EverSource Wealth Advisors LLC Acquires Shares of 11,147 SPDR Portfolio S&P 500 Value ETF (NYSEARCA:SPYV)

EverSource Wealth Advisors LLC acquired a new position in shares of SPDR Portfolio S&P 500 Value ETF (NYSEARCA:SPYV) in the second quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor acquired 11,147 shares of the company’s stock, valued at approximately $569,000.

Several other hedge funds also recently made changes to their positions in SPYV. Kayne Anderson Rudnick Investment Management LLC raised its holdings in 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 in the last quarter. Crewe Advisors LLC purchased a new position in shares of SPDR Portfolio S&P 500 Value ETF during the 1st quarter worth approximately $29,000. Olistico Wealth LLC purchased a new position in shares of SPDR Portfolio S&P 500 Value ETF during the 2nd quarter worth approximately $30,000. EdgeRock Capital LLC acquired a new stake in shares of SPDR Portfolio S&P 500 Value ETF in the 2nd quarter valued at approximately $30,000. Finally, Salem Investment Counselors Inc. purchased a new stake in shares of SPDR Portfolio S&P 500 Value ETF in the first quarter valued at approximately $35,000.

SPDR Portfolio S&P 500 Value ETF Price Performance

Shares of SPYV stock opened at $52.56 on Tuesday. SPDR Portfolio S&P 500 Value ETF has a 1-year low of $39.51 and a 1-year high of $52.92. The business’s fifty day moving average price is $51.13 and its 200 day moving average price is $49.72. The firm has a market capitalization of $22.78 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.