Leicht Financial Planning & Wealth Management Inc. grew its stake in SPDR Portfolio S&P 500 Value ETF (NYSEARCA:SPYV – Free Report) by 26.2% during the 2nd quarter, HoldingsChannel reports. The firm owned 555,096 shares of the company’s stock after buying an additional 115,142 shares during the quarter. SPDR Portfolio S&P 500 Value ETF accounts for about 13.8% of Leicht Financial Planning & Wealth Management Inc.’s investment portfolio, making the stock its 2nd biggest holding. Leicht Financial Planning & Wealth Management Inc.’s holdings in SPDR Portfolio S&P 500 Value ETF were worth $29,054,000 at the end of the most recent quarter.
A number of other hedge funds and other institutional investors have also made changes to their positions in SPYV. Edgestream Partners L.P. acquired a new position in shares of SPDR Portfolio S&P 500 Value ETF in the 1st quarter valued at $343,000. Dynasty Wealth Management LLC raised its position in shares of SPDR Portfolio S&P 500 Value ETF by 32.7% in the first quarter. Dynasty Wealth Management LLC now owns 4,394,135 shares of the company’s stock worth $224,408,000 after acquiring an additional 1,083,736 shares during the period. Kingsview Wealth Management LLC raised its position in shares of SPDR Portfolio S&P 500 Value ETF by 1.2% in the first quarter. Kingsview Wealth Management LLC now owns 259,509 shares of the company’s stock worth $13,253,000 after acquiring an additional 3,145 shares during the period. Fortis Group Advisors LLC boosted its stake in shares of SPDR Portfolio S&P 500 Value ETF by 5.8% during the 1st quarter. Fortis Group Advisors LLC now owns 10,512 shares of the company’s stock worth $537,000 after acquiring an additional 578 shares in the last quarter. Finally, KM Capital Management Ltd. grew its position in shares of SPDR Portfolio S&P 500 Value ETF by 30.3% during the 1st quarter. KM Capital Management Ltd. now owns 6,605 shares of the company’s stock valued at $337,000 after acquiring an additional 1,537 shares during the period.
SPDR Portfolio S&P 500 Value ETF Trading Down 1.0%
Shares of SPYV stock opened at $56.29 on Friday. The company has a market capitalization of $30.42 billion, a P/E ratio of 20.50 and a beta of 0.89. SPDR Portfolio S&P 500 Value ETF has a 12-month low of $44.39 and a 12-month high of $56.96. The business’s 50 day moving average is $55.40 and its two-hundred day moving average is $53.29.
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.
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Want to see what other hedge funds are holding SPYV? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for SPDR Portfolio S&P 500 Value ETF (NYSEARCA:SPYV – Free Report).
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