Founders Financial Securities LLC Has $72.21 Million Position in SPDR Portfolio S&P 500 Value ETF $SPYV

Founders Financial Securities LLC raised its position in shares of SPDR Portfolio S&P 500 Value ETF (NYSEARCA:SPYV) by 32.4% in the 3rd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 1,305,042 shares of the company’s stock after buying an additional 319,103 shares during the quarter. SPDR Portfolio S&P 500 Value ETF comprises approximately 4.9% of Founders Financial Securities LLC’s portfolio, making the stock its 2nd biggest position. Founders Financial Securities LLC owned 0.24% of SPDR Portfolio S&P 500 Value ETF worth $72,208,000 at the end of the most recent quarter.

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

SPDR Portfolio S&P 500 Value ETF Stock Up 0.0%

Shares of SPYV opened at $57.11 on Wednesday. The stock has a market cap of $30.86 billion, a P/E ratio of 20.50 and a beta of 0.89. The business’s 50 day moving average price is $56.25 and its 200-day moving average price is $54.55. SPDR Portfolio S&P 500 Value ETF has a 52 week low of $44.39 and a 52 week high of $57.59.

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. The selection universe for the S&P 500 Index includes all United States common equities listed on the New York Stock Exchange, National Association of Securities Dealers Automated Quotation (NASDAQ) Global Select Market, NASDAQ Select Market and NASDAQ Capital Market with market capitalizations of $3.5 billion or more.