Townsquare Capital LLC Increases Position in SPDR Portfolio S&P 500 Value ETF (NYSEARCA:SPYV)

Townsquare Capital LLC grew its position in SPDR Portfolio S&P 500 Value ETF (NYSEARCA:SPYV) by 7.2% in the 3rd quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The firm owned 3,791,777 shares of the company’s stock after buying an additional 255,672 shares during the quarter. SPDR Portfolio S&P 500 Value ETF accounts for 2.4% of Townsquare Capital LLC’s holdings, making the stock its 3rd largest holding. Townsquare Capital LLC owned about 0.87% of SPDR Portfolio S&P 500 Value ETF worth $200,433,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also recently made changes to their positions in SPYV. Shum Financial Group Inc. bought a new position in shares of SPDR Portfolio S&P 500 Value ETF in the 3rd quarter worth $2,731,000. Avestar Capital LLC bought a new stake in shares of SPDR Portfolio S&P 500 Value ETF in the 3rd quarter valued at about $201,000. FMR LLC grew its position in shares of SPDR Portfolio S&P 500 Value ETF by 0.4% in the 3rd quarter. FMR LLC now owns 1,105,992 shares of the company’s stock worth $58,463,000 after buying an additional 4,649 shares during the last quarter. Elios Financial Group Inc. purchased a new position in shares of SPDR Portfolio S&P 500 Value ETF in the 3rd quarter worth approximately $2,418,000. Finally, Independent Advisor Alliance raised its stake in shares of SPDR Portfolio S&P 500 Value ETF by 6.3% during the 3rd quarter. Independent Advisor Alliance now owns 25,423 shares of the company’s stock worth $1,344,000 after acquiring an additional 1,512 shares in the last quarter.

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

NYSEARCA SPYV opened at $55.06 on Wednesday. The firm’s fifty day simple moving average is $53.19 and its two-hundred day simple moving average is $51.17. The firm has a market capitalization of $23.86 billion, a P/E ratio of 24.09 and a beta of 0.81. SPDR Portfolio S&P 500 Value ETF has a 12-month low of $43.93 and a 12-month high of $55.22.

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.