Forthright Family Wealth Advisory LLC Acquires Shares of 17,143 SPDR Portfolio S&P 500 Value ETF $SPYV

Forthright Family Wealth Advisory LLC bought a new position in SPDR Portfolio S&P 500 Value ETF (NYSEARCA:SPYV) during the 3rd quarter, HoldingsChannel reports. The fund bought 17,143 shares of the company’s stock, valued at approximately $949,000. SPDR Portfolio S&P 500 Value ETF accounts for about 0.6% of Forthright Family Wealth Advisory LLC’s holdings, making the stock its 28th biggest holding.

Several other institutional investors have also recently added to or reduced their stakes in the company. Atlantic Union Bankshares Corp bought a new stake in SPDR Portfolio S&P 500 Value ETF during the second quarter worth about $36,000. Legacy Investment Solutions LLC bought a new stake in shares of SPDR Portfolio S&P 500 Value ETF during the second quarter worth $36,000. Steigerwald Gordon & Koch Inc. bought a new stake in shares of SPDR Portfolio S&P 500 Value ETF during the third quarter worth $44,000. TFC Financial Management Inc. acquired a new stake in shares of SPDR Portfolio S&P 500 Value ETF in the third quarter valued at $44,000. Finally, Wagner Wealth Management LLC bought a new position in shares of SPDR Portfolio S&P 500 Value ETF in the third quarter valued at about $45,000.

SPDR Portfolio S&P 500 Value ETF Stock Up 0.2%

Shares of NYSEARCA SPYV opened at $58.17 on Friday. SPDR Portfolio S&P 500 Value ETF has a 12-month low of $44.39 and a 12-month high of $58.50. The firm’s 50-day simple moving average is $57.34 and its 200 day simple moving average is $55.63. The company has a market cap of $32.33 billion, a price-to-earnings ratio of 20.50 and a beta of 0.89.

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. 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.