KPP Advisory Services LLC Has $2.98 Million Holdings in SPDR Portfolio S&P 500 Value ETF (NYSEARCA:SPYV)

KPP Advisory Services LLC grew its position in SPDR Portfolio S&P 500 Value ETF (NYSEARCA:SPYV) by 40.6% during the 2nd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 61,135 shares of the company’s stock after purchasing an additional 17,644 shares during the quarter. KPP Advisory Services LLC’s holdings in SPDR Portfolio S&P 500 Value ETF were worth $2,980,000 as of its most recent SEC filing.

A number of other large investors also recently made changes to their positions in SPYV. New Century Financial Group LLC bought a new position in SPDR Portfolio S&P 500 Value ETF during the second quarter worth about $1,488,000. Advisory Alpha LLC raised its position in shares of SPDR Portfolio S&P 500 Value ETF by 13.2% in the second quarter. Advisory Alpha LLC now owns 4,388,367 shares of the company’s stock valued at $213,893,000 after buying an additional 512,054 shares in the last quarter. Truist Financial Corp grew its position in SPDR Portfolio S&P 500 Value ETF by 1.3% during the second quarter. Truist Financial Corp now owns 305,488 shares of the company’s stock worth $14,889,000 after buying an additional 3,833 shares in the last quarter. B. Riley Wealth Advisors Inc. increased its stake in SPDR Portfolio S&P 500 Value ETF by 128.9% during the 2nd quarter. B. Riley Wealth Advisors Inc. now owns 15,839 shares of the company’s stock worth $772,000 after acquiring an additional 8,919 shares during the period. Finally, Gateway Wealth Partners LLC increased its stake in SPDR Portfolio S&P 500 Value ETF by 20.5% during the 2nd quarter. Gateway Wealth Partners LLC now owns 104,265 shares of the company’s stock worth $5,082,000 after acquiring an additional 17,750 shares during the period.

SPDR Portfolio S&P 500 Value ETF Stock Performance

NYSEARCA:SPYV opened at $52.86 on Tuesday. The company has a market cap of $22.91 billion, a price-to-earnings ratio of 24.09 and a beta of 0.81. SPDR Portfolio S&P 500 Value ETF has a fifty-two week low of $39.51 and a fifty-two week high of $52.98. The stock has a fifty day moving average price of $51.33 and a 200-day moving average price of $49.85.

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.