SPDR Portfolio S&P 500 Value ETF (NYSEARCA:SPYV) Stock Position Increased by Cordatus Wealth Management LLC

Cordatus Wealth Management LLC grew its position in shares of SPDR Portfolio S&P 500 Value ETF (NYSEARCA:SPYV) by 896.5% in the third quarter, HoldingsChannel reports. The firm owned 531,029 shares of the company’s stock after buying an additional 477,741 shares during the quarter. SPDR Portfolio S&P 500 Value ETF accounts for approximately 10.1% of Cordatus Wealth Management LLC’s investment portfolio, making the stock its largest holding. Cordatus Wealth Management LLC’s holdings in SPDR Portfolio S&P 500 Value ETF were worth $28,070,000 at the end of the most recent quarter.

Other large investors have also recently made changes to their positions in the company. CENTRAL TRUST Co increased its position in SPDR Portfolio S&P 500 Value ETF by 199.4% in the third quarter. CENTRAL TRUST Co now owns 491 shares of the company’s stock worth $26,000 after purchasing an additional 327 shares during the last quarter. Kayne Anderson Rudnick Investment Management LLC increased its position in SPDR Portfolio S&P 500 Value ETF by 227.0% in the second quarter. Kayne Anderson Rudnick Investment Management LLC now owns 582 shares of the company’s stock worth $28,000 after purchasing an additional 404 shares during the last quarter. Crewe Advisors LLC bought a new stake in SPDR Portfolio S&P 500 Value ETF in the first quarter worth $29,000. Olistico Wealth LLC bought a new position in SPDR Portfolio S&P 500 Value ETF during the second quarter valued at $30,000. Finally, EdgeRock Capital LLC bought a new position in SPDR Portfolio S&P 500 Value ETF during the second quarter valued at $30,000.

SPDR Portfolio S&P 500 Value ETF Stock Performance

SPYV stock traded down $0.13 during mid-day trading on Thursday, reaching $52.39. 585,719 shares of the stock traded hands, compared to its average volume of 2,623,738. SPDR Portfolio S&P 500 Value ETF has a one year low of $40.15 and a one year high of $53.93. The stock has a market capitalization of $22.71 billion, a PE ratio of 24.09 and a beta of 0.81. The business has a 50-day moving average price of $52.52 and a two-hundred day moving average price of $50.42.

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.