SPDR Portfolio S&P 500 Value ETF (NYSEARCA:SPYV) Stock Holdings Increased by Kayne Anderson Rudnick Investment Management LLC

Kayne Anderson Rudnick Investment Management LLC raised its holdings in shares of SPDR Portfolio S&P 500 Value ETF (NYSEARCA:SPYV) by 227.0% in the second quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 582 shares of the company’s stock after buying an additional 404 shares during the period. Kayne Anderson Rudnick Investment Management LLC’s holdings in SPDR Portfolio S&P 500 Value ETF were worth $28,000 as of its most recent SEC filing.

Several other hedge funds have also recently added to or reduced their stakes in SPYV. PNC Financial Services Group Inc. raised its position in shares of SPDR Portfolio S&P 500 Value ETF by 5.8% during the fourth quarter. PNC Financial Services Group Inc. now owns 9,955 shares of the company’s stock worth $464,000 after purchasing an additional 543 shares during the period. Trexquant Investment LP purchased a new position in shares of SPDR Portfolio S&P 500 Value ETF in the fourth quarter worth approximately $247,000. US Bancorp DE raised its holdings in shares of SPDR Portfolio S&P 500 Value ETF by 38.6% during the fourth quarter. US Bancorp DE now owns 66,996 shares of the company’s stock valued at $3,124,000 after acquiring an additional 18,659 shares during the period. Stifel Financial Corp boosted its stake in SPDR Portfolio S&P 500 Value ETF by 6.7% in the 4th quarter. Stifel Financial Corp now owns 979,507 shares of the company’s stock worth $45,674,000 after purchasing an additional 61,882 shares during the period. Finally, Focus Financial Network Inc. ADV purchased a new position in SPDR Portfolio S&P 500 Value ETF during the 4th quarter worth approximately $971,000.

SPDR Portfolio S&P 500 Value ETF Stock Down 0.1 %

SPYV opened at $52.52 on Wednesday. The firm has a market capitalization of $22.76 billion, a P/E ratio of 24.09 and a beta of 0.81. The stock has a fifty day moving average of $51.17 and a 200-day moving average of $49.75. SPDR Portfolio S&P 500 Value ETF has a 12-month low of $39.51 and a 12-month high of $52.92.

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.