Hamilton Capital LLC Makes New Investment in SPDR Portfolio S&P 500 Value ETF $SPYV

Hamilton Capital LLC purchased a new stake in SPDR Portfolio S&P 500 Value ETF (NYSEARCA:SPYV) during the 3rd quarter, HoldingsChannel.com reports. The firm purchased 517,275 shares of the company’s stock, valued at approximately $31,621,000. SPDR Portfolio S&P 500 Value ETF comprises about 1.8% of Hamilton Capital LLC’s holdings, making the stock its 8th biggest position.

A number of other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. Davis Capital Management acquired a new position in SPDR Portfolio S&P 500 Value ETF during the 3rd quarter valued at about $27,000. Meramec Financial Planners LLC bought a new stake in shares of SPDR Portfolio S&P 500 Value ETF during the first quarter worth approximately $28,000. Signature Equity Partners LLC raised its stake in shares of SPDR Portfolio S&P 500 Value ETF by 163.2% during the first quarter. Signature Equity Partners LLC now owns 500 shares of the company’s stock worth $28,000 after buying an additional 310 shares during the last quarter. Advisortrust Partners LLC acquired a new position in SPDR Portfolio S&P 500 Value ETF in the first quarter valued at approximately $29,000. Finally, Evelyn Partners Asset Management Ltd bought a new position in SPDR Portfolio S&P 500 Value ETF in the first quarter valued at approximately $46,000.

SPDR Portfolio S&P 500 Value ETF Stock Performance

SPYV traded up $0.39 during trading on Thursday, reaching $62.19. 1,763,434 shares of the company’s stock were exchanged, compared to its average volume of 2,801,889. The company’s fifty day moving average price is $62.80 and its 200-day moving average price is $60.96. The firm has a market capitalization of $36.23 billion, a PE ratio of 20.50 and a beta of 0.82. SPDR Portfolio S&P 500 Value ETF has a fifty-two week low of $54.24 and a fifty-two week high of $64.26.

SPDR Portfolio S&P 500 Value ETF Company 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.