Concorde Asset Management LLC Acquires Shares of 6,813 SPDR Portfolio S&P 500 Value ETF (NYSEARCA:SPYV)

Concorde Asset Management LLC acquired a new stake in shares of SPDR Portfolio S&P 500 Value ETF (NYSEARCA:SPYV) in the third quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm acquired 6,813 shares of the company’s stock, valued at approximately $360,000.

A number of other hedge funds and other institutional investors also recently made changes to their positions in the stock. Narus Financial Partners LLC lifted its holdings in shares of SPDR Portfolio S&P 500 Value ETF by 2.8% during the second quarter. Narus Financial Partners LLC now owns 7,246 shares of the company’s stock valued at $353,000 after acquiring an additional 197 shares during the period. Venturi Wealth Management LLC increased its stake in shares of SPDR Portfolio S&P 500 Value ETF by 18.0% in the third quarter. Venturi Wealth Management LLC now owns 1,324 shares of the company’s stock valued at $70,000 after buying an additional 202 shares in the last quarter. MAI Capital Management increased its stake in shares of SPDR Portfolio S&P 500 Value ETF by 1.5% in the third quarter. MAI Capital Management now owns 16,614 shares of the company’s stock valued at $878,000 after buying an additional 243 shares in the last quarter. Mcdonald Partners LLC increased its stake in shares of SPDR Portfolio S&P 500 Value ETF by 2.1% in the second quarter. Mcdonald Partners LLC now owns 12,452 shares of the company’s stock valued at $607,000 after buying an additional 256 shares in the last quarter. Finally, Cahaba Wealth Management Inc. increased its stake in shares of SPDR Portfolio S&P 500 Value ETF by 3.6% in the second quarter. Cahaba Wealth Management Inc. now owns 7,622 shares of the company’s stock valued at $371,000 after buying an additional 263 shares in the last quarter.

SPDR Portfolio S&P 500 Value ETF Stock Performance

Shares of NYSEARCA:SPYV opened at $54.26 on Friday. SPDR Portfolio S&P 500 Value ETF has a twelve month low of $43.91 and a twelve month high of $54.61. The firm has a market cap of $23.52 billion, a PE ratio of 24.09 and a beta of 0.81. The business has a fifty day moving average of $52.98 and a 200-day moving average of $50.99.

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.