PFG Advisors Increases Stock Position in SPDR Portfolio S&P 500 Value ETF (NYSEARCA:SPYV)

PFG Advisors boosted its stake in SPDR Portfolio S&P 500 Value ETF (NYSEARCA:SPYV) by 7.8% in the third quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 48,120 shares of the company’s stock after purchasing an additional 3,488 shares during the period. PFG Advisors’ holdings in SPDR Portfolio S&P 500 Value ETF were worth $2,544,000 at the end of the most recent quarter.

A number of other large investors have also added to or reduced their stakes in SPYV. Williams Financial LLC grew its position in SPDR Portfolio S&P 500 Value ETF by 6,166.3% in the 2nd quarter. Williams Financial LLC now owns 42,988,918 shares of the company’s stock worth $2,101,241,000 after purchasing an additional 42,302,888 shares during the period. Dynasty Wealth Management LLC bought a new stake in SPDR Portfolio S&P 500 Value ETF in the 1st quarter worth approximately $152,867,000. LPL Financial LLC grew its position in shares of SPDR Portfolio S&P 500 Value ETF by 7.6% during the 2nd quarter. LPL Financial LLC now owns 35,973,940 shares of the company’s stock valued at $1,753,370,000 after acquiring an additional 2,535,855 shares during the period. Cetera Investment Advisers grew its position in shares of SPDR Portfolio S&P 500 Value ETF by 209.0% during the 1st quarter. Cetera Investment Advisers now owns 2,530,967 shares of the company’s stock valued at $126,801,000 after acquiring an additional 1,711,930 shares during the period. Finally, Mount Yale Investment Advisors LLC bought a new stake in shares of SPDR Portfolio S&P 500 Value ETF during the 1st quarter valued at $68,483,000.

SPDR Portfolio S&P 500 Value ETF Price Performance

Shares of SPYV stock opened at $53.83 on Thursday. SPDR Portfolio S&P 500 Value ETF has a 1 year low of $39.51 and a 1 year high of $53.89. The firm has a fifty day moving average price of $51.99 and a 200-day moving average price of $50.14. The company has a market cap of $23.33 billion, a price-to-earnings ratio of 24.09 and a beta of 0.81.

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.