Stevens Capital Partners raised its holdings in SPDR Portfolio S&P 500 Value ETF (NYSEARCA:SPYV – Free Report) by 8.8% during the 3rd quarter, HoldingsChannel reports. The institutional investor owned 285,094 shares of the company’s stock after purchasing an additional 22,968 shares during the period. SPDR Portfolio S&P 500 Value ETF makes up 3.0% of Stevens Capital Partners’ portfolio, making the stock its 6th biggest position. Stevens Capital Partners’ holdings in SPDR Portfolio S&P 500 Value ETF were worth $17,428,000 at the end of the most recent quarter.
A number of other hedge funds also recently made changes to their positions in SPYV. Hartford Financial Management Inc. bought a new position in shares of SPDR Portfolio S&P 500 Value ETF during the 3rd quarter worth about $26,000. Foresight Capital Management Advisors Inc. bought a new stake in SPDR Portfolio S&P 500 Value ETF in the third quarter valued at about $26,000. Davis Capital Management bought a new stake in SPDR Portfolio S&P 500 Value ETF in the third quarter valued at about $27,000. Meramec Financial Planners LLC acquired a new position in SPDR Portfolio S&P 500 Value ETF in the first quarter worth about $28,000. Finally, Signature Equity Partners LLC raised its position in SPDR Portfolio S&P 500 Value ETF by 163.2% in the first quarter. Signature Equity Partners LLC now owns 500 shares of the company’s stock worth $28,000 after purchasing an additional 310 shares in the last quarter.
SPDR Portfolio S&P 500 Value ETF Stock Down 0.8%
Shares of SPYV opened at $64.13 on Friday. The stock has a market cap of $38.80 billion, a price-to-earnings ratio of 20.50 and a beta of 0.82. SPDR Portfolio S&P 500 Value ETF has a 12 month low of $54.44 and a 12 month high of $64.64. The company has a 50-day moving average price of $62.88 and a two-hundred day moving average price of $60.58.
SPDR Portfolio S&P 500 Value ETF Company 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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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).
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