Stonebrook Private Inc. Acquires 77,009 Shares of SPDR Portfolio S&P 500 Value ETF (NYSEARCA:SPYV)

Stonebrook Private Inc. increased its holdings in shares of SPDR Portfolio S&P 500 Value ETF (NYSEARCA:SPYV) by 211.8% during the second quarter, Holdings Channel.com reports. The fund owned 113,360 shares of the company’s stock after purchasing an additional 77,009 shares during the quarter. SPDR Portfolio S&P 500 Value ETF accounts for about 1.6% of Stonebrook Private Inc.’s holdings, making the stock its 14th biggest position. Stonebrook Private Inc.’s holdings in SPDR Portfolio S&P 500 Value ETF were worth $5,525,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also bought and sold shares of the business. Crewe Advisors LLC bought a new position in shares of SPDR Portfolio S&P 500 Value ETF during the first quarter worth approximately $29,000. Olistico Wealth LLC bought a new position in SPDR Portfolio S&P 500 Value ETF during the 2nd quarter worth $30,000. EdgeRock Capital LLC acquired a new position in SPDR Portfolio S&P 500 Value ETF in the 2nd quarter valued at $30,000. Salem Investment Counselors Inc. bought a new stake in shares of SPDR Portfolio S&P 500 Value ETF during the 1st quarter valued at $35,000. Finally, Vima LLC acquired a new stake in shares of SPDR Portfolio S&P 500 Value ETF during the 4th quarter worth $36,000.

SPDR Portfolio S&P 500 Value ETF Stock Performance

Shares of NYSEARCA SPYV traded down $0.48 during mid-day trading on Friday, reaching $51.22. The company had a trading volume of 2,170,839 shares, compared to its average volume of 2,615,298. The firm has a market cap of $22.20 billion, a price-to-earnings ratio of 24.09 and a beta of 0.81. The business’s 50-day simple moving average is $50.43 and its 200 day simple moving average is $49.40. SPDR Portfolio S&P 500 Value ETF has a one year low of $39.51 and a one year 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.