Mainstream Capital Management LLC Makes New $334,000 Investment in SPDR Portfolio S&P 500 Value ETF (NYSEARCA:SPYV)

Mainstream Capital Management LLC bought a new position in SPDR Portfolio S&P 500 Value ETF (NYSEARCA:SPYV) in the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm bought 6,328 shares of the company’s stock, valued at approximately $334,000.

Several other hedge funds and other institutional investors also recently made changes to their positions in SPYV. CENTRAL TRUST Co boosted its holdings in shares of SPDR Portfolio S&P 500 Value ETF by 199.4% during the third quarter. CENTRAL TRUST Co now owns 491 shares of the company’s stock worth $26,000 after purchasing an additional 327 shares during the period. Kayne Anderson Rudnick Investment Management LLC boosted its holdings in shares of 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 during the period. Crewe Advisors LLC acquired a new stake in shares of SPDR Portfolio S&P 500 Value ETF during the first quarter worth approximately $29,000. Olistico Wealth LLC acquired a new stake in shares of SPDR Portfolio S&P 500 Value ETF during the second quarter worth approximately $30,000. Finally, EdgeRock Capital LLC acquired a new stake in shares of SPDR Portfolio S&P 500 Value ETF during the second quarter worth approximately $30,000.

SPDR Portfolio S&P 500 Value ETF Stock Down 0.3 %

NYSEARCA SPYV opened at $53.80 on Friday. The stock has a market capitalization of $23.32 billion, a PE ratio of 24.09 and a beta of 0.81. The company has a 50 day moving average price of $52.64 and a two-hundred day moving average price of $50.62. SPDR Portfolio S&P 500 Value ETF has a 12-month low of $41.80 and a 12-month high of $54.05.

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.