22,594 Shares in SPDR Portfolio S&P 500 Value ETF (NYSEARCA:SPYV) Bought by Rik Saylor Financial Inc.

Rik Saylor Financial Inc. bought a new stake in SPDR Portfolio S&P 500 Value ETF (NYSEARCA:SPYV) during the fourth quarter, Holdings Channel.com reports. The firm bought 22,594 shares of the company’s stock, valued at approximately $1,155,000.

Other hedge funds and other institutional investors also recently modified their holdings of the company. JPMorgan Chase & Co. boosted its stake in SPDR Portfolio S&P 500 Value ETF by 5.4% during the 3rd quarter. JPMorgan Chase & Co. now owns 5,569,723 shares of the company’s stock valued at $294,416,000 after purchasing an additional 286,795 shares during the period. Private Advisor Group LLC boosted its position in shares of SPDR Portfolio S&P 500 Value ETF by 4.6% during the third quarter. Private Advisor Group LLC now owns 2,761,731 shares of the company’s stock worth $145,985,000 after buying an additional 121,974 shares during the period. ORG Wealth Partners LLC bought a new position in SPDR Portfolio S&P 500 Value ETF in the 3rd quarter worth approximately $33,000. Diversify Advisory Services LLC increased its position in SPDR Portfolio S&P 500 Value ETF by 12.9% in the 3rd quarter. Diversify Advisory Services LLC now owns 219,542 shares of the company’s stock valued at $11,693,000 after acquiring an additional 25,003 shares during the period. Finally, Concourse Financial Group Securities Inc. raised its stake in SPDR Portfolio S&P 500 Value ETF by 7.7% during the 3rd quarter. Concourse Financial Group Securities Inc. now owns 15,597 shares of the company’s stock valued at $824,000 after acquiring an additional 1,111 shares in the last quarter.

SPDR Portfolio S&P 500 Value ETF Stock Performance

Shares of SPYV opened at $52.64 on Thursday. SPDR Portfolio S&P 500 Value ETF has a one year low of $46.42 and a one year high of $55.42. The stock’s fifty day moving average is $52.45 and its 200-day moving average is $52.29. The firm has a market capitalization of $22.81 billion, a price-to-earnings ratio of 24.09 and a beta of 0.81.

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.