Renaissance Technologies LLC Purchases New Holdings in SPDR Portfolio S&P 500 Value ETF $SPYV

Renaissance Technologies LLC acquired a new position in shares of SPDR Portfolio S&P 500 Value ETF (NYSEARCA:SPYV) during the 1st quarter, Holdings Channel.com reports. The fund acquired 12,900 shares of the company’s stock, valued at approximately $730,000.

Other hedge funds and other institutional investors have also bought and sold shares of the company. Pennington Partners & CO. LLC lifted its holdings in shares of SPDR Portfolio S&P 500 Value ETF by 150.1% during the first quarter. Pennington Partners & CO. LLC now owns 14,263 shares of the company’s stock valued at $807,000 after purchasing an additional 8,561 shares during the last quarter. Compound Planning Inc. grew its stake in shares of SPDR Portfolio S&P 500 Value ETF by 472.8% in the 1st quarter. Compound Planning Inc. now owns 37,232 shares of the company’s stock worth $2,107,000 after buying an additional 30,732 shares during the last quarter. Gibbs Wealth Management grew its stake in shares of SPDR Portfolio S&P 500 Value ETF by 130.1% in the 1st quarter. Gibbs Wealth Management now owns 434,660 shares of the company’s stock worth $24,593,000 after buying an additional 245,756 shares during the last quarter. Sei Investments Co. increased its position in SPDR Portfolio S&P 500 Value ETF by 4.3% during the 1st quarter. Sei Investments Co. now owns 11,150 shares of the company’s stock valued at $631,000 after buying an additional 460 shares in the last quarter. Finally, Cetera Investment Advisers increased its position in SPDR Portfolio S&P 500 Value ETF by 5.8% during the 1st quarter. Cetera Investment Advisers now owns 4,205,952 shares of the company’s stock valued at $237,973,000 after buying an additional 230,152 shares in the last quarter.

SPDR Portfolio S&P 500 Value ETF Trading Up 0.1%

Shares of NYSEARCA:SPYV opened at $63.78 on Friday. The stock has a fifty day simple moving average of $61.75 and a two-hundred day simple moving average of $59.81. The stock has a market capitalization of $37.18 billion, a price-to-earnings ratio of 20.50 and a beta of 0.82. SPDR Portfolio S&P 500 Value ETF has a 12-month low of $53.75 and a 12-month high of $63.84.

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.