Marion Wealth Management Acquires 9,154 Shares of SPDR Portfolio S&P 500 Value ETF (NYSEARCA:SPYV)

Marion Wealth Management increased its holdings in shares of SPDR Portfolio S&P 500 Value ETF (NYSEARCA:SPYV) by 41.7% during the 3rd quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 31,118 shares of the company’s stock after acquiring an additional 9,154 shares during the period. Marion Wealth Management’s holdings in SPDR Portfolio S&P 500 Value ETF were worth $1,645,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also added to or reduced their stakes in SPYV. Williams Financial LLC lifted its position in shares of SPDR Portfolio S&P 500 Value ETF by 6,166.3% during the 2nd quarter. Williams Financial LLC now owns 42,988,918 shares of the company’s stock worth $2,101,241,000 after buying an additional 42,302,888 shares during the period. Dynasty Wealth Management LLC bought a new stake in shares of SPDR Portfolio S&P 500 Value ETF in the 1st quarter worth about $152,867,000. LPL Financial LLC grew its stake in SPDR Portfolio S&P 500 Value ETF by 7.6% during the second quarter. LPL Financial LLC now owns 35,973,940 shares of the company’s stock worth $1,753,370,000 after buying an additional 2,535,855 shares during the last quarter. Cetera Investment Advisers increased its holdings in shares of SPDR Portfolio S&P 500 Value ETF by 209.0% during the first quarter. Cetera Investment Advisers now owns 2,530,967 shares of the company’s stock worth $126,801,000 after buying an additional 1,711,930 shares in the last quarter. Finally, Mount Yale Investment Advisors LLC bought a new position in shares of SPDR Portfolio S&P 500 Value ETF in the first quarter valued at approximately $68,483,000.

SPDR Portfolio S&P 500 Value ETF Price Performance

NYSEARCA SPYV opened at $52.33 on Tuesday. The stock’s 50 day simple moving average is $51.55 and its 200 day simple moving average is $49.97. SPDR Portfolio S&P 500 Value ETF has a one year low of $39.51 and a one year high of $52.98. The firm has a market cap of $22.68 billion, a PE ratio of 24.09 and a beta of 0.81.

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.