SPDR Portfolio S&P 500 Value ETF $SPYV is Magnus Financial Group LLC’s Largest Position

Magnus Financial Group LLC decreased its position in shares of SPDR Portfolio S&P 500 Value ETF (NYSEARCA:SPYV) by 2.0% during the third quarter, according to the company in its most recent filing with the SEC. The institutional investor owned 1,735,378 shares of the company’s stock after selling 35,198 shares during the quarter. SPDR Portfolio S&P 500 Value ETF makes up 7.6% of Magnus Financial Group LLC’s holdings, making the stock its largest holding. Magnus Financial Group LLC owned 0.32% of SPDR Portfolio S&P 500 Value ETF worth $96,018,000 at the end of the most recent quarter.

Other hedge funds also recently bought and sold shares of the company. Fiduciary Advisors Inc. purchased a new position in shares of SPDR Portfolio S&P 500 Value ETF in the second quarter valued at about $26,000. Tompkins Financial Corp lifted its holdings in SPDR Portfolio S&P 500 Value ETF by 4,681.8% in the 2nd quarter. Tompkins Financial Corp now owns 526 shares of the company’s stock worth $28,000 after purchasing an additional 515 shares in the last quarter. Parallel Advisors LLC boosted its stake in SPDR Portfolio S&P 500 Value ETF by 63,900.0% in the 2nd quarter. Parallel Advisors LLC now owns 640 shares of the company’s stock worth $33,000 after purchasing an additional 639 shares during the period. Legacy Investment Solutions LLC purchased a new stake in SPDR Portfolio S&P 500 Value ETF during the 2nd quarter valued at approximately $36,000. Finally, Atlantic Union Bankshares Corp purchased a new position in shares of SPDR Portfolio S&P 500 Value ETF in the second quarter worth $36,000.

SPDR Portfolio S&P 500 Value ETF Stock Up 0.3%

SPYV opened at $58.21 on Thursday. SPDR Portfolio S&P 500 Value ETF has a 52 week low of $44.39 and a 52 week high of $58.30. The firm has a 50-day simple moving average of $56.79 and a two-hundred day simple moving average of $55.20. The company has a market capitalization of $32.39 billion, a PE ratio of 20.50 and a beta of 0.89.

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.