AE Wealth Management LLC Increases Stock Position in SPDR Portfolio S&P 500 Value ETF (NYSEARCA:SPYV)

AE Wealth Management LLC grew its position in shares of SPDR Portfolio S&P 500 Value ETF (NYSEARCA:SPYV) by 3.8% during the 2nd quarter, according to the company in its most recent disclosure with the SEC. The fund owned 1,569,238 shares of the company’s stock after purchasing an additional 57,410 shares during the quarter. SPDR Portfolio S&P 500 Value ETF makes up about 0.8% of AE Wealth Management LLC’s holdings, making the stock its 21st largest position. AE Wealth Management LLC owned 0.36% of SPDR Portfolio S&P 500 Value ETF worth $76,485,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also made changes to their positions in the company. Crewe Advisors LLC acquired a new stake in SPDR Portfolio S&P 500 Value ETF during the 1st quarter worth $29,000. Olistico Wealth LLC purchased a new stake in shares of SPDR Portfolio S&P 500 Value ETF in the second quarter valued at about $30,000. EdgeRock Capital LLC purchased a new stake in shares of SPDR Portfolio S&P 500 Value ETF in the second quarter valued at about $30,000. Salem Investment Counselors Inc. acquired a new stake in shares of SPDR Portfolio S&P 500 Value ETF during the first quarter worth about $35,000. Finally, Vima LLC purchased a new position in shares of SPDR Portfolio S&P 500 Value ETF during the fourth quarter worth about $36,000.

SPDR Portfolio S&P 500 Value ETF Stock Up 0.8 %

Shares of SPYV stock opened at $52.71 on Friday. SPDR Portfolio S&P 500 Value ETF has a 52-week low of $39.51 and a 52-week high of $52.92. The stock’s 50-day moving average price is $51.02 and its 200 day moving average price is $49.65. The stock has a market capitalization of $22.84 billion, a PE ratio of 24.09 and a beta of 0.81.

SPDR Portfolio S&P 500 Value ETF Company 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.