Private Advisor Group LLC Has $128.66 Million Stake in SPDR Portfolio S&P 500 Value ETF (NYSEARCA:SPYV)

Private Advisor Group LLC raised its stake in shares of SPDR Portfolio S&P 500 Value ETF (NYSEARCA:SPYV) by 13.3% during the 2nd quarter, Holdings Channel.com reports. The institutional investor owned 2,639,757 shares of the company’s stock after acquiring an additional 310,691 shares during the quarter. SPDR Portfolio S&P 500 Value ETF comprises 0.9% of Private Advisor Group LLC’s portfolio, making the stock its 18th biggest holding. Private Advisor Group LLC’s holdings in SPDR Portfolio S&P 500 Value ETF were worth $128,662,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other institutional investors and hedge funds also recently made changes to their positions in the stock. Crewe Advisors LLC acquired a new position in SPDR Portfolio S&P 500 Value ETF in the 1st quarter valued at $29,000. Olistico Wealth LLC acquired a new stake in shares of SPDR Portfolio S&P 500 Value ETF in the second quarter valued at about $30,000. EdgeRock Capital LLC bought a new position in shares of SPDR Portfolio S&P 500 Value ETF in the second quarter worth about $30,000. Salem Investment Counselors Inc. acquired a new stake in SPDR Portfolio S&P 500 Value ETF in the 1st quarter valued at approximately $35,000. Finally, Vima LLC bought a new stake in shares of SPDR Portfolio S&P 500 Value ETF in the fourth quarter valued at approximately $36,000.

SPDR Portfolio S&P 500 Value ETF Stock Down 0.9 %

Shares of SPYV opened at $51.22 on Friday. The stock’s 50-day moving average price is $50.43 and its 200 day moving average price is $49.40. The firm has a market capitalization of $22.20 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 $52.61.

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.