Concord Wealth Partners Acquires 720 Shares of SPDR Portfolio S&P 500 Value ETF (NYSEARCA:SPYV)

Concord Wealth Partners increased its stake in shares of SPDR Portfolio S&P 500 Value ETF (NYSEARCA:SPYV) by 15.5% during the 3rd quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 5,373 shares of the company’s stock after buying an additional 720 shares during the period. Concord Wealth Partners’ holdings in SPDR Portfolio S&P 500 Value ETF were worth $284,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors have also recently added to or reduced their stakes in the stock. Tower Wealth Partners Inc. raised its position in shares of SPDR Portfolio S&P 500 Value ETF by 4.3% during the first quarter. Tower Wealth Partners Inc. now owns 43,218 shares of the company’s stock worth $2,165,000 after acquiring an additional 1,778 shares during the last quarter. Integrity Wealth Solutions LLC grew its position in shares of SPDR Portfolio S&P 500 Value ETF by 9.8% during the 1st quarter. Integrity Wealth Solutions LLC now owns 23,441 shares of the company’s stock worth $1,174,000 after buying an additional 2,096 shares during the period. Wallington Asset Management LLC raised its stake in shares of SPDR Portfolio S&P 500 Value ETF by 49.9% during the first quarter. Wallington Asset Management LLC now owns 15,070 shares of the company’s stock worth $755,000 after buying an additional 5,015 shares during the last quarter. Kovack Advisors Inc. boosted its position in shares of SPDR Portfolio S&P 500 Value ETF by 7.0% in the 1st quarter. Kovack Advisors Inc. now owns 7,258 shares of the company’s stock worth $364,000 after purchasing an additional 474 shares during the last quarter. Finally, Accel Wealth Management boosted its holdings in SPDR Portfolio S&P 500 Value ETF by 13.5% during the first quarter. Accel Wealth Management now owns 7,002 shares of the company’s stock worth $351,000 after buying an additional 835 shares during the last quarter.

SPDR Portfolio S&P 500 Value ETF Stock Performance

Shares of NYSEARCA:SPYV opened at $52.93 on Tuesday. The company has a 50 day moving average price of $52.43 and a two-hundred day moving average price of $50.35. The company has a market capitalization of $22.94 billion, a PE ratio of 24.09 and a beta of 0.81. SPDR Portfolio S&P 500 Value ETF has a 52 week low of $39.81 and a 52 week high of $53.93.

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.