SPDR Portfolio S&P 500 Value ETF (NYSEARCA:SPYV) Shares Bought by Money Design Co. Ltd.

Money Design Co. Ltd. increased its holdings in shares of SPDR Portfolio S&P 500 Value ETF (NYSEARCA:SPYV) by 8.8% during the 3rd quarter, HoldingsChannel.com reports. The institutional investor owned 437,661 shares of the company’s stock after purchasing an additional 35,543 shares during the quarter. SPDR Portfolio S&P 500 Value ETF comprises about 1.2% of Money Design Co. Ltd.’s investment portfolio, making the stock its 21st biggest holding. Money Design Co. Ltd.’s holdings in SPDR Portfolio S&P 500 Value ETF were worth $23,135,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also made changes to their positions in the company. Kayne Anderson Rudnick Investment Management LLC increased its holdings in SPDR Portfolio S&P 500 Value ETF by 227.0% in the second quarter. Kayne Anderson Rudnick Investment Management LLC now owns 582 shares of the company’s stock valued at $28,000 after buying an additional 404 shares during the last quarter. Crewe Advisors LLC acquired a new stake in shares of SPDR Portfolio S&P 500 Value ETF in the 1st quarter worth about $29,000. Olistico Wealth LLC bought a new stake in SPDR Portfolio S&P 500 Value ETF in the 2nd quarter valued at about $30,000. EdgeRock Capital LLC acquired a new position in SPDR Portfolio S&P 500 Value ETF during the 2nd quarter valued at about $30,000. Finally, Salem Investment Counselors Inc. bought a new position in SPDR Portfolio S&P 500 Value ETF in the 1st quarter worth about $35,000.

SPDR Portfolio S&P 500 Value ETF Trading Up 0.7 %

Shares of NYSEARCA:SPYV opened at $52.82 on Thursday. The firm’s 50 day moving average is $51.58 and its two-hundred day moving average is $49.99. The firm has a market capitalization of $22.89 billion, a P/E ratio of 24.09 and a beta of 0.81. SPDR Portfolio S&P 500 Value ETF has a 52 week low of $39.51 and a 52 week high of $52.98.

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.