CGN Advisors LLC Raises Holdings in SPDR Portfolio S&P 500 Value ETF $SPYV

CGN Advisors LLC increased its holdings in shares of SPDR Portfolio S&P 500 Value ETF (NYSEARCA:SPYV) by 5.9% in the third quarter, HoldingsChannel reports. The firm owned 879,811 shares of the company’s stock after buying an additional 49,194 shares during the period. SPDR Portfolio S&P 500 Value ETF makes up 4.0% of CGN Advisors LLC’s portfolio, making the stock its 3rd largest position. CGN Advisors LLC’s holdings in SPDR Portfolio S&P 500 Value ETF were worth $48,680,000 at the end of the most recent reporting period.

Other institutional investors have also recently bought and sold shares of the company. JT Stratford LLC lifted its position in shares of SPDR Portfolio S&P 500 Value ETF by 0.4% in the second quarter. JT Stratford LLC now owns 47,303 shares of the company’s stock valued at $2,476,000 after buying an additional 185 shares during the last quarter. Flagship Private Wealth LLC raised its stake in SPDR Portfolio S&P 500 Value ETF by 0.7% in the 2nd quarter. Flagship Private Wealth LLC now owns 27,505 shares of the company’s stock valued at $1,440,000 after acquiring an additional 197 shares during the period. Red Tortoise LLC lifted its holdings in SPDR Portfolio S&P 500 Value ETF by 0.3% during the 2nd quarter. Red Tortoise LLC now owns 70,172 shares of the company’s stock valued at $3,673,000 after purchasing an additional 207 shares during the last quarter. Warren Street Wealth Advisors LLC boosted its position in SPDR Portfolio S&P 500 Value ETF by 1.7% during the second quarter. Warren Street Wealth Advisors LLC now owns 12,309 shares of the company’s stock worth $644,000 after purchasing an additional 209 shares during the period. Finally, Key Client Fiduciary Advisors LLC increased its holdings in shares of SPDR Portfolio S&P 500 Value ETF by 3.4% in the second quarter. Key Client Fiduciary Advisors LLC now owns 6,432 shares of the company’s stock valued at $337,000 after purchasing an additional 214 shares during the last quarter.

SPDR Portfolio S&P 500 Value ETF Price Performance

Shares of SPYV opened at $57.10 on Friday. The company’s 50-day moving average is $56.16 and its 200-day moving average is $54.41. The firm has a market capitalization of $30.86 billion, a PE ratio of 20.50 and a beta of 0.89. SPDR Portfolio S&P 500 Value ETF has a fifty-two week low of $44.39 and a fifty-two week high of $57.59.

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.