Shepherd Financial Partners LLC boosted its position in SPDR Portfolio S&P 500 Value ETF (NYSEARCA:SPYV – Free Report) by 3.0% during the third quarter, HoldingsChannel.com reports. The institutional investor owned 568,535 shares of the company’s stock after acquiring an additional 16,532 shares during the quarter. SPDR Portfolio S&P 500 Value ETF makes up 2.8% of Shepherd Financial Partners LLC’s investment portfolio, making the stock its 8th biggest position. Shepherd Financial Partners LLC’s holdings in SPDR Portfolio S&P 500 Value ETF were worth $34,755,000 at the end of the most recent quarter.
A number of other institutional investors have also recently added to or reduced their stakes in SPYV. Weitzel Financial Services Inc. boosted its position in SPDR Portfolio S&P 500 Value ETF by 0.6% in the 3rd quarter. Weitzel Financial Services Inc. now owns 31,071 shares of the company’s stock valued at $1,910,000 after buying an additional 170 shares during the last quarter. Invera Wealth Advisors LLC grew its stake in shares of SPDR Portfolio S&P 500 Value ETF by 4.9% during the third quarter. Invera Wealth Advisors LLC now owns 3,629 shares of the company’s stock valued at $222,000 after acquiring an additional 171 shares in the last quarter. Cornerstone Advisors Asset Management LLC grew its stake in shares of SPDR Portfolio S&P 500 Value ETF by 0.4% during the second quarter. Cornerstone Advisors Asset Management LLC now owns 40,248 shares of the company’s stock valued at $2,447,000 after acquiring an additional 178 shares in the last quarter. Lantern Wealth Advisors LLC increased its position in shares of SPDR Portfolio S&P 500 Value ETF by 0.8% during the third quarter. Lantern Wealth Advisors LLC now owns 23,122 shares of the company’s stock worth $1,413,000 after acquiring an additional 194 shares during the last quarter. Finally, Montz Harcus Wealth Management LLC increased its position in shares of SPDR Portfolio S&P 500 Value ETF by 4.4% during the third quarter. Montz Harcus Wealth Management LLC now owns 5,099 shares of the company’s stock worth $312,000 after acquiring an additional 214 shares during the last quarter.
SPDR Portfolio S&P 500 Value ETF Stock Performance
NYSEARCA:SPYV opened at $63.07 on Friday. SPDR Portfolio S&P 500 Value ETF has a one year low of $54.44 and a one year high of $65.52. The business’s 50-day simple moving average is $62.92 and its 200 day simple moving average is $60.73. The stock has a market cap of $38.06 billion, a price-to-earnings ratio of 20.50 and a beta of 0.82.
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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