Brown Miller Wealth Management LLC Buys Shares of 15,676 SPDR Portfolio S&P 500 Value ETF $SPYV

Brown Miller Wealth Management LLC purchased a new stake in shares of SPDR Portfolio S&P 500 Value ETF (NYSEARCA:SPYV) in the second quarter, according to its most recent filing with the SEC. The firm purchased 15,676 shares of the company’s stock, valued at approximately $820,000.

Other institutional investors and hedge funds have also modified their holdings of the company. Tower Wealth Partners Inc. raised its holdings in SPDR Portfolio S&P 500 Value ETF by 0.8% during the first quarter. Tower Wealth Partners Inc. now owns 44,623 shares of the company’s stock worth $2,279,000 after purchasing an additional 351 shares during the last quarter. Leicht Financial Planning & Wealth Management Inc. increased its position in shares of SPDR Portfolio S&P 500 Value ETF by 1.8% in the first quarter. Leicht Financial Planning & Wealth Management Inc. now owns 439,954 shares of the company’s stock valued at $22,468,000 after buying an additional 7,699 shares in the last quarter. Buttonwood Financial Group LLC acquired a new position in shares of SPDR Portfolio S&P 500 Value ETF during the 1st quarter worth $4,731,000. Rockwood Wealth Management LLC raised its stake in shares of SPDR Portfolio S&P 500 Value ETF by 18.8% during the 1st quarter. Rockwood Wealth Management LLC now owns 5,171 shares of the company’s stock worth $264,000 after buying an additional 819 shares during the last quarter. Finally, Patriot Financial Group Insurance Agency LLC boosted its position in shares of SPDR Portfolio S&P 500 Value ETF by 1.9% in the 1st quarter. Patriot Financial Group Insurance Agency LLC now owns 11,965 shares of the company’s stock worth $611,000 after buying an additional 228 shares in the last quarter.

SPDR Portfolio S&P 500 Value ETF Trading Up 0.4%

NYSEARCA:SPYV opened at $55.70 on Friday. The firm has a 50-day moving average price of $54.25 and a two-hundred day moving average price of $51.88. SPDR Portfolio S&P 500 Value ETF has a twelve month low of $44.39 and a twelve month high of $55.97. The company has a market capitalization of $29.90 billion, a P/E ratio of 20.50 and a beta of 0.94.

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.