Madrid Financial Services Makes New $11.49 Million Investment in SPDR Portfolio S&P 500 Value ETF $SPYV

Madrid Financial Services bought a new position in shares of SPDR Portfolio S&P 500 Value ETF (NYSEARCA:SPYV) during the 3rd quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor bought 187,980 shares of the company’s stock, valued at approximately $11,491,000. SPDR Portfolio S&P 500 Value ETF makes up about 6.7% of Madrid Financial Services’ portfolio, making the stock its 4th biggest position.

A number of other large investors have also bought and sold shares of the stock. StoneX Group Inc. bought a new position in shares of SPDR Portfolio S&P 500 Value ETF during the 3rd quarter worth about $457,000. Verus Capital Partners LLC grew its stake in shares of SPDR Portfolio S&P 500 Value ETF by 1.7% in the 3rd quarter. Verus Capital Partners LLC now owns 321,432 shares of the company’s stock valued at $19,649,000 after buying an additional 5,293 shares during the period. Parallel Advisors LLC grew its stake in shares of SPDR Portfolio S&P 500 Value ETF by 186.1% in the 3rd quarter. Parallel Advisors LLC now owns 3,138 shares of the company’s stock valued at $192,000 after buying an additional 2,041 shares during the period. Spectrum Advisors Inc. increased its position in SPDR Portfolio S&P 500 Value ETF by 17.1% in the 3rd quarter. Spectrum Advisors Inc. now owns 83,100 shares of the company’s stock valued at $5,080,000 after buying an additional 12,162 shares in the last quarter. Finally, Asset Dedication LLC bought a new stake in SPDR Portfolio S&P 500 Value ETF in the 3rd quarter valued at about $69,000.

SPDR Portfolio S&P 500 Value ETF Price Performance

Shares of SPDR Portfolio S&P 500 Value ETF stock opened at $63.07 on Friday. The business has a 50-day simple moving average of $62.92 and a 200 day simple moving average of $60.73. SPDR Portfolio S&P 500 Value ETF has a one year low of $54.44 and a one year high of $65.52. The firm has a market capitalization of $38.06 billion, a price-to-earnings ratio of 20.50 and a beta of 0.82.

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.