Gateway Wealth Partners LLC Boosts Holdings in SPDR Portfolio S&P 500 Value ETF $SPYV

Gateway Wealth Partners LLC raised its stake in shares of SPDR Portfolio S&P 500 Value ETF (NYSEARCA:SPYV) by 10.7% in the third quarter, HoldingsChannel.com reports. The institutional investor owned 116,950 shares of the company’s stock after acquiring an additional 11,346 shares during the period. Gateway Wealth Partners LLC’s holdings in SPDR Portfolio S&P 500 Value ETF were worth $6,471,000 as of its most recent filing with the SEC.

Several other institutional investors and hedge funds have also modified their holdings of the stock. Farther Finance Advisors LLC grew its holdings in SPDR Portfolio S&P 500 Value ETF by 13.8% in the 3rd quarter. Farther Finance Advisors LLC now owns 176,237 shares of the company’s stock valued at $9,751,000 after buying an additional 21,383 shares in the last quarter. ERn Financial LLC raised its holdings in shares of SPDR Portfolio S&P 500 Value ETF by 11.2% during the 3rd quarter. ERn Financial LLC now owns 644,527 shares of the company’s stock worth $35,662,000 after acquiring an additional 64,828 shares during the period. Destiny Capital Corp CO boosted its position in shares of SPDR Portfolio S&P 500 Value ETF by 7.4% during the 3rd quarter. Destiny Capital Corp CO now owns 357,542 shares of the company’s stock valued at $19,783,000 after acquiring an additional 24,508 shares during the last quarter. AE Wealth Management LLC grew its holdings in shares of SPDR Portfolio S&P 500 Value ETF by 19.5% in the third quarter. AE Wealth Management LLC now owns 3,117,992 shares of the company’s stock valued at $172,519,000 after purchasing an additional 509,151 shares during the period. Finally, Capital Advisory Group Advisory Services LLC grew its holdings in shares of SPDR Portfolio S&P 500 Value ETF by 10.2% in the third quarter. Capital Advisory Group Advisory Services LLC now owns 146,694 shares of the company’s stock valued at $8,117,000 after purchasing an additional 13,540 shares during the period.

SPDR Portfolio S&P 500 Value ETF Price Performance

Shares of SPYV stock opened at $59.45 on Friday. The firm’s 50-day moving average is $57.59 and its two-hundred day moving average is $55.83. SPDR Portfolio S&P 500 Value ETF has a 12 month low of $44.39 and a 12 month high of $59.53. The company has a market capitalization of $33.13 billion, a PE 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.