Principal Securities Inc. Has $32.51 Million Stake in SPDR Portfolio S&P 500 Value ETF (NYSEARCA:SPYV)

Principal Securities Inc. lifted its stake in SPDR Portfolio S&P 500 Value ETF (NYSEARCA:SPYV) by 113,776.3% during the third quarter, according to the company in its most recent Form 13F filing with the SEC. The fund owned 614,932 shares of the company’s stock after acquiring an additional 614,392 shares during the quarter. SPDR Portfolio S&P 500 Value ETF makes up approximately 0.8% of Principal Securities Inc.’s investment portfolio, making the stock its 20th largest position. Principal Securities Inc. owned approximately 0.14% of SPDR Portfolio S&P 500 Value ETF worth $32,505,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also modified their holdings of the company. WealthPLAN Partners LLC increased its position in shares of SPDR Portfolio S&P 500 Value ETF by 3.4% in the first quarter. WealthPLAN Partners LLC now owns 14,215 shares of the company’s stock valued at $712,000 after acquiring an additional 470 shares during the last quarter. Private Advisor Group LLC increased its position in shares of SPDR Portfolio S&P 500 Value ETF by 4.6% in the third quarter. Private Advisor Group LLC now owns 2,761,731 shares of the company’s stock valued at $145,985,000 after acquiring an additional 121,974 shares during the last quarter. Williams Financial LLC increased its position in shares of SPDR Portfolio S&P 500 Value ETF by 6,166.3% in the second quarter. Williams Financial LLC now owns 42,988,918 shares of the company’s stock valued at $2,101,241,000 after acquiring an additional 42,302,888 shares during the last quarter. ORG Wealth Partners LLC acquired a new stake in shares of SPDR Portfolio S&P 500 Value ETF in the third quarter valued at about $33,000. Finally, Lynch & Associates IN increased its position in shares of SPDR Portfolio S&P 500 Value ETF by 3.7% in the second quarter. Lynch & Associates IN now owns 139,809 shares of the company’s stock valued at $6,814,000 after acquiring an additional 5,030 shares during the last quarter.

SPDR Portfolio S&P 500 Value ETF Stock Performance

NYSEARCA:SPYV opened at $52.19 on Friday. The stock’s 50-day simple moving average is $52.54 and its 200 day simple moving average is $50.44. The company has a market cap of $22.62 billion, a P/E ratio of 24.09 and a beta of 0.81. SPDR Portfolio S&P 500 Value ETF has a 52-week low of $40.15 and a 52-week high of $53.93.

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.