Gladstone Institutional Advisory LLC Boosts Stake in SPDR Portfolio S&P 500 Value ETF (NYSEARCA:SPYV)

Gladstone Institutional Advisory LLC grew its holdings in SPDR Portfolio S&P 500 Value ETF (NYSEARCA:SPYV) by 33.9% in the fourth quarter, Holdings Channel reports. The institutional investor owned 621,185 shares of the company’s stock after acquiring an additional 157,220 shares during the quarter. SPDR Portfolio S&P 500 Value ETF accounts for 1.5% of Gladstone Institutional Advisory LLC’s holdings, making the stock its 12th largest holding. Gladstone Institutional Advisory LLC’s holdings in SPDR Portfolio S&P 500 Value ETF were worth $31,767,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other institutional investors and hedge funds also recently added to or reduced their stakes in SPYV. LPL Financial LLC lifted its stake in SPDR Portfolio S&P 500 Value ETF by 8.8% in the 3rd quarter. LPL Financial LLC now owns 39,150,619 shares of the company’s stock valued at $2,069,502,000 after buying an additional 3,176,679 shares in the last quarter. Flagship Harbor Advisors LLC acquired a new position in SPDR Portfolio S&P 500 Value ETF in the 3rd quarter valued at $84,057,000. Mount Yale Investment Advisors LLC purchased a new position in SPDR Portfolio S&P 500 Value ETF in the 4th quarter valued at $69,902,000. Orion Portfolio Solutions LLC boosted its stake in SPDR Portfolio S&P 500 Value ETF by 1,525.1% during the 3rd quarter. Orion Portfolio Solutions LLC now owns 1,449,664 shares of the company’s stock worth $76,629,000 after purchasing an additional 1,360,461 shares during the last quarter. Finally, Strategic Financial Concepts LLC boosted its stake in SPDR Portfolio S&P 500 Value ETF by 5,118.6% during the 4th quarter. Strategic Financial Concepts LLC now owns 926,973 shares of the company’s stock worth $47,405,000 after purchasing an additional 909,210 shares during the last quarter.

SPDR Portfolio S&P 500 Value ETF Stock Up 0.5 %

Shares of NYSEARCA SPYV opened at $52.57 on Wednesday. The stock has a market capitalization of $22.78 billion, a price-to-earnings ratio of 24.09 and a beta of 0.81. SPDR Portfolio S&P 500 Value ETF has a 52 week low of $46.42 and a 52 week high of $55.42. The firm has a 50-day simple moving average of $52.24 and a 200-day simple moving average of $52.36.

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.