Brand Asset Management Group Inc. Acquires Shares of 10,658 SPDR Portfolio S&P 500 Value ETF $SPYV

Brand Asset Management Group Inc. bought a new position in SPDR Portfolio S&P 500 Value ETF (NYSEARCA:SPYV) in the 3rd quarter, Holdings Channel.com reports. The firm bought 10,658 shares of the company’s stock, valued at approximately $590,000.

Other hedge funds and other institutional investors have also made changes to their positions in the company. Dunhill Financial LLC acquired a new position in shares of SPDR Portfolio S&P 500 Value ETF during the third quarter worth about $93,000. Accredited Wealth Management LLC boosted its holdings in SPDR Portfolio S&P 500 Value ETF by 1,069.6% in the 3rd quarter. Accredited Wealth Management LLC now owns 3,076 shares of the company’s stock valued at $170,000 after purchasing an additional 2,813 shares in the last quarter. Creative Financial Designs Inc. ADV increased its position in SPDR Portfolio S&P 500 Value ETF by 4.6% during the 3rd quarter. Creative Financial Designs Inc. ADV now owns 825,846 shares of the company’s stock worth $45,694,000 after purchasing an additional 36,687 shares during the period. Power Wealth Management LLC increased its position in SPDR Portfolio S&P 500 Value ETF by 10.7% during the 3rd quarter. Power Wealth Management LLC now owns 262,645 shares of the company’s stock worth $14,532,000 after purchasing an additional 25,408 shares during the period. Finally, 1ST Source Bank raised its stake in shares of SPDR Portfolio S&P 500 Value ETF by 1.1% during the 3rd quarter. 1ST Source Bank now owns 48,114 shares of the company’s stock worth $2,662,000 after buying an additional 506 shares in the last quarter.

SPDR Portfolio S&P 500 Value ETF Price Performance

SPYV opened at $59.50 on Friday. SPDR Portfolio S&P 500 Value ETF has a 12 month low of $44.39 and a 12 month high of $59.75. The stock has a market capitalization of $33.16 billion, a P/E ratio of 20.50 and a beta of 0.89. The business has a 50 day simple moving average of $58.26 and a 200-day simple moving average of $56.45.

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.