Diversified Portfolios Inc. Grows Position in SPDR Portfolio S&P 500 Value ETF (NYSEARCA:SPYV)

Diversified Portfolios Inc. boosted its holdings in shares of SPDR Portfolio S&P 500 Value ETF (NYSEARCA:SPYV) by 16.2% during the 4th quarter, Holdings Channel reports. The fund owned 25,862 shares of the company’s stock after buying an additional 3,602 shares during the period. Diversified Portfolios Inc.’s holdings in SPDR Portfolio S&P 500 Value ETF were worth $1,323,000 as of its most recent SEC filing.

Other institutional investors have also added to or reduced their stakes in the company. SOA Wealth Advisors LLC. raised its stake in SPDR Portfolio S&P 500 Value ETF by 40.1% in the third quarter. SOA Wealth Advisors LLC. now owns 153,126 shares of the company’s stock worth $8,094,000 after buying an additional 43,857 shares in the last quarter. Carnegie Investment Counsel increased its holdings in shares of SPDR Portfolio S&P 500 Value ETF by 9.1% in the 3rd quarter. Carnegie Investment Counsel now owns 10,806 shares of the company’s stock valued at $571,000 after acquiring an additional 902 shares during the period. Concourse Financial Group Securities Inc. raised its position in shares of SPDR Portfolio S&P 500 Value ETF by 7.7% in the 3rd quarter. Concourse Financial Group Securities Inc. now owns 15,597 shares of the company’s stock worth $824,000 after acquiring an additional 1,111 shares in the last quarter. Thurston Springer Miller Herd & Titak Inc. purchased a new stake in shares of SPDR Portfolio S&P 500 Value ETF during the 3rd quarter worth $51,000. Finally, ORG Wealth Partners LLC bought a new stake in SPDR Portfolio S&P 500 Value ETF during the third quarter valued at about $33,000.

SPDR Portfolio S&P 500 Value ETF Price Performance

SPYV opened at $52.57 on Wednesday. The firm has a market capitalization of $22.78 billion, a PE ratio of 24.09 and a beta of 0.81. The business’s 50-day moving average is $52.24 and its two-hundred day moving average is $52.36. SPDR Portfolio S&P 500 Value ETF has a 1 year low of $46.42 and a 1 year high of $55.42.

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.