SPDR Portfolio S&P 500 Value ETF $SPYV Shares Acquired by Cardinal Strategic Wealth Guidance

Cardinal Strategic Wealth Guidance grew its holdings in SPDR Portfolio S&P 500 Value ETF (NYSEARCA:SPYV) by 11.1% in the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 158,229 shares of the company’s stock after acquiring an additional 15,800 shares during the period. SPDR Portfolio S&P 500 Value ETF comprises approximately 2.4% of Cardinal Strategic Wealth Guidance’s portfolio, making the stock its 9th largest position. Cardinal Strategic Wealth Guidance’s holdings in SPDR Portfolio S&P 500 Value ETF were worth $8,282,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also recently modified their holdings of the company. Elite Financial Inc. acquired a new position in shares of SPDR Portfolio S&P 500 Value ETF during the first quarter worth $25,000. Fiduciary Advisors Inc. acquired a new position in shares of SPDR Portfolio S&P 500 Value ETF during the second quarter worth $26,000. Tompkins Financial Corp grew its stake in shares of 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 purchasing an additional 515 shares in the last quarter. Headlands Technologies LLC acquired a new position in shares of SPDR Portfolio S&P 500 Value ETF during the first quarter worth $29,000. Finally, VSM Wealth Advisory LLC acquired a new position in shares of SPDR Portfolio S&P 500 Value ETF during the first quarter worth $30,000.

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

Shares of SPYV stock opened at $55.70 on Friday. The firm has a fifty day moving average price of $54.25 and a 200 day moving average price of $51.88. The company has a market cap of $29.90 billion, a P/E ratio of 20.50 and a beta of 0.94. SPDR Portfolio S&P 500 Value ETF has a 12 month low of $44.39 and a 12 month high of $55.97.

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.