Mather Group LLC. Makes New Investment in SPDR Portfolio S&P 500 Value ETF $SPYV

Mather Group LLC. acquired a new position in shares of SPDR Portfolio S&P 500 Value ETF (NYSEARCA:SPYV) in the 3rd quarter, Holdings Channel.com reports. The fund acquired 10,160 shares of the company’s stock, valued at approximately $621,000.

A number of other hedge funds have also bought and sold shares of SPYV. Davis Capital Management purchased a new stake in shares of SPDR Portfolio S&P 500 Value ETF in the third quarter valued at $27,000. Meramec Financial Planners LLC purchased a new position in shares of SPDR Portfolio S&P 500 Value ETF during the 1st quarter worth about $28,000. Signature Equity Partners LLC boosted its stake in shares of SPDR Portfolio S&P 500 Value ETF by 163.2% during the 1st quarter. Signature Equity Partners LLC now owns 500 shares of the company’s stock worth $28,000 after purchasing an additional 310 shares during the period. Advisortrust Partners LLC purchased a new position in shares of SPDR Portfolio S&P 500 Value ETF during the 1st quarter worth about $29,000. Finally, Evelyn Partners Asset Management Ltd purchased a new position in shares of SPDR Portfolio S&P 500 Value ETF during the 1st quarter worth about $46,000.

SPDR Portfolio S&P 500 Value ETF Trading Down 0.1%

Shares of NYSEARCA:SPYV opened at $63.07 on Friday. The company has a market capitalization of $36.92 billion, a price-to-earnings ratio of 20.50 and a beta of 0.82. SPDR Portfolio S&P 500 Value ETF has a 12 month low of $54.44 and a 12 month high of $64.26. The firm’s 50-day moving average is $62.80 and its 200 day moving average is $61.25.

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.