Ackerman Capital Advisors LLC Purchases 176,967 Shares of SPDR Portfolio S&P 500 Value ETF $SPYV

Ackerman Capital Advisors LLC lifted its position in SPDR Portfolio S&P 500 Value ETF (NYSEARCA:SPYV) by 60.2% during the 2nd quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 471,136 shares of the company’s stock after acquiring an additional 176,967 shares during the period. SPDR Portfolio S&P 500 Value ETF accounts for approximately 5.7% of Ackerman Capital Advisors LLC’s investment portfolio, making the stock its 4th biggest holding. Ackerman Capital Advisors LLC owned about 0.09% of SPDR Portfolio S&P 500 Value ETF worth $24,659,000 at the end of the most recent reporting period.

Other hedge funds have also recently made changes to their positions in the company. Elite Financial Inc. acquired a new position in shares of SPDR Portfolio S&P 500 Value ETF in the 1st quarter valued at $25,000. Fiduciary Advisors Inc. acquired a new stake in SPDR Portfolio S&P 500 Value ETF during the 2nd quarter worth about $26,000. Tompkins Financial Corp grew its position in SPDR Portfolio S&P 500 Value ETF by 4,681.8% during the 2nd quarter. Tompkins Financial Corp now owns 526 shares of the company’s stock worth $28,000 after purchasing an additional 515 shares during the period. Headlands Technologies LLC acquired a new stake in SPDR Portfolio S&P 500 Value ETF during the 1st quarter worth about $29,000. Finally, VSM Wealth Advisory LLC acquired a new stake in SPDR Portfolio S&P 500 Value ETF during the 1st quarter worth about $30,000.

SPDR Portfolio S&P 500 Value ETF Stock Performance

Shares of SPYV opened at $54.27 on Friday. The business’s 50-day moving average is $54.49 and its two-hundred day moving average is $52.03. The company has a market capitalization of $29.16 billion, a P/E ratio of 20.50 and a beta of 0.94. SPDR Portfolio S&P 500 Value ETF has a fifty-two week low of $44.39 and a fifty-two week high of $56.03.

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.