Asset Management Group Inc. Grows Holdings in SPDR Portfolio S&P 500 Value ETF (NYSEARCA:SPYV)

Asset Management Group Inc. increased its holdings in shares of SPDR Portfolio S&P 500 Value ETF (NYSEARCA:SPYV) by 1.7% during the 2nd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 91,834 shares of the company’s stock after acquiring an additional 1,525 shares during the period. Asset Management Group Inc.’s holdings in SPDR Portfolio S&P 500 Value ETF were worth $4,476,000 at the end of the most recent reporting period.

Several other hedge funds have also bought and sold shares of SPYV. Crewe Advisors LLC bought a new position in SPDR Portfolio S&P 500 Value ETF during the 1st quarter valued at about $29,000. Olistico Wealth LLC bought a new position in SPDR Portfolio S&P 500 Value ETF during the second quarter valued at approximately $30,000. EdgeRock Capital LLC purchased a new stake in SPDR Portfolio S&P 500 Value ETF in the second quarter worth approximately $30,000. Salem Investment Counselors Inc. bought a new stake in SPDR Portfolio S&P 500 Value ETF in the 1st quarter worth approximately $35,000. Finally, Vima LLC purchased a new stake in SPDR Portfolio S&P 500 Value ETF during the 4th quarter valued at $36,000.

SPDR Portfolio S&P 500 Value ETF Price Performance

SPYV stock opened at $52.59 on Friday. SPDR Portfolio S&P 500 Value ETF has a 1 year low of $39.51 and a 1 year high of $52.92. The company has a market cap of $22.79 billion, a P/E ratio of 24.09 and a beta of 0.81. The stock’s fifty day moving average price is $51.08 and its 200-day moving average price is $49.68.

About SPDR Portfolio S&P 500 Value ETF

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.