Magnus Financial Group LLC Purchases 30,936 Shares of SPDR Portfolio S&P 500 Value ETF $SPYV

Magnus Financial Group LLC boosted its position in SPDR Portfolio S&P 500 Value ETF (NYSEARCA:SPYV) by 1.8% in the 4th quarter, Holdings Channel reports. The fund owned 1,766,314 shares of the company’s stock after purchasing an additional 30,936 shares during the period. SPDR Portfolio S&P 500 Value ETF makes up about 7.7% of Magnus Financial Group LLC’s investment portfolio, making the stock its biggest position. Magnus Financial Group LLC’s holdings in SPDR Portfolio S&P 500 Value ETF were worth $100,344,000 at the end of the most recent reporting period.

Several other institutional investors also recently bought and sold shares of SPYV. JT Stratford LLC boosted its holdings in shares of SPDR Portfolio S&P 500 Value ETF by 0.4% during the second quarter. JT Stratford LLC now owns 47,303 shares of the company’s stock worth $2,476,000 after purchasing an additional 185 shares during the last quarter. Fiduciary Group LLC grew its position in shares of SPDR Portfolio S&P 500 Value ETF by 3.8% in the third quarter. Fiduciary Group LLC now owns 5,070 shares of the company’s stock valued at $281,000 after purchasing an additional 185 shares during the period. Altfest L J & Co. Inc. increased its stake in SPDR Portfolio S&P 500 Value ETF by 1.8% in the third quarter. Altfest L J & Co. Inc. now owns 10,499 shares of the company’s stock valued at $581,000 after purchasing an additional 186 shares during the last quarter. Note Advisors LLC increased its stake in SPDR Portfolio S&P 500 Value ETF by 4.9% in the third quarter. Note Advisors LLC now owns 4,145 shares of the company’s stock valued at $229,000 after purchasing an additional 195 shares during the last quarter. Finally, Signature Estate & Investment Advisors LLC lifted its position in SPDR Portfolio S&P 500 Value ETF by 3.9% during the third quarter. Signature Estate & Investment Advisors LLC now owns 5,283 shares of the company’s stock worth $292,000 after buying an additional 197 shares during the period.

SPDR Portfolio S&P 500 Value ETF Trading Down 1.0%

Shares of NYSEARCA:SPYV opened at $55.84 on Friday. The stock’s 50-day moving average price is $58.33 and its two-hundred day moving average price is $56.81. SPDR Portfolio S&P 500 Value ETF has a 12-month low of $44.39 and a 12-month high of $59.75. The firm has a market cap of $31.12 billion, a price-to-earnings ratio of 20.50 and a beta of 0.89.

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. 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.