Kovack Advisors Inc. increased its holdings in shares of SPDR Portfolio S&P 500 Value ETF (NYSEARCA:SPYV – Free Report) by 7.0% during the first quarter, according to the company’s most recent disclosure with the Securities & Exchange Commission. The fund owned 7,258 shares of the company’s stock after purchasing an additional 474 shares during the quarter. Kovack Advisors Inc.’s holdings in SPDR Portfolio S&P 500 Value ETF were worth $364,000, according to the company’s most recent filing with the Securities & Exchange Commission.
A number of other institutional investors have also recently changed their positions in SPYV. Tower Research Capital LLC TRC increased its holdings in shares of SPDR Portfolio S&P 500 Value ETF by 115,690.0% in the third quarter. Tower Research Capital LLC TRC now owns 11,579 shares of the company’s stock valued at $478,000 after purchasing an additional 11,569 shares in the last quarter. Ameriprise Financial Inc. increased its holdings in SPDR Portfolio S&P 500 Value ETF by 39.6% in the third quarter. Ameriprise Financial Inc. now owns 2,746,713 shares of the company’s stock valued at $113,334,000 after purchasing an additional 779,381 shares in the last quarter. Evergreen Capital Management LLC acquired a new stake in SPDR Portfolio S&P 500 Value ETF in the third quarter valued at about $215,000. Lido Advisors LLC increased its holdings in SPDR Portfolio S&P 500 Value ETF by 28.5% in the third quarter. Lido Advisors LLC now owns 8,858 shares of the company’s stock valued at $365,000 after purchasing an additional 1,963 shares in the last quarter. Finally, Royal Bank of Canada increased its holdings in SPDR Portfolio S&P 500 Value ETF by 4.7% in the third quarter. Royal Bank of Canada now owns 2,669,757 shares of the company’s stock valued at $110,154,000 after purchasing an additional 120,823 shares in the last quarter.
SPDR Portfolio S&P 500 Value ETF trading 0.1% lower
SPYV shares opened at $48.64 on Friday. The SPDR Portfolio S&P 500 Value ETF has a 12-month low of $39.51 and a 12-month high of $50.20. The company’s 50-day moving average is $48.99 and its 200-day moving average is $48.16. The stock has a market cap of $21.08 billion, a P/E ratio of 24.09 and a beta of 0.81.
SPDR Portfolio S&P 500 Value ETF Company Profile
(Free report)
SPDR S&P 500 Value ETF (the Fund), formerly SPDR Dow Jones Large Cap Value ETF, seeks to replicate as closely as possible the returns and characteristics of the S&P 500 Value Index. The S&P 500 Value Index measures the performance of the large-cap value sector of the U.S. equity market. The Index consists of the stocks of the S&P 500 Index that exhibit the strongest value characteristics based on book value to price, earnings to price and sales to price.
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