SPDR Portfolio S&P 500 Value ETF $SPYV Stock: Kestra Advisory Services LLC Increases Stake

Kestra Advisory Services LLC grew its holdings in shares of SPDR Portfolio S&P 500 Value ETF (NYSEARCA:SPYV) by 7.8% in the 3rd quarter, HoldingsChannel reports. The firm owned 412,480 shares of the company’s stock after acquiring an additional 29,720 shares during the quarter. Kestra Advisory Services LLC’s holdings in SPDR Portfolio S&P 500 Value ETF were worth $25,215,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other hedge funds also recently made changes to their positions in the company. Hartford Financial Management Inc. purchased a new position in shares of SPDR Portfolio S&P 500 Value ETF in the 3rd quarter worth about $26,000. Foresight Capital Management Advisors Inc. purchased a new stake in SPDR Portfolio S&P 500 Value ETF during the third quarter worth about $26,000. Davis Capital Management purchased a new stake in SPDR Portfolio S&P 500 Value ETF during the third quarter worth about $27,000. Signature Equity Partners LLC raised its position in SPDR Portfolio S&P 500 Value ETF by 163.2% in the first quarter. Signature Equity Partners LLC now owns 500 shares of the company’s stock worth $28,000 after acquiring an additional 310 shares during the period. Finally, Advisortrust Partners LLC bought a new stake in SPDR Portfolio S&P 500 Value ETF in the first quarter worth about $29,000.

SPDR Portfolio S&P 500 Value ETF Stock Performance

Shares of SPYV stock opened at $63.07 on Friday. The firm has a market cap of $38.06 billion, a price-to-earnings ratio of 20.50 and a beta of 0.82. SPDR Portfolio S&P 500 Value ETF has a 52 week low of $54.44 and a 52 week high of $65.52. The firm’s 50-day simple moving average is $62.92 and its two-hundred day simple moving average is $60.73.

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.