Kestra Investment Management LLC Acquires New Holdings in SPDR Portfolio S&P 500 Value ETF (NYSEARCA:SPYV)

Kestra Investment Management LLC bought a new position in shares of SPDR Portfolio S&P 500 Value ETF (NYSEARCA:SPYV) during the 4th quarter, HoldingsChannel reports. The institutional investor bought 6,150 shares of the company’s stock, valued at approximately $315,000.

Other institutional investors have also recently added to or reduced their stakes in the company. SOA Wealth Advisors LLC. increased its stake in shares of SPDR Portfolio S&P 500 Value ETF by 40.1% in the third quarter. SOA Wealth Advisors LLC. now owns 153,126 shares of the company’s stock valued at $8,094,000 after buying an additional 43,857 shares during the period. Blue Trust Inc. boosted its holdings in SPDR Portfolio S&P 500 Value ETF by 38.5% in the third quarter. Blue Trust Inc. now owns 1,864 shares of the company’s stock valued at $91,000 after acquiring an additional 518 shares during the last quarter. Raymond James & Associates increased its position in SPDR Portfolio S&P 500 Value ETF by 11.5% during the 3rd quarter. Raymond James & Associates now owns 762,790 shares of the company’s stock valued at $40,321,000 after purchasing an additional 78,717 shares during the period. Foundations Investment Advisors LLC raised its holdings in SPDR Portfolio S&P 500 Value ETF by 257.0% during the 3rd quarter. Foundations Investment Advisors LLC now owns 113,815 shares of the company’s stock worth $6,016,000 after purchasing an additional 81,938 shares during the last quarter. Finally, Signaturefd LLC lifted its position in shares of SPDR Portfolio S&P 500 Value ETF by 23.6% in the 3rd quarter. Signaturefd LLC now owns 5,222 shares of the company’s stock worth $276,000 after purchasing an additional 996 shares during the period.

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

SPYV opened at $53.19 on Thursday. SPDR Portfolio S&P 500 Value ETF has a twelve month low of $47.22 and a twelve month high of $55.42. The company has a fifty day moving average of $52.05 and a 200-day moving average of $52.45. The stock has a market cap of $23.05 billion, a PE ratio of 24.09 and a beta of 0.81.

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.