City Center Advisors LLC Buys 18,524 Shares of SPDR Portfolio S&P 500 Value ETF (NYSEARCA:SPYV)

City Center Advisors LLC raised its stake in SPDR Portfolio S&P 500 Value ETF (NYSEARCA:SPYV) by 28.0% during the third quarter, according to its most recent filing with the Securities and Exchange Commission. The fund owned 84,677 shares of the company’s stock after buying an additional 18,524 shares during the period. SPDR Portfolio S&P 500 Value ETF comprises about 5.0% of City Center Advisors LLC’s portfolio, making the stock its 2nd biggest position. City Center Advisors LLC’s holdings in SPDR Portfolio S&P 500 Value ETF were worth $4,476,000 as of its most recent filing with the Securities and Exchange Commission.

Other institutional investors and hedge funds also recently made changes to their positions in the company. Kayne Anderson Rudnick Investment Management LLC boosted its holdings in SPDR Portfolio S&P 500 Value ETF by 227.0% in the second 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 during the last quarter. Crewe Advisors LLC acquired a new stake in shares of SPDR Portfolio S&P 500 Value ETF during the first quarter worth $29,000. Olistico Wealth LLC bought a new position in SPDR Portfolio S&P 500 Value ETF during the second quarter worth $30,000. EdgeRock Capital LLC acquired a new position in SPDR Portfolio S&P 500 Value ETF in the second quarter valued at $30,000. Finally, Salem Investment Counselors Inc. acquired a new position in SPDR Portfolio S&P 500 Value ETF in the first quarter valued at $35,000.

SPDR Portfolio S&P 500 Value ETF Trading Down 0.8 %

Shares of SPDR Portfolio S&P 500 Value ETF stock opened at $52.34 on Tuesday. The business has a 50-day moving average price of $51.55 and a two-hundred day moving average price of $49.97. 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 cap of $22.68 billion, a P/E ratio of 24.09 and a beta of 0.81.

About SPDR Portfolio S&P 500 Value ETF

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.