SPDR Portfolio S&P 500 Value ETF $SPYV Stock: Stone Summit Wealth LLC Raises Position

Stone Summit Wealth LLC grew its position in SPDR Portfolio S&P 500 Value ETF (NYSEARCA:SPYV) by 16.4% during the 3rd quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 177,070 shares of the company’s stock after purchasing an additional 24,964 shares during the period. SPDR Portfolio S&P 500 Value ETF comprises about 3.0% of Stone Summit Wealth LLC’s holdings, making the stock its 8th largest position. Stone Summit Wealth LLC’s holdings in SPDR Portfolio S&P 500 Value ETF were worth $10,824,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors also recently made changes to their positions in the company. Topsail Wealth Management LLC lifted its holdings in shares of SPDR Portfolio S&P 500 Value ETF by 5.3% during the 1st quarter. Topsail Wealth Management LLC now owns 3,450 shares of the company’s stock valued at $195,000 after buying an additional 175 shares during the last quarter. SmartHarvest Portfolios LLC grew its stake in shares of SPDR Portfolio S&P 500 Value ETF by 4.6% in the 1st quarter. SmartHarvest Portfolios LLC now owns 4,008 shares of the company’s stock valued at $227,000 after buying an additional 176 shares in the last quarter. Cornerstone Advisors Asset Management LLC grew its stake in shares of SPDR Portfolio S&P 500 Value ETF by 0.4% in the 2nd quarter. Cornerstone Advisors Asset Management LLC now owns 40,248 shares of the company’s stock valued at $2,447,000 after buying an additional 178 shares in the last quarter. PMG Wealth Management Inc. increased its holdings in SPDR Portfolio S&P 500 Value ETF by 1.8% in the first quarter. PMG Wealth Management Inc. now owns 11,068 shares of the company’s stock worth $626,000 after buying an additional 201 shares during the last quarter. Finally, Montz Harcus Wealth Management LLC increased its holdings in SPDR Portfolio S&P 500 Value ETF by 4.4% in the third quarter. Montz Harcus Wealth Management LLC now owns 5,099 shares of the company’s stock worth $312,000 after buying an additional 214 shares during the last quarter.

SPDR Portfolio S&P 500 Value ETF Stock Performance

NYSEARCA:SPYV opened at $62.67 on Wednesday. The company has a market capitalization of $36.57 billion, a P/E ratio of 20.50 and a beta of 0.82. The stock’s 50 day moving average price is $62.80 and its 200 day moving average price is $61.14. SPDR Portfolio S&P 500 Value ETF has a 52 week low of $54.35 and a 52 week high of $64.26.

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.