Eclectic Associates Inc. ADV Makes New $4.41 Million Investment in SPDR Portfolio S&P 500 Value ETF $SPYV

Eclectic Associates Inc. ADV acquired a new position in shares of SPDR Portfolio S&P 500 Value ETF (NYSEARCA:SPYV) during the 3rd quarter, Holdings Channel reports. The firm acquired 72,093 shares of the company’s stock, valued at approximately $4,407,000.

A number of other hedge funds and other institutional investors also recently modified their holdings of the company. Davis Capital Management bought a new stake in shares of SPDR Portfolio S&P 500 Value ETF in the third quarter valued at about $27,000. Meramec Financial Planners LLC bought a new position in SPDR Portfolio S&P 500 Value ETF during the first quarter worth about $28,000. Signature Equity Partners LLC increased its position in SPDR Portfolio S&P 500 Value ETF by 163.2% during the first quarter. Signature Equity Partners LLC now owns 500 shares of the company’s stock worth $28,000 after acquiring an additional 310 shares during the period. Advisortrust Partners LLC acquired a new stake in SPDR Portfolio S&P 500 Value ETF in the 1st quarter worth about $29,000. Finally, Evelyn Partners Asset Management Ltd acquired a new stake in SPDR Portfolio S&P 500 Value ETF in the 1st quarter worth about $46,000.

SPDR Portfolio S&P 500 Value ETF Stock Up 0.6%

NYSEARCA SPYV opened at $62.19 on Friday. The firm has a 50-day moving average price of $62.80 and a two-hundred day moving average price of $61.00. SPDR Portfolio S&P 500 Value ETF has a 12-month low of $54.24 and a 12-month high of $64.26. The company has a market capitalization of $36.23 billion, a P/E ratio of 20.50 and a beta of 0.82.

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.