Broussard Financial Group LLC Takes Position in SPDR Portfolio S&P 500 Value ETF $SPYV

Broussard Financial Group LLC acquired a new position in shares of SPDR Portfolio S&P 500 Value ETF (NYSEARCA:SPYV) in the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm acquired 96,085 shares of the company’s stock, valued at approximately $5,459,000. SPDR Portfolio S&P 500 Value ETF comprises approximately 4.4% of Broussard Financial Group LLC’s holdings, making the stock its 8th largest holding.

A number of other institutional investors have also recently made changes to their positions in SPYV. AQR Capital Management LLC lifted its position in shares of SPDR Portfolio S&P 500 Value ETF by 13.9% during the 1st quarter. AQR Capital Management LLC now owns 65,816 shares of the company’s stock valued at $3,361,000 after buying an additional 8,012 shares during the last quarter. Russell Investments Group Ltd. grew its stake in SPDR Portfolio S&P 500 Value ETF by 330.6% in the 2nd quarter. Russell Investments Group Ltd. now owns 5,202 shares of the company’s stock valued at $272,000 after buying an additional 3,994 shares in the last quarter. Marshall Wace LLP purchased a new position in SPDR Portfolio S&P 500 Value ETF in the 2nd quarter valued at approximately $3,008,000. Qube Research & Technologies Ltd grew its stake in SPDR Portfolio S&P 500 Value ETF by 28.5% in the 2nd quarter. Qube Research & Technologies Ltd now owns 10,800 shares of the company’s stock valued at $565,000 after buying an additional 2,394 shares in the last quarter. Finally, Peapack Gladstone Financial Corp bought a new position in shares of SPDR Portfolio S&P 500 Value ETF in the second quarter worth $295,000.

SPDR Portfolio S&P 500 Value ETF Price Performance

SPDR Portfolio S&P 500 Value ETF stock opened at $59.88 on Friday. SPDR Portfolio S&P 500 Value ETF has a one year low of $49.08 and a one year high of $60.02. The business has a fifty day moving average price of $57.90 and a 200-day moving average price of $57.37. The firm has a market capitalization of $33.63 billion, a P/E ratio of 20.50 and a beta of 0.84.

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.