Smithfield Trust Co Buys 4,200 Shares of SPDR Portfolio S&P 500 Value ETF (NYSEARCA:SPYV)

Smithfield Trust Co increased its holdings in shares of SPDR Portfolio S&P 500 Value ETF (NYSEARCA:SPYV) by 65.6% in the 3rd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 10,600 shares of the company’s stock after purchasing an additional 4,200 shares during the quarter. Smithfield Trust Co’s holdings in SPDR Portfolio S&P 500 Value ETF were worth $560,000 at the end of the most recent reporting period.

Several other institutional investors have also recently made changes to their positions in the business. Narus Financial Partners LLC grew its position in shares of 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 worth $353,000 after purchasing an additional 197 shares in the last quarter. Venturi Wealth Management LLC grew its holdings in 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 buying an additional 202 shares in the last quarter. MAI Capital Management grew its holdings in 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 grew its holdings in SPDR Portfolio S&P 500 Value ETF by 2.1% during the 2nd quarter. Mcdonald Partners LLC now owns 12,452 shares of the company’s stock valued at $607,000 after buying an additional 256 shares in the last quarter. Finally, Cahaba Wealth Management Inc. grew its holdings in SPDR Portfolio S&P 500 Value ETF by 3.6% during the 2nd quarter. Cahaba Wealth Management Inc. now owns 7,622 shares of the company’s stock valued at $371,000 after buying an additional 263 shares in the last quarter.

SPDR Portfolio S&P 500 Value ETF Price Performance

NYSEARCA SPYV opened at $54.26 on Friday. The stock has a market capitalization of $23.52 billion, a PE ratio of 24.09 and a beta of 0.81. The business has a 50 day simple moving average of $52.98 and a two-hundred day simple moving average of $50.99. SPDR Portfolio S&P 500 Value ETF has a 1-year low of $43.91 and a 1-year high of $54.61.

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.