Smithbridge Asset Management Inc. DE Purchases 11,209 Shares of SPDR Portfolio S&P 500 Value ETF $SPYV

Smithbridge Asset Management Inc. DE increased its holdings in SPDR Portfolio S&P 500 Value ETF (NYSEARCA:SPYV) by 6.4% during the third quarter, according to its most recent disclosure with the SEC. The institutional investor owned 185,659 shares of the company’s stock after buying an additional 11,209 shares during the period. SPDR Portfolio S&P 500 Value ETF accounts for approximately 1.5% of Smithbridge Asset Management Inc. DE’s portfolio, making the stock its 20th largest holding. Smithbridge Asset Management Inc. DE’s holdings in SPDR Portfolio S&P 500 Value ETF were worth $10,273,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also bought and sold shares of the stock. Fiduciary Advisors Inc. bought a new stake in shares of SPDR Portfolio S&P 500 Value ETF during the 2nd quarter worth $26,000. Parallel Advisors LLC boosted its stake in SPDR Portfolio S&P 500 Value ETF by 63,900.0% in the second quarter. Parallel Advisors LLC now owns 640 shares of the company’s stock worth $33,000 after buying an additional 639 shares in the last quarter. Legacy Investment Solutions LLC purchased a new position in SPDR Portfolio S&P 500 Value ETF in the 2nd quarter worth $36,000. Atlantic Union Bankshares Corp bought a new stake in SPDR Portfolio S&P 500 Value ETF in the second quarter worth $36,000. Finally, Sound Income Strategies LLC grew its stake in shares of SPDR Portfolio S&P 500 Value ETF by 75.8% during the second quarter. Sound Income Strategies LLC now owns 807 shares of the company’s stock valued at $42,000 after buying an additional 348 shares during the last quarter.

SPDR Portfolio S&P 500 Value ETF Trading Down 0.2%

NYSEARCA SPYV opened at $58.18 on Friday. The stock has a 50-day moving average of $56.90 and a 200-day moving average of $55.28. SPDR Portfolio S&P 500 Value ETF has a 1-year low of $44.39 and a 1-year high of $58.50. The firm has a market cap of $32.36 billion, a PE ratio of 20.50 and a beta of 0.89.

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.