Private Advisory Group LLC Makes New $5.75 Million Investment in SPDR Portfolio S&P 500 Value ETF $SPYV

Private Advisory Group LLC bought a new stake in SPDR Portfolio S&P 500 Value ETF (NYSEARCA:SPYV) during the 3rd quarter, Holdings Channel.com reports. The institutional investor bought 94,048 shares of the company’s stock, valued at approximately $5,749,000.

Other hedge funds have also made changes to their positions in the company. The Manufacturers Life Insurance Company raised its stake in shares of SPDR Portfolio S&P 500 Value ETF by 1,807.9% during the 2nd quarter. The Manufacturers Life Insurance Company now owns 6,312,030 shares of the company’s stock worth $383,708,000 after buying an additional 5,981,186 shares during the last quarter. NorthRock Partners LLC boosted its position in shares of SPDR Portfolio S&P 500 Value ETF by 6.6% in the 2nd quarter. NorthRock Partners LLC now owns 4,889,672 shares of the company’s stock worth $297,243,000 after buying an additional 303,367 shares in the last quarter. Vantagepoint Investment Advisers LLC purchased a new stake in shares of SPDR Portfolio S&P 500 Value ETF in the 3rd quarter worth about $263,007,000. Cetera Investment Advisers boosted its position in shares of SPDR Portfolio S&P 500 Value ETF by 5.8% in the 1st quarter. Cetera Investment Advisers now owns 4,205,952 shares of the company’s stock worth $237,973,000 after buying an additional 230,152 shares in the last quarter. Finally, Diversify Advisory Services LLC grew its stake in SPDR Portfolio S&P 500 Value ETF by 9.0% in the 3rd quarter. Diversify Advisory Services LLC now owns 3,073,276 shares of the company’s stock valued at $193,985,000 after acquiring an additional 254,409 shares during the last quarter.

SPDR Portfolio S&P 500 Value ETF Trading Down 0.4%

Shares of NYSEARCA SPYV opened at $64.73 on Friday. The company’s 50-day moving average price is $63.02 and its 200 day moving average price is $60.86. SPDR Portfolio S&P 500 Value ETF has a 52 week low of $54.44 and a 52 week high of $65.52. The stock has a market cap of $38.88 billion, a price-to-earnings ratio of 22.31 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.