Symphony Financial Ltd. Co. Buys 16,551 Shares of SPDR Portfolio S&P 500 Value ETF (NYSEARCA:SPYV)

Symphony Financial Ltd. Co. raised its stake in SPDR Portfolio S&P 500 Value ETF (NYSEARCA:SPYV) by 9.7% during the 2nd quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 187,029 shares of the company’s stock after purchasing an additional 16,551 shares during the period. SPDR Portfolio S&P 500 Value ETF accounts for approximately 2.0% of Symphony Financial Ltd. Co.’s investment portfolio, making the stock its 12th largest holding. Symphony Financial Ltd. Co. owned about 0.05% of SPDR Portfolio S&P 500 Value ETF worth $8,001,000 at the end of the most recent reporting period.

Several other hedge funds have also modified their holdings of SPYV. Deutsche Bank AG acquired a new stake in shares of SPDR Portfolio S&P 500 Value ETF in the 4th quarter worth $25,000. Capital Investment Advisory Services LLC grew its stake in shares of SPDR Portfolio S&P 500 Value ETF by 127.6% during the first quarter. Capital Investment Advisory Services LLC now owns 644 shares of the company’s stock worth $26,000 after acquiring an additional 361 shares during the last quarter. First Horizon Advisors Inc. grew its stake in shares of SPDR Portfolio S&P 500 Value ETF by 212.8% during the fourth quarter. First Horizon Advisors Inc. now owns 710 shares of the company’s stock worth $28,000 after acquiring an additional 483 shares during the last quarter. Parallel Advisors LLC raised its position in shares of SPDR Portfolio S&P 500 Value ETF by 82,300.0% in the 1st quarter. Parallel Advisors LLC now owns 824 shares of the company’s stock valued at $34,000 after purchasing an additional 823 shares during the last quarter. Finally, Carolinas Wealth Consulting LLC acquired a new stake in SPDR Portfolio S&P 500 Value ETF in the 1st quarter worth approximately $36,000.

SPDR Portfolio S&P 500 Value ETF Price Performance

NYSEARCA:SPYV traded down $0.29 during trading hours on Tuesday, hitting $42.69. 588,633 shares of the company were exchanged, compared to its average volume of 2,364,829. SPDR Portfolio S&P 500 Value ETF has a 52-week low of $34.17 and a 52-week high of $44.91. The stock has a market capitalization of $16.07 billion, a price-to-earnings ratio of 13.69 and a beta of 0.94. The company’s 50 day moving average price is $43.62 and its 200-day moving average price is $41.95.

SPDR Portfolio S&P 500 Value ETF 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.