Magnus Financial Group LLC increased its stake in shares of SPDR Portfolio S&P 500 Value ETF (NYSEARCA:SPYV – Free Report) by 3.9% in the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 1,663,931 shares of the company’s stock after purchasing an additional 62,333 shares during the quarter. SPDR Portfolio S&P 500 Value ETF accounts for 8.2% of Magnus Financial Group LLC’s holdings, making the stock its largest holding. Magnus Financial Group LLC’s holdings in SPDR Portfolio S&P 500 Value ETF were worth $85,093,000 as of its most recent filing with the Securities and Exchange Commission (SEC).
A number of other hedge funds also recently bought and sold shares of SPYV. Sei Investments Co. raised its holdings in SPDR Portfolio S&P 500 Value ETF by 40.5% in the second quarter. Sei Investments Co. now owns 10,772 shares of the company’s stock valued at $525,000 after acquiring an additional 3,106 shares in the last quarter. Kayne Anderson Rudnick Investment Management LLC lifted its position in shares of SPDR Portfolio S&P 500 Value ETF by 227.0% during the 2nd quarter. Kayne Anderson Rudnick Investment Management LLC now owns 582 shares of the company’s stock worth $28,000 after purchasing an additional 404 shares during the last quarter. EverSource Wealth Advisors LLC purchased a new stake in shares of SPDR Portfolio S&P 500 Value ETF during the 2nd quarter worth $569,000. Drucker Wealth 3.0 LLC purchased a new position in SPDR Portfolio S&P 500 Value ETF in the second quarter valued at $325,000. Finally, Ascent Group LLC acquired a new stake in SPDR Portfolio S&P 500 Value ETF in the second quarter valued at $1,204,000.
SPDR Portfolio S&P 500 Value ETF Stock Performance
SPYV opened at $52.38 on Wednesday. The business’s 50-day simple moving average is $52.77 and its 200-day simple moving average is $52.07. The company has a market cap of $22.70 billion, a P/E ratio of 24.09 and a beta of 0.81. SPDR Portfolio S&P 500 Value ETF has a one year low of $46.36 and a one year high of $55.42.
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.
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