Schrum Private Wealth Management LLC Has $2.07 Million Position in SPDR Portfolio S&P 500 Value ETF (NYSEARCA:SPYV)

Schrum Private Wealth Management LLC raised its stake in SPDR Portfolio S&P 500 Value ETF (NYSEARCA:SPYV) by 54.8% in the 3rd quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 39,062 shares of the company’s stock after acquiring an additional 13,833 shares during the period. SPDR Portfolio S&P 500 Value ETF makes up about 1.1% of Schrum Private Wealth Management LLC’s portfolio, making the stock its 22nd biggest holding. Schrum Private Wealth Management LLC’s holdings in SPDR Portfolio S&P 500 Value ETF were worth $2,065,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other institutional investors have also recently modified their holdings of the stock. CENTRAL TRUST Co boosted its position in shares of 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 worth $26,000 after acquiring an additional 327 shares in the last quarter. Crewe Advisors LLC acquired a new stake in shares of SPDR Portfolio S&P 500 Value ETF in the 1st quarter valued at $29,000. Kayne Anderson Rudnick Investment Management LLC boosted its holdings in shares of SPDR Portfolio S&P 500 Value ETF by 227.0% in the 2nd quarter. Kayne Anderson Rudnick Investment Management LLC now owns 582 shares of the company’s stock valued at $28,000 after purchasing an additional 404 shares in the last quarter. Olistico Wealth LLC acquired a new position in shares of SPDR Portfolio S&P 500 Value ETF during the 2nd quarter worth $30,000. Finally, ORG Wealth Partners LLC bought a new stake in shares of SPDR Portfolio S&P 500 Value ETF during the 3rd quarter worth $33,000.

SPDR Portfolio S&P 500 Value ETF Price Performance

NYSEARCA:SPYV traded up $0.16 during trading hours on Wednesday, hitting $54.08. The company’s stock had a trading volume of 358,382 shares, compared to its average volume of 2,587,484. SPDR Portfolio S&P 500 Value ETF has a twelve month low of $42.92 and a twelve month high of $54.61. The stock has a fifty day simple moving average of $52.70 and a 200-day simple moving average of $50.74. The company has a market capitalization of $23.44 billion, a P/E ratio of 24.09 and a beta of 0.81.

SPDR Portfolio S&P 500 Value ETF 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.