Symphony Financial Ltd. Co. Has $17.99 Million Position in SPDR Portfolio S&P 500 Value ETF $SPYV

Symphony Financial Ltd. Co. lifted its stake in shares of SPDR Portfolio S&P 500 Value ETF (NYSEARCA:SPYV) by 6.6% during the second quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 295,932 shares of the company’s stock after purchasing an additional 18,351 shares during the period. SPDR Portfolio S&P 500 Value ETF makes up about 2.1% of Symphony Financial Ltd. Co.’s investment portfolio, making the stock its 10th biggest position. Symphony Financial Ltd. Co. owned approximately 0.05% of SPDR Portfolio S&P 500 Value ETF worth $17,993,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds and other institutional investors have also modified their holdings of SPYV. Retirement Income Solutions Inc. raised its position in SPDR Portfolio S&P 500 Value ETF by 0.7% in the 2nd quarter. Retirement Income Solutions Inc. now owns 42,343 shares of the company’s stock worth $2,396,000 after purchasing an additional 309 shares during the last quarter. Rehmann Capital Advisory Group boosted its position in SPDR Portfolio S&P 500 Value ETF by 1.8% in the 2nd quarter. Rehmann Capital Advisory Group now owns 40,670 shares of the company’s stock valued at $2,472,000 after buying an additional 705 shares during the last quarter. Farther Finance Advisors LLC boosted its position in SPDR Portfolio S&P 500 Value ETF by 4.6% in the 2nd quarter. Farther Finance Advisors LLC now owns 191,510 shares of the company’s stock valued at $11,642,000 after buying an additional 8,341 shares during the last quarter. HBW Advisory Services LLC increased its stake in shares of SPDR Portfolio S&P 500 Value ETF by 16.1% in the 2nd quarter. HBW Advisory Services LLC now owns 13,486 shares of the company’s stock valued at $820,000 after buying an additional 1,869 shares during the period. Finally, Courier Capital LLC increased its stake in shares of SPDR Portfolio S&P 500 Value ETF by 8.3% in the 2nd quarter. Courier Capital LLC now owns 849,798 shares of the company’s stock valued at $51,659,000 after buying an additional 65,352 shares during the period.

SPDR Portfolio S&P 500 Value ETF Stock Down 0.3%

SPYV stock opened at $63.13 on Wednesday. SPDR Portfolio S&P 500 Value ETF has a twelve month low of $53.94 and a twelve month high of $64.26. The company has a market cap of $36.80 billion, a P/E ratio of 20.50 and a beta of 0.82. The business has a fifty day moving average of $62.37 and a 200-day moving average of $60.22.

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.