Commonwealth Equity Services LLC Acquires 41,753 Shares of SPDR Portfolio S&P 500 Value ETF (NYSEARCA:SPYV)

Commonwealth Equity Services LLC increased its holdings in shares of SPDR Portfolio S&P 500 Value ETF (NYSEARCA:SPYV) by 4.7% during the second quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 929,915 shares of the company’s stock after acquiring an additional 41,753 shares during the quarter. Commonwealth Equity Services LLC owned approximately 0.25% of SPDR Portfolio S&P 500 Value ETF worth $40,172,000 as of its most recent SEC filing.

Other hedge funds have also bought and sold shares of the company. LPL Financial LLC raised its stake in shares of SPDR Portfolio S&P 500 Value ETF by 3.5% in the second quarter. LPL Financial LLC now owns 26,437,327 shares of the company’s stock valued at $1,142,093,000 after buying an additional 896,503 shares during the period. Allworth Financial LP raised its stake in shares of SPDR Portfolio S&P 500 Value ETF by 136.0% in the second quarter. Allworth Financial LP now owns 16,881,395 shares of the company’s stock valued at $729,276,000 after buying an additional 9,729,561 shares during the period. Morgan Stanley raised its stake in shares of SPDR Portfolio S&P 500 Value ETF by 1.2% in the fourth quarter. Morgan Stanley now owns 7,904,655 shares of the company’s stock valued at $307,412,000 after buying an additional 91,766 shares during the period. Portside Wealth Group LLC bought a new stake in shares of SPDR Portfolio S&P 500 Value ETF in the second quarter valued at $218,092,000. Finally, SVB Wealth LLC raised its stake in shares of SPDR Portfolio S&P 500 Value ETF by 25,897.7% in the first quarter. SVB Wealth LLC now owns 4,549,851 shares of the company’s stock valued at $189,956,000 after buying an additional 4,532,350 shares during the period.

SPDR Portfolio S&P 500 Value ETF Price Performance

Shares of SPYV opened at $43.62 on Friday. The firm has a market cap of $16.43 billion, a PE ratio of 13.69 and a beta of 0.94. The stock’s fifty day moving average price is $41.71 and its two-hundred day moving average price is $42.32. SPDR Portfolio S&P 500 Value ETF has a 1 year low of $37.92 and a 1 year high of $44.91.

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.