Towerpoint Wealth LLC Buys 437 Shares of SPDR Portfolio S&P 500 Value ETF (NYSEARCA:SPYV)

Towerpoint Wealth LLC grew its position in shares of SPDR Portfolio S&P 500 Value ETF (NYSEARCA:SPYV) by 2.0% in the third quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 22,041 shares of the company’s stock after purchasing an additional 437 shares during the period. Towerpoint Wealth LLC’s holdings in SPDR Portfolio S&P 500 Value ETF were worth $1,165,000 at the end of the most recent reporting period.

A number of other hedge funds also recently made changes to their positions in the company. Williams Financial LLC increased its stake 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 acquiring an additional 42,302,888 shares during the last quarter. LPL Financial LLC lifted its holdings in shares of 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 valued at $1,753,370,000 after acquiring an additional 2,535,855 shares during the last quarter. CWM LLC lifted its holdings in shares of SPDR Portfolio S&P 500 Value ETF by 13.3% in the 1st quarter. CWM LLC now owns 4,920,831 shares of the company’s stock valued at $246,534,000 after acquiring an additional 576,063 shares during the last quarter. Advisory Alpha LLC grew its position in SPDR Portfolio S&P 500 Value ETF by 13.2% in the second quarter. Advisory Alpha LLC now owns 4,388,367 shares of the company’s stock worth $213,893,000 after acquiring an additional 512,054 shares in the last quarter. Finally, Envestnet Asset Management Inc. increased 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 worth $213,432,000 after acquiring an additional 183,903 shares during the last quarter.

SPDR Portfolio S&P 500 Value ETF Price Performance

Shares of NYSEARCA:SPYV traded up $0.51 during trading on Friday, hitting $53.13. The company had a trading volume of 175,776 shares, compared to its average volume of 2,591,057. The stock has a market cap of $23.03 billion, a price-to-earnings ratio of 24.09 and a beta of 0.81. The company has a fifty day simple moving average of $51.65 and a two-hundred day simple moving average of $50.03. SPDR Portfolio S&P 500 Value ETF has a one year low of $39.51 and a one year high of $53.17.

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.