Thrivent Financial for Lutherans Grows Stake in SPDR Portfolio S&P 500 Value ETF (NYSEARCA:SPYV)

Thrivent Financial for Lutherans lifted its stake in shares of SPDR Portfolio S&P 500 Value ETF (NYSEARCA:SPYV) by 39.9% in the third quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 628,845 shares of the company’s stock after purchasing an additional 179,235 shares during the period. Thrivent Financial for Lutherans owned about 0.15% of SPDR Portfolio S&P 500 Value ETF worth $33,240,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other institutional investors and hedge funds have also modified their holdings of the stock. CENTRAL TRUST Co grew its stake in SPDR Portfolio S&P 500 Value ETF by 199.4% during the 3rd quarter. CENTRAL TRUST Co now owns 491 shares of the company’s stock valued at $26,000 after acquiring an additional 327 shares in the last quarter. Kayne Anderson Rudnick Investment Management LLC grew its stake in SPDR Portfolio S&P 500 Value ETF by 227.0% during the 2nd quarter. Kayne Anderson Rudnick Investment Management LLC now owns 582 shares of the company’s stock valued at $28,000 after acquiring an additional 404 shares in the last quarter. Crewe Advisors LLC acquired a new position in SPDR Portfolio S&P 500 Value ETF in the 1st quarter valued at about $29,000. Olistico Wealth LLC acquired a new position in SPDR Portfolio S&P 500 Value ETF in the 2nd quarter valued at about $30,000. Finally, EdgeRock Capital LLC acquired a new position in SPDR Portfolio S&P 500 Value ETF in the 2nd quarter valued at about $30,000.

SPDR Portfolio S&P 500 Value ETF Price Performance

NYSEARCA:SPYV opened at $53.53 on Wednesday. The firm has a market capitalization of $23.20 billion, a price-to-earnings ratio of 24.09 and a beta of 0.81. The company’s 50-day moving average is $52.90 and its two-hundred day moving average is $50.94. SPDR Portfolio S&P 500 Value ETF has a 1-year low of $43.58 and a 1-year high of $54.61.

About SPDR Portfolio S&P 500 Value ETF

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.