Mount Yale Investment Advisors LLC Increases Stake in SPDR Portfolio S&P 500 Value ETF (NYSEARCA:SPYV)

Mount Yale Investment Advisors LLC increased its position in SPDR Portfolio S&P 500 Value ETF (NYSEARCA:SPYV) by 0.5% in the second quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 1,373,876 shares of the company’s stock after acquiring an additional 6,944 shares during the quarter. SPDR Portfolio S&P 500 Value ETF comprises about 5.3% of Mount Yale Investment Advisors LLC’s holdings, making the stock its 2nd biggest holding. Mount Yale Investment Advisors LLC owned 0.32% of SPDR Portfolio S&P 500 Value ETF worth $66,963,000 at the end of the most recent reporting period.

Several other hedge funds also recently bought and sold shares of SPYV. Kayne Anderson Rudnick Investment Management LLC raised 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 acquiring an additional 404 shares in the last quarter. Crewe Advisors LLC bought a new position in shares of SPDR Portfolio S&P 500 Value ETF in the first quarter worth approximately $29,000. Olistico Wealth LLC purchased a new stake in SPDR Portfolio S&P 500 Value ETF in the second quarter valued at approximately $30,000. EdgeRock Capital LLC bought a new stake in SPDR Portfolio S&P 500 Value ETF during the second quarter valued at approximately $30,000. Finally, Salem Investment Counselors Inc. purchased a new position in SPDR Portfolio S&P 500 Value ETF in the 1st quarter worth approximately $35,000.

SPDR Portfolio S&P 500 Value ETF Stock Performance

SPDR Portfolio S&P 500 Value ETF stock opened at $52.59 on Friday. SPDR Portfolio S&P 500 Value ETF has a fifty-two week low of $39.51 and a fifty-two week high of $52.92. The stock has a market cap of $22.79 billion, a P/E ratio of 24.09 and a beta of 0.81. The firm’s fifty day moving average price is $51.08 and its 200-day moving average price is $49.69.

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.