1ST Source Bank Purchases 1,644 Shares of SPDR Portfolio S&P 500 Value ETF $SPYV

1ST Source Bank boosted its holdings in SPDR Portfolio S&P 500 Value ETF (NYSEARCA:SPYV) by 3.6% in the second quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 47,608 shares of the company’s stock after buying an additional 1,644 shares during the quarter. 1ST Source Bank’s holdings in SPDR Portfolio S&P 500 Value ETF were worth $2,492,000 at the end of the most recent reporting period.

Other hedge funds have also added to or reduced their stakes in the company. Connecticut Wealth Management LLC bought a new position in shares of SPDR Portfolio S&P 500 Value ETF during the first quarter valued at $139,839,000. JPMorgan Chase & Co. increased its holdings in SPDR Portfolio S&P 500 Value ETF by 25.0% in the first quarter. JPMorgan Chase & Co. now owns 6,800,995 shares of the company’s stock valued at $347,327,000 after purchasing an additional 1,360,243 shares during the period. Dynasty Wealth Management LLC raised its position in SPDR Portfolio S&P 500 Value ETF by 32.7% during the 1st quarter. Dynasty Wealth Management LLC now owns 4,394,135 shares of the company’s stock worth $224,408,000 after purchasing an additional 1,083,736 shares during the last quarter. Strategic Financial Concepts LLC raised its position in SPDR Portfolio S&P 500 Value ETF by 3,960.9% during the 2nd quarter. Strategic Financial Concepts LLC now owns 989,774 shares of the company’s stock worth $51,805,000 after purchasing an additional 965,401 shares during the last quarter. Finally, Ameriprise Financial Inc. lifted its holdings in SPDR Portfolio S&P 500 Value ETF by 11.8% during the 1st quarter. Ameriprise Financial Inc. now owns 8,980,322 shares of the company’s stock worth $458,755,000 after buying an additional 949,699 shares during the period.

SPDR Portfolio S&P 500 Value ETF Trading Up 0.5%

NYSEARCA SPYV opened at $55.72 on Friday. The firm has a market capitalization of $30.11 billion, a PE ratio of 20.50 and a beta of 0.89. The business’s 50-day moving average price is $55.24 and its two-hundred day moving average price is $53.10. SPDR Portfolio S&P 500 Value ETF has a 12 month low of $44.39 and a 12 month high of $56.75.

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.