Cetera Advisors LLC Raises Stock Holdings in SPDR Portfolio S&P 500 Value ETF (NYSEARCA:SPYV)

Cetera Advisors LLC boosted its holdings in shares of SPDR Portfolio S&P 500 Value ETF (NYSEARCA:SPYV) by 39.3% during the first quarter, HoldingsChannel.com reports. The firm owned 253,307 shares of the company’s stock after purchasing an additional 71,488 shares during the period. Cetera Advisors LLC’s holdings in SPDR Portfolio S&P 500 Value ETF were worth $12,691,000 at the end of the most recent reporting period.

A number of other hedge funds also recently bought and sold shares of SPYV. EdgeRock Capital LLC acquired a new stake in shares of SPDR Portfolio S&P 500 Value ETF in the fourth quarter valued at approximately $29,000. Crewe Advisors LLC purchased a new position in SPDR Portfolio S&P 500 Value ETF in the first quarter valued at $29,000. Salem Investment Counselors Inc. purchased a new position in SPDR Portfolio S&P 500 Value ETF in the first quarter valued at $35,000. Vima LLC purchased a new position in SPDR Portfolio S&P 500 Value ETF in the fourth quarter valued at $36,000. Finally, Creekmur Asset Management LLC purchased a new stake in SPDR Portfolio S&P 500 Value ETF during the 4th quarter worth about $37,000.

SPDR Portfolio S&P 500 Value ETF Stock Performance

NYSEARCA SPYV traded down $0.70 during trading on Friday, reaching $50.04. 5,216,582 shares of the company’s stock were exchanged, compared to its average volume of 2,483,037. The company has a 50 day moving average price of $49.42 and a two-hundred day moving average price of $48.68. SPDR Portfolio S&P 500 Value ETF has a 1 year low of $39.51 and a 1 year high of $51.43. The stock has a market cap of $21.69 billion, a P/E ratio of 24.09 and a beta of 0.81.

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.