MGB Wealth Management LLC Raises Stock Position in SPDR Portfolio S&P 500 Value ETF (NYSEARCA:SPYV)

MGB Wealth Management LLC grew its holdings in shares of SPDR Portfolio S&P 500 Value ETF (NYSEARCA:SPYV) by 3.9% during the third quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 13,017 shares of the company’s stock after purchasing an additional 493 shares during the period. MGB Wealth Management LLC’s holdings in SPDR Portfolio S&P 500 Value ETF were worth $687,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds also recently bought and sold shares of the business. Private Advisor Group LLC increased its stake in shares of SPDR Portfolio S&P 500 Value ETF by 4.6% during the third quarter. Private Advisor Group LLC now owns 2,761,731 shares of the company’s stock worth $145,985,000 after buying an additional 121,974 shares during the period. ORG Wealth Partners LLC purchased a new stake in shares of SPDR Portfolio S&P 500 Value ETF during the third quarter worth approximately $33,000. Williams Financial LLC increased its stake in shares of SPDR Portfolio S&P 500 Value ETF by 6,166.3% during the second quarter. Williams Financial LLC now owns 42,988,918 shares of the company’s stock worth $2,101,241,000 after buying an additional 42,302,888 shares during the period. Lynch & Associates IN increased its stake in shares of SPDR Portfolio S&P 500 Value ETF by 3.7% during the second quarter. Lynch & Associates IN now owns 139,809 shares of the company’s stock worth $6,814,000 after buying an additional 5,030 shares during the period. Finally, Asset Management Group Inc. increased its stake in shares of SPDR Portfolio S&P 500 Value ETF by 1.7% during the second quarter. Asset Management Group Inc. now owns 91,834 shares of the company’s stock worth $4,476,000 after buying an additional 1,525 shares during the period.

SPDR Portfolio S&P 500 Value ETF Stock Up 0.8 %

Shares of SPYV opened at $54.67 on Friday. The stock has a 50 day moving average price of $53.08 and a 200 day moving average price of $51.06. The company has a market capitalization of $23.69 billion, a price-to-earnings ratio of 24.09 and a beta of 0.81. SPDR Portfolio S&P 500 Value ETF has a 52-week low of $43.93 and a 52-week high of $54.72.

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.