Smartleaf Asset Management LLC Purchases 20,422 Shares of SPDR Portfolio S&P 500 Value ETF $SPYV

Smartleaf Asset Management LLC increased its position in SPDR Portfolio S&P 500 Value ETF (NYSEARCA:SPYV) by 112.9% in the 3rd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 38,505 shares of the company’s stock after purchasing an additional 20,422 shares during the quarter. Smartleaf Asset Management LLC’s holdings in SPDR Portfolio S&P 500 Value ETF were worth $2,124,000 at the end of the most recent quarter.

Other institutional investors have also recently bought and sold shares of the company. Vantagepoint Investment Advisers LLC acquired a new stake in shares of SPDR Portfolio S&P 500 Value ETF during the 3rd quarter valued at about $246,963,000. Laurel Wealth Advisors LLC boosted its holdings in SPDR Portfolio S&P 500 Value ETF by 5,144.5% during the second quarter. Laurel Wealth Advisors LLC now owns 1,807,047 shares of the company’s stock valued at $94,581,000 after purchasing 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. Corient Private Wealth LLC grew its stake in shares of SPDR Portfolio S&P 500 Value ETF by 103.6% in the 2nd quarter. Corient Private Wealth LLC now owns 1,838,839 shares of the company’s stock valued at $96,245,000 after purchasing an additional 935,644 shares during the period. Finally, TIAA Trust National Association raised its holdings in shares of SPDR Portfolio S&P 500 Value ETF by 30.6% in the 2nd quarter. TIAA Trust National Association now owns 3,823,232 shares of the company’s stock worth $200,108,000 after buying an additional 895,188 shares in the last quarter.

SPDR Portfolio S&P 500 Value ETF Price Performance

Shares of SPYV stock opened at $59.45 on Monday. The stock’s fifty day simple moving average is $57.59 and its 200 day simple moving average is $55.85. The firm has a market cap of $33.13 billion, a price-to-earnings ratio of 20.50 and a beta of 0.89. SPDR Portfolio S&P 500 Value ETF has a one year low of $44.39 and a one year high of $59.53.

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. 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.