Courier Capital LLC Buys 51,419 Shares of SPDR Portfolio S&P 500 Value ETF $SPYV

Courier Capital LLC boosted its stake in shares of SPDR Portfolio S&P 500 Value ETF (NYSEARCA:SPYV) by 8.4% during the 2nd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 662,146 shares of the company’s stock after buying an additional 51,419 shares during the quarter. SPDR Portfolio S&P 500 Value ETF accounts for approximately 2.1% of Courier Capital LLC’s portfolio, making the stock its 7th largest holding. Courier Capital LLC owned 0.13% of SPDR Portfolio S&P 500 Value ETF worth $34,657,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Elite Financial Inc. acquired a new position in SPDR Portfolio S&P 500 Value ETF during the first quarter worth about $25,000. Fiduciary Advisors Inc. acquired a new position in SPDR Portfolio S&P 500 Value ETF during the second quarter worth about $26,000. Tompkins Financial Corp grew its position in SPDR Portfolio S&P 500 Value ETF by 4,681.8% during the second quarter. Tompkins Financial Corp now owns 526 shares of the company’s stock worth $28,000 after buying an additional 515 shares during the period. Headlands Technologies LLC acquired a new position in SPDR Portfolio S&P 500 Value ETF during the first quarter worth about $29,000. Finally, VSM Wealth Advisory LLC acquired a new position in SPDR Portfolio S&P 500 Value ETF during the first quarter worth about $30,000.

SPDR Portfolio S&P 500 Value ETF Trading Up 0.8%

Shares of SPYV opened at $54.73 on Tuesday. The firm’s 50-day moving average is $54.53 and its two-hundred day moving average is $52.06. SPDR Portfolio S&P 500 Value ETF has a twelve month low of $44.39 and a twelve month high of $56.03. The firm has a market capitalization of $29.41 billion, a P/E ratio of 20.50 and a beta of 0.94.

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.