LGT Financial Advisors LLC Acquires 974 Shares of SPDR Portfolio S&P 500 Value ETF (NYSEARCA:SPYV)

LGT Financial Advisors LLC lifted its holdings in shares of SPDR Portfolio S&P 500 Value ETF (NYSEARCA:SPYV) by 22.0% during the third quarter, HoldingsChannel reports. The firm owned 5,401 shares of the company’s stock after purchasing an additional 974 shares during the quarter. LGT Financial Advisors LLC’s holdings in SPDR Portfolio S&P 500 Value ETF were worth $285,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other hedge funds and other institutional investors also recently made changes to their positions in the company. CENTRAL TRUST Co lifted its stake in SPDR Portfolio S&P 500 Value ETF by 199.4% in the third quarter. CENTRAL TRUST Co now owns 491 shares of the company’s stock valued at $26,000 after purchasing an additional 327 shares during the last quarter. Kayne Anderson Rudnick Investment Management LLC raised its stake in shares of 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 buying an additional 404 shares during the period. Crewe Advisors LLC purchased a new position in shares of SPDR Portfolio S&P 500 Value ETF during the 1st quarter valued at $29,000. Olistico Wealth LLC purchased a new position in shares of SPDR Portfolio S&P 500 Value ETF during the 2nd quarter valued at $30,000. Finally, EdgeRock Capital LLC bought a new position in shares of SPDR Portfolio S&P 500 Value ETF during the 2nd quarter worth $30,000.

SPDR Portfolio S&P 500 Value ETF Stock Performance

Shares of SPDR Portfolio S&P 500 Value ETF stock opened at $53.95 on Thursday. The stock has a market capitalization of $23.38 billion, a P/E ratio of 24.09 and a beta of 0.81. SPDR Portfolio S&P 500 Value ETF has a 52-week low of $41.80 and a 52-week high of $54.05. The stock’s 50-day simple moving average is $52.60 and its 200 day simple moving average is $50.60.

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.