SPDR Portfolio S&P 500 Value ETF $SPYV is Convergence Financial LLC’s 2nd Largest Position

Convergence Financial LLC increased its holdings in shares of SPDR Portfolio S&P 500 Value ETF (NYSEARCA:SPYV) by 24.1% during the third quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 687,832 shares of the company’s stock after acquiring an additional 133,654 shares during the quarter. SPDR Portfolio S&P 500 Value ETF makes up about 5.7% of Convergence Financial LLC’s holdings, making the stock its 2nd largest position. Convergence Financial LLC owned about 0.13% of SPDR Portfolio S&P 500 Value ETF worth $38,058,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also bought and sold shares of the company. Farther Finance Advisors LLC raised its stake in SPDR Portfolio S&P 500 Value ETF by 13.8% in the third quarter. Farther Finance Advisors LLC now owns 176,237 shares of the company’s stock valued at $9,751,000 after purchasing an additional 21,383 shares in the last quarter. ERn Financial LLC increased its holdings in shares of SPDR Portfolio S&P 500 Value ETF by 11.2% in the 3rd quarter. ERn Financial LLC now owns 644,527 shares of the company’s stock worth $35,662,000 after buying an additional 64,828 shares during the last quarter. Destiny Capital Corp CO raised its position in shares of SPDR Portfolio S&P 500 Value ETF by 7.4% during the 3rd quarter. Destiny Capital Corp CO now owns 357,542 shares of the company’s stock valued at $19,783,000 after buying an additional 24,508 shares in the last quarter. AE Wealth Management LLC lifted its holdings in shares of SPDR Portfolio S&P 500 Value ETF by 19.5% during the 3rd quarter. AE Wealth Management LLC now owns 3,117,992 shares of the company’s stock worth $172,519,000 after acquiring an additional 509,151 shares during the last quarter. Finally, Capital Advisory Group Advisory Services LLC grew its position in SPDR Portfolio S&P 500 Value ETF by 10.2% in the third quarter. Capital Advisory Group Advisory Services LLC now owns 146,694 shares of the company’s stock worth $8,117,000 after acquiring an additional 13,540 shares in the last quarter.

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

SPYV opened at $59.26 on Friday. The business’s fifty day simple moving average is $58.03 and its 200 day simple moving average is $56.23. SPDR Portfolio S&P 500 Value ETF has a 52 week low of $44.39 and a 52 week high of $59.75. The stock has a market cap of $33.03 billion, a PE ratio of 20.50 and a beta of 0.89.

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.