Farther Finance Advisors LLC increased its holdings in SPDR Portfolio S&P 500 Value ETF (NYSEARCA:SPYV – Free Report) by 92.5% in the third quarter, Holdings Channel.com reports. The firm owned 368,611 shares of the company’s stock after purchasing an additional 177,101 shares during the period. Farther Finance Advisors LLC’s holdings in SPDR Portfolio S&P 500 Value ETF were worth $22,533,000 at the end of the most recent quarter.
Other institutional investors have also recently added to or reduced their stakes in the company. The Manufacturers Life Insurance Company lifted its holdings in shares of SPDR Portfolio S&P 500 Value ETF by 1,807.9% during the 2nd quarter. The Manufacturers Life Insurance Company now owns 6,312,030 shares of the company’s stock worth $383,708,000 after acquiring an additional 5,981,186 shares during the period. 71 West Capital Partners purchased a new stake in SPDR Portfolio S&P 500 Value ETF in the fourth quarter valued at approximately $59,561,000. Diversify Wealth Management LLC grew its holdings in SPDR Portfolio S&P 500 Value ETF by 48.7% in the first quarter. Diversify Wealth Management LLC now owns 2,618,389 shares of the company’s stock valued at $154,878,000 after purchasing an additional 857,802 shares during the period. Navigation Group LLC acquired a new position in SPDR Portfolio S&P 500 Value ETF during the first quarter worth approximately $30,815,000. Finally, MCF Advisors LLC increased its position in SPDR Portfolio S&P 500 Value ETF by 5,428.5% during the second quarter. MCF Advisors LLC now owns 453,394 shares of the company’s stock worth $27,562,000 after purchasing an additional 445,193 shares during the last quarter.
SPDR Portfolio S&P 500 Value ETF Price Performance
NYSEARCA:SPYV traded up $0.39 during trading hours on Thursday, reaching $62.19. 1,763,434 shares of the company were exchanged, compared to its average volume of 2,801,889. The firm has a market cap of $36.23 billion, a price-to-earnings ratio of 20.50 and a beta of 0.82. The stock has a 50 day simple moving average of $62.80 and a 200 day simple moving average of $60.96. SPDR Portfolio S&P 500 Value ETF has a 52-week low of $54.24 and a 52-week high of $64.26.
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.
Featured Articles
- Five stocks we like better than SPDR Portfolio S&P 500 Value ETF
- Want Private-Market Access to Kalshi and Polymarket? Try This ETF
- Levi’s Stock Dip Reveals Value Opportunity Despite Q3 Headwinds
- PepsiCo Stock Looks Poised to Bottom With High Yield, Deep Value
- Alphabet’s $1.8 Billion Black Hills Deal Powers AI Data Center Push
Want to see what other hedge funds are holding SPYV? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for SPDR Portfolio S&P 500 Value ETF (NYSEARCA:SPYV – Free Report).
Receive News & Ratings for SPDR Portfolio S&P 500 Value ETF Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for SPDR Portfolio S&P 500 Value ETF and related companies with MarketBeat.com's FREE daily email newsletter.
