Cerro Pacific Wealth Advisors LLC Acquires Shares of 10,104 SPDR Portfolio S&P 500 Value ETF $SPYV

Cerro Pacific Wealth Advisors LLC acquired a new stake in SPDR Portfolio S&P 500 Value ETF (NYSEARCA:SPYV) in the 2nd quarter, according to the company in its most recent filing with the SEC. The firm acquired 10,104 shares of the company’s stock, valued at approximately $529,000.

Other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. Wealth Enhancement Advisory Services LLC increased its stake in SPDR Portfolio S&P 500 Value ETF by 172.5% in the 1st quarter. Wealth Enhancement Advisory Services LLC now owns 3,534,578 shares of the company’s stock valued at $180,511,000 after buying an additional 2,237,528 shares during the last quarter. CENTRAL TRUST Co increased its stake in SPDR Portfolio S&P 500 Value ETF by 746.5% in the 1st quarter. CENTRAL TRUST Co now owns 1,583 shares of the company’s stock valued at $81,000 after buying an additional 1,396 shares during the last quarter. Flow Traders U.S. LLC purchased a new stake in SPDR Portfolio S&P 500 Value ETF in the 1st quarter valued at about $386,000. Good Life Advisors LLC increased its stake in SPDR Portfolio S&P 500 Value ETF by 7.2% in the 1st quarter. Good Life Advisors LLC now owns 1,327,569 shares of the company’s stock valued at $67,799,000 after buying an additional 89,021 shares during the last quarter. Finally, Hsbc Holdings PLC increased its stake in SPDR Portfolio S&P 500 Value ETF by 266.1% in the 1st quarter. Hsbc Holdings PLC now owns 55,563 shares of the company’s stock valued at $2,838,000 after buying an additional 40,385 shares during the last quarter.

SPDR Portfolio S&P 500 Value ETF Stock Down 2.2%

Shares of SPYV stock opened at $54.27 on Friday. The company has a 50 day moving average of $54.49 and a 200-day moving average of $52.03. SPDR Portfolio S&P 500 Value ETF has a 12-month low of $44.39 and a 12-month high of $56.03. The firm has a market cap of $29.16 billion, a P/E ratio of 20.50 and a beta of 0.94.

About SPDR Portfolio S&P 500 Value ETF

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.