Csenge Advisory Group Makes New Investment in SPDR Portfolio S&P 500 Value ETF $SPYV

Csenge Advisory Group purchased a new position in shares of SPDR Portfolio S&P 500 Value ETF (NYSEARCA:SPYV) during the fourth quarter, HoldingsChannel reports. The firm purchased 8,301 shares of the company’s stock, valued at approximately $472,000.

A number of other institutional investors have also recently bought and sold shares of SPYV. Vantagepoint Investment Advisers LLC acquired a new stake in SPDR Portfolio S&P 500 Value ETF during the third quarter worth approximately $246,963,000. Allworth Financial LP grew its position in SPDR Portfolio S&P 500 Value ETF by 16.1% during the third quarter. Allworth Financial LP now owns 19,313,081 shares of the company’s stock worth $1,068,593,000 after buying an additional 2,682,951 shares in the last quarter. Wellington Management Group LLP acquired a new stake in SPDR Portfolio S&P 500 Value ETF during the third quarter worth approximately $68,850,000. Corient Private Wealth LLC grew its position in SPDR Portfolio S&P 500 Value ETF by 103.6% during the second quarter. Corient Private Wealth LLC now owns 1,838,839 shares of the company’s stock worth $96,245,000 after buying an additional 935,644 shares in the last quarter. Finally, Willis Johnson & Associates Inc. grew its position in SPDR Portfolio S&P 500 Value ETF by 18.8% during the third quarter. Willis Johnson & Associates Inc. now owns 5,218,947 shares of the company’s stock worth $288,764,000 after buying an additional 826,017 shares in the last quarter.

SPDR Portfolio S&P 500 Value ETF Price Performance

Shares of NYSEARCA:SPYV opened at $60.59 on Friday. The company has a market capitalization of $34.05 billion, a P/E ratio of 20.50 and a beta of 0.82. SPDR Portfolio S&P 500 Value ETF has a 1 year low of $49.68 and a 1 year high of $60.61. The business’s 50 day simple moving average is $58.25 and its 200 day simple moving average is $57.80.

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. The selection universe for the S&P 500 Index includes all United States common equities listed on the New York Stock Exchange, National Association of Securities Dealers Automated Quotation (NASDAQ) Global Select Market, NASDAQ Select Market and NASDAQ Capital Market with market capitalizations of $3.5 billion or more.