Ausdal Financial Partners Inc. Increases Stock Holdings in SPDR Portfolio S&P 500 Value ETF (NYSEARCA:SPYV)

Ausdal Financial Partners Inc. raised its stake in shares of SPDR Portfolio S&P 500 Value ETF (NYSEARCA:SPYV) by 7.3% during the fourth quarter, Holdings Channel reports. The firm owned 141,816 shares of the company’s stock after buying an additional 9,595 shares during the quarter. Ausdal Financial Partners Inc.’s holdings in SPDR Portfolio S&P 500 Value ETF were worth $7,252,000 at the end of the most recent quarter.

Other institutional investors have also added to or reduced their stakes in the company. SOA Wealth Advisors LLC. lifted its holdings in SPDR Portfolio S&P 500 Value ETF by 40.1% in the third quarter. SOA Wealth Advisors LLC. now owns 153,126 shares of the company’s stock worth $8,094,000 after buying an additional 43,857 shares during the period. Natixis Advisors LLC lifted its stake in shares of SPDR Portfolio S&P 500 Value ETF by 14.1% in the 3rd quarter. Natixis Advisors LLC now owns 11,546 shares of the company’s stock valued at $610,000 after purchasing an additional 1,423 shares during the period. Independent Advisor Alliance lifted its stake in shares of SPDR Portfolio S&P 500 Value ETF by 6.3% in the 3rd quarter. Independent Advisor Alliance now owns 25,423 shares of the company’s stock valued at $1,344,000 after purchasing an additional 1,512 shares during the period. Elios Financial Group Inc. bought a new stake in shares of SPDR Portfolio S&P 500 Value ETF during the third quarter valued at approximately $2,418,000. Finally, FMR LLC grew its stake in SPDR Portfolio S&P 500 Value ETF by 0.4% in the third quarter. FMR LLC now owns 1,105,992 shares of the company’s stock worth $58,463,000 after purchasing an additional 4,649 shares during the period.

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

SPYV opened at $51.41 on Wednesday. SPDR Portfolio S&P 500 Value ETF has a 12-month low of $47.22 and a 12-month high of $55.42. The company has a market cap of $25.17 billion, a price-to-earnings ratio of 21.43 and a beta of 0.93. The stock has a fifty day simple moving average of $52.08 and a two-hundred day simple moving average of $52.56.

SPDR Portfolio S&P 500 Value ETF Dividend Announcement

The firm also recently declared a dividend, which will be paid on Wednesday, March 26th. Investors of record on Monday, March 24th will be given a dividend of $0.1798 per share. The ex-dividend date is Monday, March 24th.

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.