SPDR Portfolio S&P 500 Value ETF (NYSEARCA:SPYV) Shares Acquired by Connecticut Wealth Management LLC

Connecticut Wealth Management LLC increased its position in shares of SPDR Portfolio S&P 500 Value ETF (NYSEARCA:SPYV) by 2.3% during the second quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 2,436,235 shares of the company’s stock after acquiring an additional 53,834 shares during the quarter. SPDR Portfolio S&P 500 Value ETF accounts for about 6.1% of Connecticut Wealth Management LLC’s holdings, making the stock its 2nd largest position. Connecticut Wealth Management LLC’s holdings in SPDR Portfolio S&P 500 Value ETF were worth $118,742,000 at the end of the most recent reporting period.

Other hedge funds have also made changes to their positions in the company. Crewe Advisors LLC purchased a new position in SPDR Portfolio S&P 500 Value ETF during the 1st quarter valued at about $29,000. Kayne Anderson Rudnick Investment Management LLC grew its position in 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 in the last quarter. Olistico Wealth LLC purchased a new position in SPDR Portfolio S&P 500 Value ETF during the second quarter valued at approximately $30,000. EdgeRock Capital LLC acquired a new position in SPDR Portfolio S&P 500 Value ETF in the 2nd quarter valued at approximately $30,000. Finally, Salem Investment Counselors Inc. purchased a new stake in shares of SPDR Portfolio S&P 500 Value ETF during the first quarter worth $35,000.

SPDR Portfolio S&P 500 Value ETF Trading Down 0.2 %

SPYV opened at $52.59 on Friday. SPDR Portfolio S&P 500 Value ETF has a 1 year low of $39.51 and a 1 year high of $52.92. The stock has a fifty day moving average price of $51.08 and a 200 day moving average price of $49.68. The stock has a market cap of $22.79 billion, a price-to-earnings ratio of 24.09 and a beta of 0.81.

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.