Reston Wealth Management LLC Has $13.33 Million Stock Position in SPDR Portfolio S&P 500 Value ETF (NYSEARCA:SPYV)

Reston Wealth Management LLC boosted its stake in shares of SPDR Portfolio S&P 500 Value ETF (NYSEARCA:SPYV) by 1.1% during the 3rd quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 252,178 shares of the company’s stock after acquiring an additional 2,735 shares during the quarter. SPDR Portfolio S&P 500 Value ETF comprises about 4.8% of Reston Wealth Management LLC’s investment portfolio, making the stock its 7th biggest position. Reston Wealth Management LLC’s holdings in SPDR Portfolio S&P 500 Value ETF were worth $13,330,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other hedge funds and other institutional investors have also added to or reduced their stakes in the company. Williams Financial LLC increased its position in shares of SPDR Portfolio S&P 500 Value ETF by 6,166.3% during the 2nd quarter. Williams Financial LLC now owns 42,988,918 shares of the company’s stock valued at $2,101,241,000 after purchasing an additional 42,302,888 shares during the last quarter. Dynasty Wealth Management LLC purchased a new position in SPDR Portfolio S&P 500 Value ETF during the first quarter worth $152,867,000. LPL Financial LLC increased its position in SPDR Portfolio S&P 500 Value ETF by 7.6% during the second quarter. LPL Financial LLC now owns 35,973,940 shares of the company’s stock valued at $1,753,370,000 after acquiring an additional 2,535,855 shares during the last quarter. Cetera Investment Advisers raised its stake in shares of SPDR Portfolio S&P 500 Value ETF by 209.0% in the first quarter. Cetera Investment Advisers now owns 2,530,967 shares of the company’s stock valued at $126,801,000 after acquiring an additional 1,711,930 shares during the period. Finally, Flagship Harbor Advisors LLC bought a new stake in shares of SPDR Portfolio S&P 500 Value ETF in the 3rd quarter worth about $84,057,000.

SPDR Portfolio S&P 500 Value ETF Trading Down 0.6 %

SPYV stock opened at $52.19 on Friday. SPDR Portfolio S&P 500 Value ETF has a 12 month low of $40.15 and a 12 month high of $53.93. The stock has a market cap of $22.62 billion, a PE ratio of 24.09 and a beta of 0.81. The company has a 50-day moving average price of $52.54 and a 200 day moving average price of $50.44.

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.