Provenance Wealth Advisors LLC Buys 21,908 Shares of SPDR Portfolio S&P 500 Value ETF $SPYV

Provenance Wealth Advisors LLC boosted its position in SPDR Portfolio S&P 500 Value ETF (NYSEARCA:SPYV) by 5.2% in the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 447,216 shares of the company’s stock after buying an additional 21,908 shares during the quarter. SPDR Portfolio S&P 500 Value ETF makes up about 1.6% of Provenance Wealth Advisors LLC’s investment portfolio, making the stock its 15th biggest holding. Provenance Wealth Advisors LLC’s holdings in SPDR Portfolio S&P 500 Value ETF were worth $27,338,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds also recently modified their holdings of SPYV. Valmark Advisers Inc. lifted its position in shares of SPDR Portfolio S&P 500 Value ETF by 2.9% in the 1st quarter. Valmark Advisers Inc. now owns 8,996,058 shares of the company’s stock worth $508,997,000 after buying an additional 255,913 shares during the last quarter. The Manufacturers Life Insurance Company grew its position 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 valued at $383,708,000 after buying an additional 5,981,186 shares during the last quarter. NorthRock Partners LLC grew its position in shares of SPDR Portfolio S&P 500 Value ETF by 6.6% during the 2nd quarter. NorthRock Partners LLC now owns 4,889,672 shares of the company’s stock valued at $297,243,000 after buying an additional 303,367 shares during the last quarter. Vantagepoint Investment Advisers LLC acquired a new stake in SPDR Portfolio S&P 500 Value ETF during the third quarter worth about $263,007,000. Finally, Cetera Investment Advisers raised its stake in SPDR Portfolio S&P 500 Value ETF by 5.8% during the first quarter. Cetera Investment Advisers now owns 4,205,952 shares of the company’s stock worth $237,973,000 after acquiring an additional 230,152 shares during the period.

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

Shares of NYSEARCA SPYV opened at $63.83 on Wednesday. The firm’s 50-day moving average price is $62.90 and its two-hundred day moving average price is $60.64. SPDR Portfolio S&P 500 Value ETF has a 52-week low of $54.44 and a 52-week high of $64.64. The stock has a market capitalization of $38.66 billion, a P/E 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.