SPDR Portfolio S&P 500 Value ETF $SPYV is TrueWealth Advisors LLC’s 8th Largest Position

TrueWealth Advisors LLC lifted its stake in shares of SPDR Portfolio S&P 500 Value ETF (NYSEARCA:SPYV) by 6.5% during the second quarter, HoldingsChannel.com reports. The firm owned 217,901 shares of the company’s stock after purchasing an additional 13,229 shares during the quarter. SPDR Portfolio S&P 500 Value ETF makes up 3.0% of TrueWealth Advisors LLC’s portfolio, making the stock its 8th largest position. TrueWealth Advisors LLC’s holdings in SPDR Portfolio S&P 500 Value ETF were worth $13,246,000 at the end of the most recent quarter.

A number of other institutional investors have also added to or reduced their stakes in the stock. AQR Capital Management LLC boosted its stake in SPDR Portfolio S&P 500 Value ETF by 13.9% in the 1st quarter. AQR Capital Management LLC now owns 65,816 shares of the company’s stock worth $3,361,000 after purchasing an additional 8,012 shares during the period. Russell Investments Group Ltd. increased its position in shares of SPDR Portfolio S&P 500 Value ETF by 330.6% during the second quarter. Russell Investments Group Ltd. now owns 5,202 shares of the company’s stock valued at $272,000 after buying an additional 3,994 shares during the period. Marshall Wace LLP purchased a new stake in shares of SPDR Portfolio S&P 500 Value ETF in the second quarter worth about $3,008,000. Qube Research & Technologies Ltd lifted its holdings in shares of SPDR Portfolio S&P 500 Value ETF by 28.5% in the second quarter. Qube Research & Technologies Ltd now owns 10,800 shares of the company’s stock worth $565,000 after buying an additional 2,394 shares in the last quarter. Finally, Peapack Gladstone Financial Corp bought a new position in shares of SPDR Portfolio S&P 500 Value ETF in the second quarter valued at approximately $295,000.

SPDR Portfolio S&P 500 Value ETF Trading Up 0.5%

Shares of NYSEARCA:SPYV opened at $63.14 on Friday. The company has a 50 day moving average of $61.49 and a 200 day moving average of $59.61. The stock has a market cap of $36.81 billion, a P/E ratio of 20.50 and a beta of 0.82. SPDR Portfolio S&P 500 Value ETF has a 12 month low of $52.97 and a 12 month high of $63.31.

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.