Creative Planning Buys 15,541 Shares of SPDR Portfolio S&P 500 Value ETF (NYSEARCA:SPYV)

Creative Planning raised its stake in SPDR Portfolio S&P 500 Value ETF (NYSEARCA:SPYV) by 23.1% in the second quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 82,888 shares of the company’s stock after purchasing an additional 15,541 shares during the period. Creative Planning’s holdings in SPDR Portfolio S&P 500 Value ETF were worth $4,040,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds also recently made changes to their positions in the stock. Kayne Anderson Rudnick Investment Management LLC increased its position in shares of SPDR Portfolio S&P 500 Value ETF by 227.0% during the second quarter. Kayne Anderson Rudnick Investment Management LLC now owns 582 shares of the company’s stock valued at $28,000 after purchasing an additional 404 shares during the period. Crewe Advisors LLC acquired a new position in shares of SPDR Portfolio S&P 500 Value ETF in the 1st quarter valued at $29,000. Olistico Wealth LLC bought a new position in shares of SPDR Portfolio S&P 500 Value ETF during the 2nd quarter worth about $30,000. EdgeRock Capital LLC acquired a new stake in shares of SPDR Portfolio S&P 500 Value ETF during the 2nd quarter valued at about $30,000. Finally, Salem Investment Counselors Inc. acquired a new stake in shares of SPDR Portfolio S&P 500 Value ETF during the 1st quarter valued at about $35,000.

SPDR Portfolio S&P 500 Value ETF Price Performance

SPDR Portfolio S&P 500 Value ETF stock opened at $52.74 on Friday. The business has a 50 day simple moving average of $51.52 and a 200 day simple moving average of $49.94. The company has a market capitalization of $22.86 billion, a PE ratio of 24.09 and a beta of 0.81. SPDR Portfolio S&P 500 Value ETF has a one year low of $39.51 and a one year high of $52.98.

SPDR Portfolio S&P 500 Value ETF 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.