Allworth Financial LP Buys 422,591 Shares of SPDR Portfolio S&P 500 Value ETF $SPYV

Allworth Financial LP increased its position in SPDR Portfolio S&P 500 Value ETF (NYSEARCA:SPYV) by 2.6% in the 2nd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 16,630,130 shares of the company’s stock after buying an additional 422,591 shares during the period. SPDR Portfolio S&P 500 Value ETF accounts for approximately 4.2% of Allworth Financial LP’s investment portfolio, making the stock its 6th biggest holding. Allworth Financial LP owned about 3.27% of SPDR Portfolio S&P 500 Value ETF worth $870,421,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also added to or reduced their stakes in the company. Fiduciary Advisors Inc. bought a new position in SPDR Portfolio S&P 500 Value ETF in the second quarter worth approximately $26,000. Tompkins Financial Corp raised its position in shares of SPDR Portfolio S&P 500 Value ETF by 4,681.8% during the second quarter. Tompkins Financial Corp now owns 526 shares of the company’s stock worth $28,000 after purchasing an additional 515 shares during the period. Headlands Technologies LLC acquired a new position in shares of SPDR Portfolio S&P 500 Value ETF during the first quarter worth approximately $29,000. VSM Wealth Advisory LLC bought a new position in shares of SPDR Portfolio S&P 500 Value ETF in the 1st quarter worth $30,000. Finally, Flaharty Asset Management LLC acquired a new stake in SPDR Portfolio S&P 500 Value ETF in the 1st quarter valued at $32,000.

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

Shares of SPYV stock opened at $55.72 on Monday. The firm has a fifty day simple moving average of $55.24 and a two-hundred day simple moving average of $53.14. SPDR Portfolio S&P 500 Value ETF has a 12 month low of $44.39 and a 12 month high of $56.75. The firm has a market capitalization of $30.11 billion, a PE ratio of 20.50 and a beta of 0.89.

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.