IFG Advisory LLC raised its position in SPDR Portfolio S&P 500 Value ETF (NYSEARCA:SPYV – Free Report) by 43.7% in the 2nd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 269,924 shares of the company’s stock after acquiring an additional 82,145 shares during the period. SPDR Portfolio S&P 500 Value ETF makes up approximately 0.7% of IFG Advisory LLC’s holdings, making the stock its 22nd biggest holding. IFG Advisory LLC owned 0.05% of SPDR Portfolio S&P 500 Value ETF worth $14,128,000 at the end of the most recent quarter.
Other large investors have also made changes to their positions in the company. Elite Financial Inc. acquired a new stake in shares of SPDR Portfolio S&P 500 Value ETF in the 1st quarter worth $25,000. Fiduciary Advisors Inc. acquired a new position in SPDR Portfolio S&P 500 Value ETF during the 2nd quarter valued at about $26,000. Tompkins Financial Corp raised its stake in SPDR Portfolio S&P 500 Value ETF by 4,681.8% in the second quarter. Tompkins Financial Corp now owns 526 shares of the company’s stock valued at $28,000 after buying an additional 515 shares during the last quarter. Headlands Technologies LLC acquired a new stake in SPDR Portfolio S&P 500 Value ETF in the first quarter worth about $29,000. Finally, VSM Wealth Advisory LLC purchased a new stake in shares of SPDR Portfolio S&P 500 Value ETF during the first quarter worth about $30,000.
SPDR Portfolio S&P 500 Value ETF Stock Down 0.5%
SPYV opened at $55.83 on Friday. The company has a market cap of $30.05 billion, a P/E ratio of 20.50 and a beta of 0.89. The firm’s 50-day moving average price is $55.10 and its 200-day moving average price is $52.73. SPDR Portfolio S&P 500 Value ETF has a 52-week low of $44.39 and a 52-week high of $56.75.
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.
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