MBM Wealth Consultants LLC Increases Holdings in SPDR Portfolio S&P 500 Value ETF $SPYV

MBM Wealth Consultants LLC raised its stake in SPDR Portfolio S&P 500 Value ETF (NYSEARCA:SPYV) by 2.2% in the 2nd quarter, Holdings Channel reports. The institutional investor owned 57,596 shares of the company’s stock after buying an additional 1,226 shares during the period. SPDR Portfolio S&P 500 Value ETF accounts for approximately 0.8% of MBM Wealth Consultants LLC’s investment portfolio, making the stock its 18th largest position. MBM Wealth Consultants LLC’s holdings in SPDR Portfolio S&P 500 Value ETF were worth $3,015,000 as of its most recent filing with the Securities & Exchange Commission.

Several other institutional investors have also modified their holdings of SPYV. Fiduciary Advisors Inc. purchased a new stake in shares of SPDR Portfolio S&P 500 Value ETF in the second quarter valued at about $26,000. Tompkins Financial Corp boosted 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 valued at $28,000 after purchasing an additional 515 shares during the last quarter. Headlands Technologies LLC purchased a new stake in shares of SPDR Portfolio S&P 500 Value ETF in the 1st quarter valued at approximately $29,000. Flaharty Asset Management LLC acquired a new stake in shares of SPDR Portfolio S&P 500 Value ETF during the 1st quarter worth approximately $32,000. Finally, Parallel Advisors LLC increased its holdings in shares of SPDR Portfolio S&P 500 Value ETF by 63,900.0% during the 2nd quarter. Parallel Advisors LLC now owns 640 shares of the company’s stock worth $33,000 after buying an additional 639 shares during the last quarter.

SPDR Portfolio S&P 500 Value ETF Stock Performance

SPYV opened at $56.88 on Monday. The stock has a market capitalization of $30.74 billion, a PE ratio of 20.50 and a beta of 0.89. SPDR Portfolio S&P 500 Value ETF has a one year low of $44.39 and a one year high of $56.96. The business’s 50 day moving average price is $55.66 and its 200 day moving average price is $53.81.

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.