Great Valley Advisor Group Inc. Increases Stake in SPDR Portfolio S&P 500 Value ETF (NYSEARCA:SPYV)

Great Valley Advisor Group Inc. grew its position in shares of SPDR Portfolio S&P 500 Value ETF (NYSEARCA:SPYV) by 23.4% in the third quarter, Holdings Channel reports. The institutional investor owned 515,094 shares of the company’s stock after buying an additional 97,751 shares during the period. SPDR Portfolio S&P 500 Value ETF accounts for 0.7% of Great Valley Advisor Group Inc.’s holdings, making the stock its 28th biggest holding. Great Valley Advisor Group Inc.’s holdings in SPDR Portfolio S&P 500 Value ETF were worth $27,228,000 as of its most recent SEC filing.

A number of other large investors also recently bought and sold shares of SPYV. CENTRAL TRUST Co raised its position in SPDR Portfolio S&P 500 Value ETF by 199.4% during the 3rd quarter. CENTRAL TRUST Co now owns 491 shares of the company’s stock worth $26,000 after buying an additional 327 shares during the last quarter. Kayne Anderson Rudnick Investment Management LLC increased its holdings in shares of SPDR Portfolio S&P 500 Value ETF by 227.0% in the 2nd quarter. Kayne Anderson Rudnick Investment Management LLC now owns 582 shares of the company’s stock valued at $28,000 after purchasing an additional 404 shares in the last quarter. Olistico Wealth LLC purchased a new position in shares of SPDR Portfolio S&P 500 Value ETF in the 2nd quarter valued at about $30,000. EdgeRock Capital LLC purchased a new position in shares of SPDR Portfolio S&P 500 Value ETF in the 2nd quarter valued at about $30,000. Finally, ORG Wealth Partners LLC purchased a new position in shares of SPDR Portfolio S&P 500 Value ETF in the 3rd quarter valued at about $33,000.

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

Shares of SPYV opened at $54.66 on Friday. The company has a 50-day simple moving average of $53.03 and a 200-day simple moving average of $51.01. The company has a market capitalization of $23.69 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 $43.93 and a 52-week high of $54.72.

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.