Apella Capital LLC Purchases New Position in SPDR Portfolio S&P 500 Value ETF (NYSEARCA:SPYV)

Apella Capital LLC acquired a new stake in SPDR Portfolio S&P 500 Value ETF (NYSEARCA:SPYV) in the 3rd quarter, according to the company in its most recent Form 13F filing with the SEC. The institutional investor acquired 15,570 shares of the company’s stock, valued at approximately $820,000.

A number of other hedge funds have also recently added to or reduced their stakes in SPYV. Kayne Anderson Rudnick Investment Management LLC grew its holdings in shares of SPDR Portfolio S&P 500 Value ETF by 227.0% during the second quarter. Kayne Anderson Rudnick Investment Management LLC now owns 582 shares of the company’s stock worth $28,000 after purchasing an additional 404 shares during the last quarter. Crewe Advisors LLC bought a new stake in SPDR Portfolio S&P 500 Value ETF during the 1st quarter worth approximately $29,000. Olistico Wealth LLC bought a new stake in SPDR Portfolio S&P 500 Value ETF during the 2nd quarter worth approximately $30,000. EdgeRock Capital LLC acquired a new position in SPDR Portfolio S&P 500 Value ETF in the 2nd quarter valued at approximately $30,000. Finally, Salem Investment Counselors Inc. bought a new position in shares of SPDR Portfolio S&P 500 Value ETF during the first quarter valued at $35,000.

SPDR Portfolio S&P 500 Value ETF Price Performance

Shares of SPDR Portfolio S&P 500 Value ETF stock traded up $0.35 during trading on Friday, hitting $52.74. The company’s stock had a trading volume of 1,384,346 shares, compared to its average volume of 2,625,495. The stock has a market cap of $22.86 billion, a price-to-earnings ratio of 24.09 and a beta of 0.81. The stock has a 50-day moving average price of $51.52 and a two-hundred day moving average price of $49.94. SPDR Portfolio S&P 500 Value ETF has a 52 week low of $39.51 and a 52 week high of $52.98.

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.