M&T Bank Corp Purchases New Stake in SPDR Portfolio S&P 500 Value ETF (NYSEARCA:SPYV)

M&T Bank Corp purchased a new stake in shares of SPDR Portfolio S&P 500 Value ETF (NYSEARCA:SPYVGet Rating) in the second quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor purchased 458,368 shares of the company’s stock, valued at approximately $234,000. M&T Bank Corp owned about 0.14% of SPDR Portfolio S&P 500 Value ETF as of its most recent SEC filing.

A number of other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. MCF Advisors LLC purchased a new stake in shares of SPDR Portfolio S&P 500 Value ETF in the 1st quarter worth about $25,000. Wolff Wiese Magana LLC grew its position in SPDR Portfolio S&P 500 Value ETF by 974.6% during the 2nd quarter. Wolff Wiese Magana LLC now owns 720 shares of the company’s stock valued at $27,000 after purchasing an additional 653 shares during the last quarter. First Horizon Advisors Inc. purchased a new stake in SPDR Portfolio S&P 500 Value ETF during the 2nd quarter valued at about $30,000. Capital Analysts LLC grew its position in SPDR Portfolio S&P 500 Value ETF by 775.0% during the 1st quarter. Capital Analysts LLC now owns 770 shares of the company’s stock valued at $32,000 after purchasing an additional 682 shares during the last quarter. Finally, Carolinas Wealth Consulting LLC purchased a new stake in SPDR Portfolio S&P 500 Value ETF during the 1st quarter valued at about $36,000.

SPDR Portfolio S&P 500 Value ETF Price Performance

Shares of SPYV stock opened at $39.39 on Thursday. SPDR Portfolio S&P 500 Value ETF has a one year low of $34.17 and a one year high of $42.99. The company’s 50-day moving average is $37.03 and its 200 day moving average is $37.99.

SPDR Portfolio S&P 500 Value ETF Profile

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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.

Further Reading

Institutional Ownership by Quarter for SPDR Portfolio S&P 500 Value ETF (NYSEARCA:SPYV)

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