Founders Financial Securities LLC bought a new position in SPDR Portfolio S&P 500 Value ETF (NYSEARCA:SPYV – Free Report) in the 3rd quarter, according to its most recent disclosure with the Securities & Exchange Commission. The fund bought 1,567,448 shares of the company’s stock, valued at approximately $95,818,000. SPDR Portfolio S&P 500 Value ETF comprises approximately 4.7% of Founders Financial Securities LLC’s holdings, making the stock its 2nd largest holding. Founders Financial Securities LLC owned approximately 0.26% of SPDR Portfolio S&P 500 Value ETF as of its most recent SEC filing.
Other hedge funds have also recently modified their holdings of the company. Hartford Financial Management Inc. bought a new position in SPDR Portfolio S&P 500 Value ETF during the 3rd quarter valued at about $26,000. Foresight Capital Management Advisors Inc. bought a new position in shares of SPDR Portfolio S&P 500 Value ETF during the 3rd quarter valued at $26,000. Davis Capital Management bought a new position in shares of SPDR Portfolio S&P 500 Value ETF during the 3rd quarter valued at $27,000. Meramec Financial Planners LLC purchased a new position in shares of SPDR Portfolio S&P 500 Value ETF in the 1st quarter worth $28,000. Finally, Signature Equity Partners LLC boosted its stake in shares of SPDR Portfolio S&P 500 Value ETF by 163.2% in the 1st quarter. Signature Equity Partners LLC now owns 500 shares of the company’s stock worth $28,000 after buying an additional 310 shares during the last quarter.
SPDR Portfolio S&P 500 Value ETF Price Performance
Shares of SPYV opened at $64.63 on Friday. SPDR Portfolio S&P 500 Value ETF has a one year low of $54.44 and a one year high of $64.64. The firm has a market capitalization of $39.09 billion, a P/E ratio of 20.50 and a beta of 0.82. The business has a fifty day moving average of $62.87 and a 200 day moving average of $60.55.
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.
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