Waterway Wealth Management LLC Purchases Shares of 12,190 SPDR Portfolio S&P 500 Value ETF $SPYV

Waterway Wealth Management LLC purchased a new stake in shares of SPDR Portfolio S&P 500 Value ETF (NYSEARCA:SPYV) in the 1st quarter, according to the company in its most recent disclosure with the SEC. The institutional investor purchased 12,190 shares of the company’s stock, valued at approximately $690,000.

Several other institutional investors have also recently made changes to their positions in the business. AQR Capital Management LLC boosted its holdings in shares of SPDR Portfolio S&P 500 Value ETF by 13.9% in the first quarter. AQR Capital Management LLC now owns 65,816 shares of the company’s stock worth $3,361,000 after buying an additional 8,012 shares during the last quarter. Russell Investments Group Ltd. increased its holdings in SPDR Portfolio S&P 500 Value ETF by 330.6% during the second quarter. Russell Investments Group Ltd. now owns 5,202 shares of the company’s stock valued at $272,000 after buying an additional 3,994 shares during the last quarter. Marshall Wace LLP purchased a new stake in SPDR Portfolio S&P 500 Value ETF during the second quarter valued at approximately $3,008,000. Qube Research & Technologies Ltd raised its position in SPDR Portfolio S&P 500 Value ETF by 28.5% in the second quarter. Qube Research & Technologies Ltd now owns 10,800 shares of the company’s stock worth $565,000 after acquiring an additional 2,394 shares during the period. Finally, Peapack Gladstone Financial Corp bought a new position in SPDR Portfolio S&P 500 Value ETF in the second quarter worth approximately $295,000.

SPDR Portfolio S&P 500 Value ETF Price Performance

Shares of SPDR Portfolio S&P 500 Value ETF stock opened at $60.55 on Friday. SPDR Portfolio S&P 500 Value ETF has a 1-year low of $51.70 and a 1-year high of $61.87. The company’s fifty day simple moving average is $60.27 and its 200-day simple moving average is $58.65. The stock has a market capitalization of $34.03 billion, a PE ratio of 20.50 and a beta of 0.82.

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. 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.