SPDR Portfolio S&P 500 Value ETF (NYSEARCA:SPYV) Stock Position Increased by Truist Financial Corp

Truist Financial Corp boosted its holdings in shares of SPDR Portfolio S&P 500 Value ETF (NYSEARCA:SPYV) by 1.3% in the 2nd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 305,488 shares of the company’s stock after purchasing an additional 3,833 shares during the period. Truist Financial Corp owned approximately 0.07% of SPDR Portfolio S&P 500 Value ETF worth $14,889,000 at the end of the most recent quarter.

A number of other large investors have also recently added to or reduced their stakes in SPYV. Williams Financial LLC raised its position in shares of SPDR Portfolio S&P 500 Value ETF by 6,166.3% during the second quarter. Williams Financial LLC now owns 42,988,918 shares of the company’s stock worth $2,101,241,000 after purchasing an additional 42,302,888 shares during the period. LPL Financial LLC raised its holdings in SPDR Portfolio S&P 500 Value ETF by 7.6% during the 2nd 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 period. CWM LLC raised its holdings in SPDR Portfolio S&P 500 Value ETF by 13.3% during the 1st quarter. CWM LLC now owns 4,920,831 shares of the company’s stock worth $246,534,000 after buying an additional 576,063 shares during the period. Envestnet Asset Management Inc. lifted its stake in SPDR Portfolio S&P 500 Value ETF by 4.4% during the second quarter. Envestnet Asset Management Inc. now owns 4,378,992 shares of the company’s stock valued at $213,432,000 after buying an additional 183,903 shares in the last quarter. Finally, Raymond James Financial Services Advisors Inc. boosted its holdings in shares of SPDR Portfolio S&P 500 Value ETF by 0.7% in the second quarter. Raymond James Financial Services Advisors Inc. now owns 4,204,755 shares of the company’s stock worth $204,940,000 after buying an additional 28,773 shares during the period.

SPDR Portfolio S&P 500 Value ETF Price Performance

SPDR Portfolio S&P 500 Value ETF stock opened at $52.74 on Friday. SPDR Portfolio S&P 500 Value ETF has a fifty-two week low of $39.51 and a fifty-two week high of $52.98. The firm’s 50 day simple moving average is $51.52 and its 200-day simple moving average is $49.94. The company has a market cap of $22.86 billion, a P/E 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.