MidAtlantic Capital Management Inc. Makes New $4.23 Million Investment in SPDR Portfolio S&P 500 Value ETF (NYSEARCA:SPYV)

MidAtlantic Capital Management Inc. acquired a new stake in shares of SPDR Portfolio S&P 500 Value ETF (NYSEARCA:SPYV) in the third quarter, according to the company in its most recent Form 13F filing with the SEC. The fund acquired 80,100 shares of the company’s stock, valued at approximately $4,234,000. SPDR Portfolio S&P 500 Value ETF accounts for about 3.1% of MidAtlantic Capital Management Inc.’s portfolio, making the stock its 9th largest holding.

Other hedge funds and other institutional investors have also recently modified their holdings of the company. Narus Financial Partners LLC lifted its holdings 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 valued at $353,000 after purchasing an additional 197 shares in the last quarter. Venturi Wealth Management LLC raised its position in shares of SPDR Portfolio S&P 500 Value ETF by 18.0% during the 3rd quarter. Venturi Wealth Management LLC now owns 1,324 shares of the company’s stock valued at $70,000 after purchasing an additional 202 shares during the period. MAI Capital Management lifted its stake in shares of SPDR Portfolio S&P 500 Value ETF by 1.5% during the 3rd quarter. MAI Capital Management now owns 16,614 shares of the company’s stock valued at $878,000 after buying an additional 243 shares in the last quarter. Mcdonald Partners LLC boosted its holdings in SPDR Portfolio S&P 500 Value ETF by 2.1% in the 2nd quarter. Mcdonald Partners LLC now owns 12,452 shares of the company’s stock worth $607,000 after buying an additional 256 shares during the period. Finally, Cahaba Wealth Management Inc. increased its stake in 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 worth $371,000 after buying an additional 263 shares in the last quarter.

SPDR Portfolio S&P 500 Value ETF Stock Up 2.7 %

NYSEARCA:SPYV opened at $54.95 on Monday. The business’s 50-day simple moving average is $52.86 and its two-hundred day simple moving average is $50.90. SPDR Portfolio S&P 500 Value ETF has a 52 week low of $43.58 and a 52 week high of $54.95. The stock has a market cap of $23.82 billion, a PE 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.