SPDR Portfolio S&P 500 Value ETF $SPYV Shares Newly Purchased by Fluent Financial LLC

Fluent Financial LLC bought a new position in shares of SPDR Portfolio S&P 500 Value ETF (NYSEARCA:SPYV) in the 3rd quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund bought 665,051 shares of the company’s stock, valued at approximately $40,655,000. SPDR Portfolio S&P 500 Value ETF makes up about 14.6% of Fluent Financial LLC’s portfolio, making the stock its 2nd largest position. Fluent Financial LLC owned approximately 0.11% of SPDR Portfolio S&P 500 Value ETF at the end of the most recent reporting period.

Other institutional investors and hedge funds have also recently modified their holdings of the company. Topsail Wealth Management LLC boosted its position in shares of SPDR Portfolio S&P 500 Value ETF by 5.3% during the first quarter. Topsail Wealth Management LLC now owns 3,450 shares of the company’s stock valued at $195,000 after buying an additional 175 shares during the last quarter. SmartHarvest Portfolios LLC grew its stake in shares of SPDR Portfolio S&P 500 Value ETF by 4.6% in the 1st quarter. SmartHarvest Portfolios LLC now owns 4,008 shares of the company’s stock worth $227,000 after acquiring an additional 176 shares in the last quarter. Cornerstone Advisors Asset Management LLC grew its stake in shares of SPDR Portfolio S&P 500 Value ETF by 0.4% in the 2nd quarter. Cornerstone Advisors Asset Management LLC now owns 40,248 shares of the company’s stock worth $2,447,000 after acquiring an additional 178 shares in the last quarter. PMG Wealth Management Inc. raised its holdings in shares of SPDR Portfolio S&P 500 Value ETF by 1.8% in the first quarter. PMG Wealth Management Inc. now owns 11,068 shares of the company’s stock valued at $626,000 after purchasing an additional 201 shares during the last quarter. Finally, Montz Harcus Wealth Management LLC raised its holdings in shares of SPDR Portfolio S&P 500 Value ETF by 4.4% in the third quarter. Montz Harcus Wealth Management LLC now owns 5,099 shares of the company’s stock valued at $312,000 after purchasing an additional 214 shares during the last quarter.

SPDR Portfolio S&P 500 Value ETF Trading Up 0.0%

Shares of SPYV traded up $0.02 during trading hours on Tuesday, reaching $62.67. 4,593,391 shares of the stock traded hands, compared to its average volume of 2,799,049. SPDR Portfolio S&P 500 Value ETF has a 52 week low of $54.35 and a 52 week high of $64.26. The company has a market cap of $36.53 billion, a price-to-earnings ratio of 20.50 and a beta of 0.82. The stock has a fifty day simple moving average of $62.81 and a 200 day simple moving average of $61.09.

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.