SPDR Portfolio S&P 500 Value ETF $SPYV is Alta Wealth Advisors LLC’s 2nd Largest Position

Alta Wealth Advisors LLC increased its stake in SPDR Portfolio S&P 500 Value ETF (NYSEARCA:SPYV) by 5.7% in the second quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 494,328 shares of the company’s stock after purchasing an additional 26,529 shares during the quarter. SPDR Portfolio S&P 500 Value ETF accounts for 12.2% of Alta Wealth Advisors LLC’s investment portfolio, making the stock its 2nd largest position. Alta Wealth Advisors LLC owned approximately 0.09% of SPDR Portfolio S&P 500 Value ETF worth $25,873,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other large investors have also recently added to or reduced their stakes in the business. Flagship Private Wealth LLC grew 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 last quarter. Warren Street Wealth Advisors LLC grew its stake in SPDR Portfolio S&P 500 Value ETF by 1.7% in the 2nd quarter. Warren Street Wealth Advisors LLC now owns 12,309 shares of the company’s stock valued at $644,000 after acquiring an additional 209 shares during the last quarter. Key Client Fiduciary Advisors LLC grew its stake in SPDR Portfolio S&P 500 Value ETF by 3.4% in the 2nd quarter. Key Client Fiduciary Advisors LLC now owns 6,432 shares of the company’s stock valued at $337,000 after acquiring an additional 214 shares during the last quarter. Patriot Financial Group Insurance Agency LLC grew its stake in 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 valued at $611,000 after acquiring an additional 228 shares during the last quarter. Finally, Ballast Inc. grew its stake in SPDR Portfolio S&P 500 Value ETF by 3.2% in the 1st quarter. Ballast Inc. now owns 8,256 shares of the company’s stock valued at $422,000 after acquiring an additional 258 shares during the last quarter.

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

Shares of NYSEARCA SPYV opened at $55.70 on Friday. The stock has a market cap of $29.90 billion, a price-to-earnings ratio of 20.50 and a beta of 0.94. SPDR Portfolio S&P 500 Value ETF has a 52 week low of $44.39 and a 52 week high of $55.97. The company’s 50-day moving average price is $54.25 and its 200 day moving average price is $51.88.

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.