SPDR Portfolio S&P 500 Value ETF $SPYV Shares Bought by Friday Financial

Friday Financial grew its stake in shares of SPDR Portfolio S&P 500 Value ETF (NYSEARCA:SPYV) by 41.6% during the third quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 91,983 shares of the company’s stock after purchasing an additional 27,014 shares during the quarter. SPDR Portfolio S&P 500 Value ETF accounts for 1.1% of Friday Financial’s investment portfolio, making the stock its 19th biggest position. Friday Financial’s holdings in SPDR Portfolio S&P 500 Value ETF were worth $5,633,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other hedge funds and other institutional investors also recently modified their holdings of the stock. Davis Capital Management purchased a new stake in shares of SPDR Portfolio S&P 500 Value ETF in the third quarter worth about $27,000. Meramec Financial Planners LLC purchased a new stake in shares of SPDR Portfolio S&P 500 Value ETF during the 1st quarter valued at about $28,000. Signature Equity Partners LLC lifted its position in SPDR Portfolio S&P 500 Value ETF by 163.2% during the 1st quarter. Signature Equity Partners LLC now owns 500 shares of the company’s stock worth $28,000 after acquiring an additional 310 shares in the last quarter. Advisortrust Partners LLC acquired a new position in SPDR Portfolio S&P 500 Value ETF during the 1st quarter worth approximately $29,000. Finally, Evelyn Partners Asset Management Ltd purchased a new position in SPDR Portfolio S&P 500 Value ETF in the 1st quarter worth approximately $46,000.

SPDR Portfolio S&P 500 Value ETF Stock Up 0.3%

NYSEARCA SPYV opened at $62.40 on Friday. 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. The business has a 50 day moving average price of $62.80 and a two-hundred day moving average price of $61.01. The stock has a market cap of $36.35 billion, a PE ratio of 20.50 and a beta of 0.82.

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.