Hsbc Holdings PLC grew its holdings in SPDR Portfolio S&P 500 Value ETF (NYSEARCA:SPYV – Free Report) by 22.8% during the 1st quarter, HoldingsChannel reports. The firm owned 243,536 shares of the company’s stock after purchasing an additional 45,242 shares during the quarter. Hsbc Holdings PLC’s holdings in SPDR Portfolio S&P 500 Value ETF were worth $13,779,000 at the end of the most recent reporting period.
Several other institutional investors and hedge funds have also modified their holdings of SPYV. SkyOak Wealth LLC boosted its stake in SPDR Portfolio S&P 500 Value ETF by 4.4% in the first quarter. SkyOak Wealth LLC now owns 519,061 shares of the company’s stock valued at $29,368,000 after buying an additional 22,074 shares in the last quarter. Mosaic Family Wealth Partners LLC raised its stake in SPDR Portfolio S&P 500 Value ETF by 102.7% during the first quarter. Mosaic Family Wealth Partners LLC now owns 9,042 shares of the company’s stock worth $512,000 after acquiring an additional 4,581 shares in the last quarter. Kestra Advisory Services LLC raised its stake in SPDR Portfolio S&P 500 Value ETF by 6.4% during the first quarter. Kestra Advisory Services LLC now owns 274,086 shares of the company’s stock worth $15,508,000 after acquiring an additional 16,584 shares in the last quarter. Money Concepts Capital Corp lifted its holdings in shares of SPDR Portfolio S&P 500 Value ETF by 4.1% in the first quarter. Money Concepts Capital Corp now owns 65,147 shares of the company’s stock worth $3,686,000 after acquiring an additional 2,593 shares during the last quarter. Finally, Demars Financial Group LLC lifted its holdings in shares of SPDR Portfolio S&P 500 Value ETF by 2.5% in the first quarter. Demars Financial Group LLC now owns 51,334 shares of the company’s stock worth $2,904,000 after acquiring an additional 1,273 shares during the last quarter.
SPDR Portfolio S&P 500 Value ETF Trading Up 0.1%
SPYV opened at $61.80 on Thursday. The company has a market cap of $35.98 billion, a P/E ratio of 20.50 and a beta of 0.82. The company’s 50 day moving average is $61.07 and its 200-day moving average is $59.24. SPDR Portfolio S&P 500 Value ETF has a 1-year low of $51.97 and a 1-year high of $62.55.
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. 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.
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Want to see what other hedge funds are holding SPYV? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for SPDR Portfolio S&P 500 Value ETF (NYSEARCA:SPYV – Free Report).
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