Tenon Financial LLC Makes New $293,000 Investment in SPDR Portfolio S&P 500 Value ETF (NYSEARCA:SPYV)

Tenon Financial LLC bought a new stake in shares of SPDR Portfolio S&P 500 Value ETF (NYSEARCA:SPYV) during the third quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund bought 5,535 shares of the company’s stock, valued at approximately $293,000.

Other hedge funds and other institutional investors have also recently bought and sold shares of the company. Williams Financial LLC increased its position in shares of SPDR Portfolio S&P 500 Value ETF by 6,166.3% during the 2nd quarter. Williams Financial LLC now owns 42,988,918 shares of the company’s stock valued at $2,101,241,000 after purchasing an additional 42,302,888 shares during the last quarter. LPL Financial LLC boosted its stake in SPDR Portfolio S&P 500 Value ETF by 7.6% in the 2nd quarter. LPL Financial LLC now owns 35,973,940 shares of the company’s stock worth $1,753,370,000 after purchasing an additional 2,535,855 shares during the period. Advisory Alpha LLC grew its holdings in SPDR Portfolio S&P 500 Value ETF by 13.2% during the 2nd quarter. Advisory Alpha LLC now owns 4,388,367 shares of the company’s stock valued at $213,893,000 after buying an additional 512,054 shares in the last quarter. Envestnet Asset Management Inc. grew its stake in SPDR Portfolio S&P 500 Value ETF by 4.4% during the second quarter. Envestnet Asset Management Inc. now owns 4,378,992 shares of the company’s stock valued at $213,432,000 after acquiring an additional 183,903 shares in the last quarter. Finally, CWM LLC increased its holdings in SPDR Portfolio S&P 500 Value ETF by 5.1% during the 3rd quarter. CWM LLC now owns 4,351,050 shares of the company’s stock worth $229,997,000 after acquiring an additional 211,529 shares during the period.

SPDR Portfolio S&P 500 Value ETF Trading Down 0.7 %

Shares of NYSEARCA SPYV opened at $52.65 on Friday. The business has a 50-day moving average of $52.43 and a 200-day moving average of $50.33. The firm has a market capitalization of $22.82 billion, a price-to-earnings ratio of 24.09 and a beta of 0.81. SPDR Portfolio S&P 500 Value ETF has a 12 month low of $39.51 and a 12 month high of $53.93.

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.