131,098 Shares in SPDR Portfolio S&P 500 Value ETF $SPYV Bought by Modera Wealth Management LLC

Modera Wealth Management LLC purchased a new position in shares of SPDR Portfolio S&P 500 Value ETF (NYSEARCA:SPYV) during the 3rd quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm purchased 131,098 shares of the company’s stock, valued at approximately $8,014,000.

A number of other hedge funds have also added to or reduced their stakes in the company. Weitzel Financial Services Inc. raised its position in SPDR Portfolio S&P 500 Value ETF by 0.6% during the third quarter. Weitzel Financial Services Inc. now owns 31,071 shares of the company’s stock valued at $1,910,000 after purchasing an additional 170 shares in the last quarter. Cornerstone Advisors Asset Management LLC boosted its holdings in shares of SPDR Portfolio S&P 500 Value ETF by 0.4% in the 2nd quarter. Cornerstone Advisors Asset Management LLC now owns 40,248 shares of the company’s stock valued at $2,447,000 after purchasing an additional 178 shares in the last quarter. Lantern Wealth Advisors LLC increased its stake in shares of SPDR Portfolio S&P 500 Value ETF by 0.8% in the 3rd quarter. Lantern Wealth Advisors LLC now owns 23,122 shares of the company’s stock valued at $1,413,000 after purchasing an additional 194 shares during the last quarter. Montz Harcus Wealth Management LLC increased its stake in shares of SPDR Portfolio S&P 500 Value ETF by 4.4% in the 3rd quarter. Montz Harcus Wealth Management LLC now owns 5,099 shares of the company’s stock valued at $312,000 after purchasing an additional 214 shares during the last quarter. Finally, Brown Lisle Cummings Inc. increased its stake in shares of SPDR Portfolio S&P 500 Value ETF by 6.8% in the 2nd quarter. Brown Lisle Cummings Inc. now owns 3,685 shares of the company’s stock valued at $224,000 after purchasing an additional 235 shares during the last quarter.

SPDR Portfolio S&P 500 Value ETF Stock Performance

SPDR Portfolio S&P 500 Value ETF stock opened at $64.13 on Friday. SPDR Portfolio S&P 500 Value ETF has a 52 week low of $54.44 and a 52 week high of $64.64. The stock has a market capitalization of $38.80 billion, a P/E ratio of 20.50 and a beta of 0.82. The stock has a fifty day moving average of $62.88 and a 200-day moving average of $60.58.

About SPDR Portfolio S&P 500 Value ETF

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.