SPDR Portfolio S&P 500 Value ETF $SPYV Shares Newly Bought by Fluent Financial LLC

Fluent Financial LLC acquired a new position in SPDR Portfolio S&P 500 Value ETF (NYSEARCA:SPYV) during the 3rd quarter, HoldingsChannel.com reports. The firm acquired 665,051 shares of the company’s stock, valued at approximately $40,655,000. SPDR Portfolio S&P 500 Value ETF accounts for about 14.6% of Fluent Financial LLC’s investment portfolio, making the stock its 2nd biggest holding.

Several other institutional investors also recently modified their holdings of SPYV. Forvis Mazars Wealth Advisors LLC purchased a new position in shares of SPDR Portfolio S&P 500 Value ETF in the 3rd quarter worth about $208,000. Avior Wealth Management LLC bought a new stake in SPDR Portfolio S&P 500 Value ETF in the 3rd quarter worth $46,088,000. Roan Capital Partners increased its holdings in SPDR Portfolio S&P 500 Value ETF by 6.2% during the 3rd quarter. Roan Capital Partners now owns 26,605 shares of the company’s stock valued at $1,626,000 after purchasing an additional 1,543 shares during the period. Montz Harcus Wealth Management LLC raised its holdings in shares of SPDR Portfolio S&P 500 Value ETF by 4.4% during the third quarter. Montz Harcus Wealth Management LLC now owns 5,099 shares of the company’s stock valued at $312,000 after acquiring an additional 214 shares in the last quarter. Finally, Armstrong Advisory Group Inc. raised its holdings in SPDR Portfolio S&P 500 Value ETF by 3.1% in the 3rd quarter. Armstrong Advisory Group Inc. now owns 416,551 shares of the company’s stock worth $25,464,000 after purchasing an additional 12,600 shares in the last quarter.

SPDR Portfolio S&P 500 Value ETF Trading Up 0.0%

SPDR Portfolio S&P 500 Value ETF stock traded up $0.02 during trading hours on Tuesday, hitting $62.67. 4,593,391 shares of the stock traded hands, compared to its average volume of 2,799,049. The company has a market cap of $36.53 billion, a PE ratio of 20.50 and a beta of 0.82. The firm’s 50-day moving average price is $62.81 and its two-hundred day moving average price is $61.09. SPDR Portfolio S&P 500 Value ETF has a one year low of $54.35 and a one year high of $64.26.

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.