SPDR Portfolio S&P 500 Value ETF $SPYV is Freestate Advisors LLC’s Largest Position

Freestate Advisors LLC raised its stake in shares of SPDR Portfolio S&P 500 Value ETF (NYSEARCA:SPYV) by 4.8% in the third quarter, according to its most recent 13F filing with the SEC. The fund owned 342,740 shares of the company’s stock after buying an additional 15,717 shares during the period. SPDR Portfolio S&P 500 Value ETF comprises about 15.9% of Freestate Advisors LLC’s portfolio, making the stock its largest holding. Freestate Advisors LLC owned 0.06% of SPDR Portfolio S&P 500 Value ETF worth $18,964,000 as of its most recent filing with the SEC.

A number of other hedge funds have also recently modified their holdings of the stock. Fiduciary Advisors Inc. acquired a new stake in SPDR Portfolio S&P 500 Value ETF during the second quarter worth about $26,000. Tompkins Financial Corp boosted its position in SPDR Portfolio S&P 500 Value ETF by 4,681.8% in the 2nd quarter. Tompkins Financial Corp now owns 526 shares of the company’s stock worth $28,000 after purchasing an additional 515 shares in the last quarter. Flaharty Asset Management LLC acquired a new stake in shares of SPDR Portfolio S&P 500 Value ETF during the 1st quarter worth approximately $32,000. Parallel Advisors LLC increased its holdings in shares of SPDR Portfolio S&P 500 Value ETF by 63,900.0% during the 2nd quarter. Parallel Advisors LLC now owns 640 shares of the company’s stock valued at $33,000 after purchasing an additional 639 shares in the last quarter. Finally, Legacy Investment Solutions LLC purchased a new position in shares of SPDR Portfolio S&P 500 Value ETF during the 2nd quarter valued at approximately $36,000.

SPDR Portfolio S&P 500 Value ETF Stock Performance

Shares of NYSEARCA SPYV opened at $56.83 on Wednesday. The company’s fifty day moving average price is $56.06 and its 200 day moving average price is $54.34. SPDR Portfolio S&P 500 Value ETF has a 1 year low of $44.39 and a 1 year high of $57.59. The company has a market capitalization of $30.71 billion, a PE ratio of 20.50 and a beta of 0.89.

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.