18,490 Shares in SPDR Portfolio S&P 500 Value ETF (NYSEARCA:SPYV) Purchased by Spring Capital Management LLC

Spring Capital Management LLC purchased a new position in shares of SPDR Portfolio S&P 500 Value ETF (NYSEARCA:SPYV) during the third quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm purchased 18,490 shares of the company’s stock, valued at approximately $977,000. SPDR Portfolio S&P 500 Value ETF accounts for about 0.7% of Spring Capital Management LLC’s portfolio, making the stock its 23rd biggest holding.

A number of other hedge funds have also bought and sold shares of SPYV. Narus Financial Partners LLC grew its stake in SPDR Portfolio S&P 500 Value ETF by 2.8% during the second quarter. Narus Financial Partners LLC now owns 7,246 shares of the company’s stock worth $353,000 after buying an additional 197 shares in the last quarter. Breakwater Capital Group grew its stake in SPDR Portfolio S&P 500 Value ETF by 0.4% during the first quarter. Breakwater Capital Group now owns 57,997 shares of the company’s stock worth $2,906,000 after buying an additional 243 shares in the last quarter. Mcdonald Partners LLC grew its stake in SPDR Portfolio S&P 500 Value ETF by 2.1% during the second quarter. Mcdonald Partners LLC now owns 12,452 shares of the company’s stock worth $607,000 after buying an additional 256 shares in the last quarter. Cahaba Wealth Management Inc. boosted its stake in shares of SPDR Portfolio S&P 500 Value ETF by 3.6% in the 2nd quarter. Cahaba Wealth Management Inc. now owns 7,622 shares of the company’s stock valued at $371,000 after purchasing an additional 263 shares in the last quarter. Finally, Evermay Wealth Management LLC boosted its stake in shares of SPDR Portfolio S&P 500 Value ETF by 8.8% in the 1st quarter. Evermay Wealth Management LLC now owns 3,459 shares of the company’s stock valued at $173,000 after purchasing an additional 280 shares in the last quarter.

SPDR Portfolio S&P 500 Value ETF Stock Performance

Shares of SPYV traded down $0.06 during mid-day trading on Wednesday, reaching $53.20. The company had a trading volume of 95,688 shares, compared to its average volume of 2,557,729. The company’s 50 day simple moving average is $52.29 and its 200 day simple moving average is $50.27. SPDR Portfolio S&P 500 Value ETF has a 1-year low of $39.51 and a 1-year high of $53.93. The company has a market capitalization of $23.06 billion, a price-to-earnings ratio of 24.09 and a beta of 0.81.

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.