Lynch & Associates IN Grows Stock Position in SPDR Portfolio S&P 500 Value ETF (NYSEARCA:SPYV)

Lynch & Associates IN boosted its stake in shares of SPDR Portfolio S&P 500 Value ETF (NYSEARCA:SPYV) by 3.7% during the 2nd quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 139,809 shares of the company’s stock after purchasing an additional 5,030 shares during the quarter. SPDR Portfolio S&P 500 Value ETF makes up 1.5% of Lynch & Associates IN’s investment portfolio, making the stock its 21st biggest holding. Lynch & Associates IN’s holdings in SPDR Portfolio S&P 500 Value ETF were worth $6,814,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other hedge funds also recently bought and sold shares of the stock. Financial Gravity Asset Management Inc. increased its position in shares of SPDR Portfolio S&P 500 Value ETF by 6.4% in the 2nd quarter. Financial Gravity Asset Management Inc. now owns 163,608 shares of the company’s stock valued at $7,972,000 after purchasing an additional 9,784 shares during the last quarter. Chris Bulman Inc acquired a new position in shares of SPDR Portfolio S&P 500 Value ETF during the second quarter worth $551,000. Strategic Financial Concepts LLC grew its stake in shares of SPDR Portfolio S&P 500 Value ETF by 2,863.3% during the second quarter. Strategic Financial Concepts LLC now owns 867,189 shares of the company’s stock worth $423,000 after purchasing an additional 837,925 shares in the last quarter. Norden Group LLC increased its holdings in SPDR Portfolio S&P 500 Value ETF by 1.6% in the second quarter. Norden Group LLC now owns 31,122 shares of the company’s stock valued at $1,517,000 after buying an additional 478 shares during the last quarter. Finally, Stonebrook Private Inc. raised its stake in SPDR Portfolio S&P 500 Value ETF by 211.8% in the second quarter. Stonebrook Private Inc. now owns 113,360 shares of the company’s stock valued at $5,525,000 after buying an additional 77,009 shares in the last quarter.

SPDR Portfolio S&P 500 Value ETF Price Performance

Shares of NYSEARCA SPYV opened at $51.22 on Friday. SPDR Portfolio S&P 500 Value ETF has a 1 year low of $39.51 and a 1 year high of $52.61. The company has a market capitalization of $22.20 billion, a price-to-earnings ratio of 24.09 and a beta of 0.81. The business has a 50-day moving average of $50.43 and a two-hundred day moving average of $49.41.

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.