B. Riley Wealth Advisors Inc. Boosts Holdings in SPDR Portfolio S&P 500 Value ETF (NYSEARCA:SPYV)

B. Riley Wealth Advisors Inc. raised its position in SPDR Portfolio S&P 500 Value ETF (NYSEARCA:SPYV) by 128.9% in the 2nd quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 15,839 shares of the company’s stock after purchasing an additional 8,919 shares during the period. B. Riley Wealth Advisors Inc.’s holdings in SPDR Portfolio S&P 500 Value ETF were worth $772,000 at the end of the most recent reporting period.

A number of other hedge funds have also recently made changes to their positions in SPYV. Crewe Advisors LLC bought a new stake in SPDR Portfolio S&P 500 Value ETF during the first quarter valued at $29,000. 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. Olistico Wealth LLC purchased a new position in shares of SPDR Portfolio S&P 500 Value ETF during the second quarter worth about $30,000. EdgeRock Capital LLC purchased a new position in shares of SPDR Portfolio S&P 500 Value ETF during the second quarter worth about $30,000. Finally, Salem Investment Counselors Inc. bought a new position in shares of SPDR Portfolio S&P 500 Value ETF in the first quarter worth approximately $35,000.

SPDR Portfolio S&P 500 Value ETF Price Performance

Shares of SPYV opened at $52.74 on Friday. SPDR Portfolio S&P 500 Value ETF has a 1-year low of $39.51 and a 1-year high of $52.98. The company has a market capitalization of $22.86 billion, a P/E ratio of 24.09 and a beta of 0.81. The firm’s 50 day simple moving average is $51.52 and its 200 day simple moving average is $49.94.

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.