,000. Tompkins Financial Corp increased its stake in shares of SPDR Portfolio S&P 500 Value ETF by 4,681.8% in the second quarter. Tompkins Financial Corp now owns 526 shares of the company’s stock worth $28,000 after acquiring an additional 515 shares during the last quarter. Headlands Technologies LLC acquired a new position in shares of SPDR Portfolio S&P 500 Value ETF in the first quarter worth $29,000. Finally, VSM Wealth Advisory LLC acquired a new position in shares of SPDR Portfolio S&P 500 Value ETF in the first quarter worth $30,000.

SPDR Portfolio S&P 500 Value ETF Price Performance

SPDR Portfolio S&P 500 Value ETF stock opened at $55.98 on Friday. The company has a market capitalization of $30.13 billion, a price-to-earnings ratio of 20.50 and a beta of 0.89. SPDR Portfolio S&P 500 Value ETF has a one year low of $44.39 and a one year high of $56.75. The company’s fifty day moving average price is $55.12 and its two-hundred day moving average price is $52.81.

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.