Waverly Advisors LLC Grows Stock Position in SPDR Portfolio S&P 500 Value ETF $SPYV

Waverly Advisors LLC increased its stake in shares of SPDR Portfolio S&P 500 Value ETF (NYSEARCA:SPYV) by 17.9% in the 2nd quarter, Holdings Channel.com reports. The firm owned 996,736 shares of the company’s stock after purchasing an additional 151,023 shares during the period. Waverly Advisors LLC’s holdings in SPDR Portfolio S&P 500 Value ETF were worth $60,592,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other hedge funds and other institutional investors have also recently bought and sold shares of SPYV. Topsail Wealth Management LLC increased its stake in SPDR Portfolio S&P 500 Value ETF by 5.3% in the 1st quarter. Topsail Wealth Management LLC now owns 3,450 shares of the company’s stock valued at $195,000 after buying an additional 175 shares during the period. SmartHarvest Portfolios LLC raised its position in SPDR Portfolio S&P 500 Value ETF by 4.6% during the 1st quarter. SmartHarvest Portfolios LLC now owns 4,008 shares of the company’s stock worth $227,000 after buying an additional 176 shares during the last quarter. Cornerstone Advisors Asset Management LLC lifted its stake in shares of SPDR Portfolio S&P 500 Value ETF by 0.4% in the 2nd quarter. Cornerstone Advisors Asset Management LLC now owns 40,248 shares of the company’s stock worth $2,447,000 after acquiring an additional 178 shares during the period. Empirical Asset Management LLC lifted its stake in shares of SPDR Portfolio S&P 500 Value ETF by 1.5% in the 4th quarter. Empirical Asset Management LLC now owns 12,628 shares of the company’s stock worth $717,000 after acquiring an additional 183 shares during the period. Finally, Principle Wealth Partners LLC boosted its holdings in shares of SPDR Portfolio S&P 500 Value ETF by 4.2% in the fourth quarter. Principle Wealth Partners LLC now owns 4,725 shares of the company’s stock valued at $268,000 after acquiring an additional 191 shares in the last quarter.

SPDR Portfolio S&P 500 Value ETF Trading Down 0.6%

Shares of SPDR Portfolio S&P 500 Value ETF stock traded down $0.38 on Tuesday, reaching $63.06. 1,363,569 shares of the stock were exchanged, compared to its average volume of 2,951,128. SPDR Portfolio S&P 500 Value ETF has a 1-year low of $53.94 and a 1-year high of $64.26. The business has a fifty day moving average price of $62.61 and a two-hundred day moving average price of $60.35. The firm has a market capitalization of $36.76 billion, a PE ratio of 20.50 and a beta of 0.82.

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. 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.