SPDR Portfolio S&P 500 Value ETF (NYSEARCA:SPYV) Shares Purchased by Summit Investment Advisory Services LLC

Summit Investment Advisory Services LLC grew its stake in shares of SPDR Portfolio S&P 500 Value ETF (NYSEARCA:SPYV) by 4.2% in the 4th quarter, Holdings Channel.com reports. The fund owned 32,416 shares of the company’s stock after purchasing an additional 1,298 shares during the quarter. SPDR Portfolio S&P 500 Value ETF makes up about 0.9% of Summit Investment Advisory Services LLC’s holdings, making the stock its 20th largest position. Summit Investment Advisory Services LLC’s holdings in SPDR Portfolio S&P 500 Value ETF were worth $1,658,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors also recently modified their holdings of SPYV. LPL Financial LLC lifted its position in shares of SPDR Portfolio S&P 500 Value ETF by 8.8% during the third quarter. LPL Financial LLC now owns 39,150,619 shares of the company’s stock worth $2,069,502,000 after purchasing an additional 3,176,679 shares during the last quarter. Flagship Harbor Advisors LLC bought a new position in SPDR Portfolio S&P 500 Value ETF during the 3rd quarter worth approximately $84,057,000. Orion Portfolio Solutions LLC grew its position in shares of SPDR Portfolio S&P 500 Value ETF by 1,525.1% in the 3rd quarter. Orion Portfolio Solutions LLC now owns 1,449,664 shares of the company’s stock worth $76,629,000 after acquiring an additional 1,360,461 shares in the last quarter. Principal Securities Inc. increased its holdings in shares of SPDR Portfolio S&P 500 Value ETF by 113,776.3% in the 3rd quarter. Principal Securities Inc. now owns 614,932 shares of the company’s stock valued at $32,505,000 after acquiring an additional 614,392 shares during the last quarter. Finally, Benjamin Edwards Inc. increased its holdings in shares of SPDR Portfolio S&P 500 Value ETF by 1,371.8% in the 3rd quarter. Benjamin Edwards Inc. now owns 623,960 shares of the company’s stock valued at $32,982,000 after acquiring an additional 581,565 shares during the last quarter.

SPDR Portfolio S&P 500 Value ETF Price Performance

Shares of SPYV opened at $52.56 on Friday. The stock has a market capitalization of $22.78 billion, a PE ratio of 24.09 and a beta of 0.81. The business’s fifty day moving average price is $52.67 and its 200 day moving average price is $52.15. SPDR Portfolio S&P 500 Value ETF has a 12-month low of $46.42 and a 12-month high of $55.42.

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.