MAI Capital Management Purchases 243 Shares of SPDR Portfolio S&P 500 Value ETF (NYSEARCA:SPYV)

MAI Capital Management grew its position in SPDR Portfolio S&P 500 Value ETF (NYSEARCA:SPYV) by 1.5% in the third quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 16,614 shares of the company’s stock after acquiring an additional 243 shares during the period. MAI Capital Management’s holdings in SPDR Portfolio S&P 500 Value ETF were worth $878,000 at the end of the most recent quarter.

Several other institutional investors also recently modified their holdings of the company. CENTRAL TRUST Co increased its position in SPDR Portfolio S&P 500 Value ETF by 199.4% during the third quarter. CENTRAL TRUST Co now owns 491 shares of the company’s stock worth $26,000 after buying an additional 327 shares during the last quarter. Kayne Anderson Rudnick Investment Management LLC increased its holdings in shares of SPDR Portfolio S&P 500 Value ETF by 227.0% during the 2nd quarter. Kayne Anderson Rudnick Investment Management LLC now owns 582 shares of the company’s stock worth $28,000 after acquiring an additional 404 shares during the last quarter. Crewe Advisors LLC acquired a new position in shares of SPDR Portfolio S&P 500 Value ETF during the 1st quarter worth approximately $29,000. Olistico Wealth LLC bought a new stake in SPDR Portfolio S&P 500 Value ETF in the 2nd quarter valued at $30,000. Finally, EdgeRock Capital LLC acquired a new stake in SPDR Portfolio S&P 500 Value ETF during the 2nd quarter valued at $30,000.

SPDR Portfolio S&P 500 Value ETF Price Performance

NYSEARCA:SPYV opened at $54.26 on Friday. The company has a market cap of $23.52 billion, a P/E ratio of 24.09 and a beta of 0.81. The firm’s fifty day moving average price is $52.98 and its two-hundred day moving average price is $50.99. SPDR Portfolio S&P 500 Value ETF has a one year low of $43.91 and a one year high of $54.61.

SPDR Portfolio S&P 500 Value ETF Company 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.