SPDR Portfolio S&P 500 Value ETF $SPYV Stock Purchased by Magnus Financial Group LLC

Magnus Financial Group LLC boosted its position in SPDR Portfolio S&P 500 Value ETF (NYSEARCA:SPYV) by 3.9% in the third quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 2,006,798 shares of the company’s stock after purchasing an additional 75,523 shares during the period. SPDR Portfolio S&P 500 Value ETF makes up about 8.2% of Magnus Financial Group LLC’s portfolio, making the stock its largest holding. Magnus Financial Group LLC’s holdings in SPDR Portfolio S&P 500 Value ETF were worth $122,676,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also recently added to or reduced their stakes in SPYV. Valmark Advisers Inc. increased its position in shares of SPDR Portfolio S&P 500 Value ETF by 2.9% during the 1st quarter. Valmark Advisers Inc. now owns 8,996,058 shares of the company’s stock valued at $508,997,000 after purchasing an additional 255,913 shares during the period. The Manufacturers Life Insurance Company raised its stake in shares of SPDR Portfolio S&P 500 Value ETF by 1,807.9% in the 2nd quarter. The Manufacturers Life Insurance Company now owns 6,312,030 shares of the company’s stock worth $383,708,000 after buying an additional 5,981,186 shares in the last quarter. NorthRock Partners LLC raised its stake in shares of SPDR Portfolio S&P 500 Value ETF by 6.6% in the 2nd quarter. NorthRock Partners LLC now owns 4,889,672 shares of the company’s stock worth $297,243,000 after buying an additional 303,367 shares in the last quarter. Cetera Investment Advisers raised its stake in shares of SPDR Portfolio S&P 500 Value ETF by 5.8% in the 1st quarter. Cetera Investment Advisers now owns 4,205,952 shares of the company’s stock worth $237,973,000 after buying an additional 230,152 shares in the last quarter. Finally, Diversify Advisory Services LLC lifted its holdings in shares of SPDR Portfolio S&P 500 Value ETF by 9.0% in the third quarter. Diversify Advisory Services LLC now owns 3,073,276 shares of the company’s stock valued at $193,985,000 after buying an additional 254,409 shares during the period.

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

Shares of SPDR Portfolio S&P 500 Value ETF stock opened at $63.74 on Thursday. The business has a fifty day simple moving average of $62.81 and a 200-day simple moving average of $61.43. SPDR Portfolio S&P 500 Value ETF has a fifty-two week low of $54.44 and a fifty-two week high of $64.26. The firm has a market cap of $38.21 billion, a price-to-earnings ratio of 20.50 and a beta of 0.82.

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.