Rockland Trust Co. Makes New Investment in SPDR Portfolio S&P 500 Value ETF $SPYV

Rockland Trust Co. bought a new stake in SPDR Portfolio S&P 500 Value ETF (NYSEARCA:SPYV) in the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm bought 17,725 shares of the company’s stock, valued at approximately $981,000.

A number of other hedge funds have also recently made changes to their positions in SPYV. Legacy Investment Solutions LLC acquired a new position in shares of SPDR Portfolio S&P 500 Value ETF in the second quarter valued at approximately $36,000. Atlantic Union Bankshares Corp bought a new stake in SPDR Portfolio S&P 500 Value ETF during the 2nd quarter worth approximately $36,000. Crewe Advisors LLC grew its holdings in SPDR Portfolio S&P 500 Value ETF by 209.0% during the 2nd quarter. Crewe Advisors LLC now owns 828 shares of the company’s stock worth $43,000 after acquiring an additional 560 shares during the last quarter. Steigerwald Gordon & Koch Inc. acquired a new position in SPDR Portfolio S&P 500 Value ETF in the 3rd quarter valued at approximately $44,000. Finally, TFC Financial Management Inc. bought a new position in shares of SPDR Portfolio S&P 500 Value ETF during the third quarter valued at $44,000.

SPDR Portfolio S&P 500 Value ETF Stock Performance

Shares of NYSEARCA:SPYV opened at $59.33 on Wednesday. SPDR Portfolio S&P 500 Value ETF has a 52 week low of $44.39 and a 52 week high of $59.58. The firm has a market cap of $33.06 billion, a PE ratio of 20.50 and a beta of 0.89. The firm’s fifty day moving average is $57.70 and its 200-day moving average is $55.93.

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. The selection universe for the S&P 500 Index includes all United States common equities listed on the New York Stock Exchange, National Association of Securities Dealers Automated Quotation (NASDAQ) Global Select Market, NASDAQ Select Market and NASDAQ Capital Market with market capitalizations of $3.5 billion or more.