Ascent Group LLC Takes Position in SPDR Portfolio S&P 500 Value ETF (NYSEARCA:SPYV)

Ascent Group LLC acquired a new position in SPDR Portfolio S&P 500 Value ETF (NYSEARCA:SPYV) during the 2nd quarter, HoldingsChannel.com reports. The fund acquired 24,702 shares of the company’s stock, valued at approximately $1,204,000.

Several other hedge funds and other institutional investors also recently bought and sold shares of the company. Narus Financial Partners LLC grew its stake in SPDR Portfolio S&P 500 Value ETF by 2.8% in the second quarter. Narus Financial Partners LLC now owns 7,246 shares of the company’s stock worth $353,000 after purchasing an additional 197 shares in the last quarter. Trueblood Wealth Management LLC boosted its position in SPDR Portfolio S&P 500 Value ETF by 2.5% during the 1st quarter. Trueblood Wealth Management LLC now owns 8,885 shares of the company’s stock valued at $445,000 after acquiring an additional 217 shares in the last quarter. Tortoise Investment Management LLC boosted its position in SPDR Portfolio S&P 500 Value ETF by 34.3% during the 4th quarter. Tortoise Investment Management LLC now owns 900 shares of the company’s stock valued at $42,000 after acquiring an additional 230 shares in the last quarter. Breakwater Capital Group boosted its position in SPDR Portfolio S&P 500 Value ETF by 0.4% during the 1st quarter. Breakwater Capital Group now owns 57,997 shares of the company’s stock valued at $2,906,000 after acquiring an additional 243 shares in the last quarter. Finally, Mcdonald Partners LLC boosted its position in SPDR Portfolio S&P 500 Value ETF by 2.1% during the 2nd quarter. Mcdonald Partners LLC now owns 12,452 shares of the company’s stock valued at $607,000 after acquiring an additional 256 shares in the last quarter.

SPDR Portfolio S&P 500 Value ETF Trading Up 0.3 %

Shares of NYSEARCA SPYV opened at $52.86 on Tuesday. The stock has a market capitalization of $22.91 billion, a PE ratio of 24.09 and a beta of 0.81. The stock’s fifty day simple moving average is $51.28 and its two-hundred day simple moving average is $49.82. SPDR Portfolio S&P 500 Value ETF has a 12-month low of $39.51 and a 12-month high of $52.98.

About SPDR Portfolio S&P 500 Value ETF

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.