SPDR Portfolio S&P 500 Value ETF $SPYV Position Boosted by Guardian Wealth Advisors LLC

Guardian Wealth Advisors LLC grew its position in SPDR Portfolio S&P 500 Value ETF (NYSEARCA:SPYV) by 5.4% in the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 231,483 shares of the company’s stock after buying an additional 11,767 shares during the quarter. SPDR Portfolio S&P 500 Value ETF accounts for about 7.4% of Guardian Wealth Advisors LLC’s portfolio, making the stock its 6th largest holding. Guardian Wealth Advisors LLC’s holdings in SPDR Portfolio S&P 500 Value ETF were worth $14,829,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds also recently made changes to their positions in SPYV. The Manufacturers Life Insurance Company increased its stake in SPDR Portfolio S&P 500 Value ETF by 1,807.9% in the second quarter. The Manufacturers Life Insurance Company now owns 6,312,030 shares of the company’s stock valued at $383,708,000 after acquiring an additional 5,981,186 shares during the last quarter. Vantagepoint Investment Advisers LLC bought a new stake in SPDR Portfolio S&P 500 Value ETF during the third quarter worth $263,007,000. AlphaStar Capital Management LLC bought a new stake in SPDR Portfolio S&P 500 Value ETF during the third quarter worth $133,231,000. Bell Bank bought a new stake in SPDR Portfolio S&P 500 Value ETF during the third quarter worth $106,035,000. Finally, Founders Financial Securities LLC acquired a new stake in shares of SPDR Portfolio S&P 500 Value ETF in the 3rd quarter valued at $95,818,000.

SPDR Portfolio S&P 500 Value ETF Stock Performance

Shares of SPYV stock opened at $63.83 on Wednesday. SPDR Portfolio S&P 500 Value ETF has a fifty-two week low of $54.44 and a fifty-two week high of $64.64. The stock’s fifty day moving average price is $62.90 and its two-hundred day moving average price is $60.64. The company has a market cap of $38.66 billion, a PE ratio of 20.50 and a beta of 0.82.

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.