Concord Wealth Partners Buys 720 Shares of SPDR Portfolio S&P 500 Value ETF (NYSEARCA:SPYV)

Concord Wealth Partners increased its position in SPDR Portfolio S&P 500 Value ETF (NYSEARCA:SPYV) by 15.5% in the third quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 5,373 shares of the company’s stock after acquiring an additional 720 shares during the quarter. Concord Wealth Partners’ holdings in SPDR Portfolio S&P 500 Value ETF were worth $284,000 at the end of the most recent quarter.

Other hedge funds also recently bought and sold shares of 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 position in SPDR Portfolio S&P 500 Value ETF by 7.6% during the second quarter. LPL Financial LLC now owns 35,973,940 shares of the company’s stock valued at $1,753,370,000 after purchasing an additional 2,535,855 shares during the last quarter. Allworth Financial LP grew its stake in SPDR Portfolio S&P 500 Value ETF by 2.3% in the 3rd quarter. Allworth Financial LP now owns 20,300,686 shares of the company’s stock worth $1,073,094,000 after buying an additional 461,035 shares in the last quarter. Advisory Alpha LLC increased its holdings in shares of SPDR Portfolio S&P 500 Value ETF by 13.2% in the 2nd quarter. Advisory Alpha LLC now owns 4,388,367 shares of the company’s stock worth $213,893,000 after buying an additional 512,054 shares during the last quarter. Finally, Envestnet Asset Management Inc. raised its position in shares of SPDR Portfolio S&P 500 Value ETF by 4.4% during the 2nd quarter. Envestnet Asset Management Inc. now owns 4,378,992 shares of the company’s stock valued at $213,432,000 after buying an additional 183,903 shares in the last quarter.

SPDR Portfolio S&P 500 Value ETF Stock Performance

Shares of NYSEARCA:SPYV opened at $52.93 on Tuesday. The firm has a fifty day moving average of $52.43 and a 200 day moving average of $50.35. SPDR Portfolio S&P 500 Value ETF has a 52-week low of $39.81 and a 52-week high of $53.93. The firm has a market capitalization of $22.94 billion, a PE 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.