Balefire LLC Buys 11,280 Shares of SPDR Portfolio S&P 500 Value ETF $SPYV

Balefire LLC boosted its position in shares of SPDR Portfolio S&P 500 Value ETF (NYSEARCA:SPYV) by 109.5% in the third quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 21,577 shares of the company’s stock after acquiring an additional 11,280 shares during the period. Balefire LLC’s holdings in SPDR Portfolio S&P 500 Value ETF were worth $1,194,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. Connecticut Wealth Management LLC acquired a new position in SPDR Portfolio S&P 500 Value ETF during the 1st quarter valued at $139,839,000. Laurel Wealth Advisors LLC boosted its position in shares of SPDR Portfolio S&P 500 Value ETF by 5,144.5% during the 2nd quarter. Laurel Wealth Advisors LLC now owns 1,807,047 shares of the company’s stock valued at $94,581,000 after acquiring an additional 1,772,591 shares in the last quarter. Strategic Financial Concepts LLC grew its stake in shares of SPDR Portfolio S&P 500 Value ETF by 3,960.9% in the 2nd quarter. Strategic Financial Concepts LLC now owns 989,774 shares of the company’s stock valued at $51,805,000 after purchasing an additional 965,401 shares during the period. Ameriprise Financial Inc. lifted its holdings in shares of SPDR Portfolio S&P 500 Value ETF by 11.8% during the first quarter. Ameriprise Financial Inc. now owns 8,980,322 shares of the company’s stock valued at $458,755,000 after acquiring an additional 949,699 shares during the period. Finally, Corient Private Wealth LLC boosted its position in SPDR Portfolio S&P 500 Value ETF by 103.6% in the second quarter. Corient Private Wealth LLC now owns 1,838,839 shares of the company’s stock valued at $96,245,000 after buying an additional 935,644 shares in the last quarter.

SPDR Portfolio S&P 500 Value ETF Stock Performance

Shares of SPYV opened at $56.73 on Thursday. The stock has a fifty day moving average price of $56.08 and a two-hundred day moving average price of $54.35. The company has a market cap of $30.66 billion, a price-to-earnings ratio of 20.50 and a beta of 0.89. SPDR Portfolio S&P 500 Value ETF has a 52-week low of $44.39 and a 52-week high of $57.59.

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.