Diversify Advisory Services LLC Invests $18.42 Million in SPDR Portfolio S&P 500 Value ETF (NYSEARCA:SPYV)

Diversify Advisory Services LLC acquired a new stake in SPDR Portfolio S&P 500 Value ETF (NYSEARCA:SPYV) during the 1st quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm acquired 369,909 shares of the company’s stock, valued at approximately $18,418,000. SPDR Portfolio S&P 500 Value ETF makes up about 1.1% of Diversify Advisory Services LLC’s portfolio, making the stock its 19th largest holding. Diversify Advisory Services LLC owned approximately 0.09% of SPDR Portfolio S&P 500 Value ETF at the end of the most recent reporting period.

Several other hedge funds have also modified their holdings of the stock. Private Advisor Group LLC increased its position in shares of SPDR Portfolio S&P 500 Value ETF by 4.9% during the first quarter. Private Advisor Group LLC now owns 2,329,066 shares of the company’s stock worth $116,686,000 after purchasing an additional 108,406 shares in the last quarter. Norden Group LLC purchased a new position in shares of SPDR Portfolio S&P 500 Value ETF during the first quarter worth about $1,535,000. Fortis Group Advisors LLC grew its holdings in shares of SPDR Portfolio S&P 500 Value ETF by 6.5% during the first quarter. Fortis Group Advisors LLC now owns 11,207 shares of the company’s stock worth $561,000 after buying an additional 688 shares during the last quarter. SpiderRock Advisors LLC purchased a new position in shares of SPDR Portfolio S&P 500 Value ETF during the first quarter worth about $486,000. Finally, Concord Wealth Partners grew its holdings in shares of SPDR Portfolio S&P 500 Value ETF by 14.3% during the first quarter. Concord Wealth Partners now owns 5,658 shares of the company’s stock worth $283,000 after buying an additional 707 shares during the last quarter.

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

Shares of NYSEARCA SPYV traded up $0.01 during midday trading on Friday, reaching $48.65. 1,609,967 shares of the company were exchanged, compared to its average volume of 2,425,492. SPDR Portfolio S&P 500 Value ETF has a 1 year low of $39.51 and a 1 year high of $50.20. The stock has a fifty day simple moving average of $49.00 and a 200 day simple moving average of $48.17. The stock has a market cap of $21.08 billion, a P/E ratio of 24.09 and a beta of 0.81.

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.