Gateway Wealth Partners LLC Has $20.75 Million Position in SPDR Portfolio S&P 500 Value ETF $SPYV

Gateway Wealth Partners LLC grew its holdings in SPDR Portfolio S&P 500 Value ETF (NYSEARCA:SPYV) by 175.2% in the first quarter, according to the company in its most recent Form 13F filing with the SEC. The institutional investor owned 366,709 shares of the company’s stock after buying an additional 233,474 shares during the quarter. SPDR Portfolio S&P 500 Value ETF makes up 0.8% of Gateway Wealth Partners LLC’s portfolio, making the stock its 22nd largest position. Gateway Wealth Partners LLC owned 0.07% of SPDR Portfolio S&P 500 Value ETF worth $20,748,000 as of its most recent SEC filing.

Other hedge funds also recently modified their holdings of the company. AQR Capital Management LLC grew its holdings in shares of SPDR Portfolio S&P 500 Value ETF by 13.9% in the 1st quarter. AQR Capital Management LLC now owns 65,816 shares of the company’s stock valued at $3,361,000 after acquiring an additional 8,012 shares in the last quarter. Russell Investments Group Ltd. raised 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 worth $272,000 after acquiring an additional 3,994 shares in the last quarter. Marshall Wace LLP acquired a new position in SPDR Portfolio S&P 500 Value ETF during the second quarter valued at approximately $3,008,000. Qube Research & Technologies Ltd boosted its position in SPDR Portfolio S&P 500 Value ETF by 28.5% during the second quarter. Qube Research & Technologies Ltd now owns 10,800 shares of the company’s stock valued at $565,000 after purchasing an additional 2,394 shares during the last quarter. Finally, Peapack Gladstone Financial Corp bought a new position in SPDR Portfolio S&P 500 Value ETF in the second quarter valued at approximately $295,000.

SPDR Portfolio S&P 500 Value ETF Price Performance

NYSEARCA:SPYV opened at $61.94 on Monday. SPDR Portfolio S&P 500 Value ETF has a twelve month low of $51.97 and a twelve month high of $62.55. The firm has a market capitalization of $36.03 billion, a price-to-earnings ratio of 20.50 and a beta of 0.82. The stock’s 50 day moving average price is $61.13 and its two-hundred day moving average price is $59.31.

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.