Confluence Investment Management LLC Buys 8,190 Shares of SPDR Portfolio S&P 500 Value ETF (NYSEARCA:SPYV)

Confluence Investment Management LLC boosted its stake in SPDR Portfolio S&P 500 Value ETF (NYSEARCA:SPYV) by 3.0% during the 4th quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 281,066 shares of the company’s stock after purchasing an additional 8,190 shares during the quarter. Confluence Investment Management LLC owned about 0.06% of SPDR Portfolio S&P 500 Value ETF worth $14,374,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also made changes to their positions in SPYV. Aptus Capital Advisors LLC grew its holdings in SPDR Portfolio S&P 500 Value ETF by 71.2% during the 2nd quarter. Aptus Capital Advisors LLC now owns 2,039 shares of the company’s stock valued at $99,000 after buying an additional 848 shares in the last quarter. Tortoise Investment Management LLC grew its holdings in shares of SPDR Portfolio S&P 500 Value ETF by 47.8% in the second quarter. Tortoise Investment Management LLC now owns 1,330 shares of the company’s stock valued at $65,000 after purchasing an additional 430 shares in the last quarter. Cozad Asset Management Inc. increased its position in SPDR Portfolio S&P 500 Value ETF by 0.3% in the second quarter. Cozad Asset Management Inc. now owns 97,941 shares of the company’s stock worth $4,774,000 after purchasing an additional 336 shares during the last quarter. Simon Quick Advisors LLC raised its stake in SPDR Portfolio S&P 500 Value ETF by 0.5% during the second quarter. Simon Quick Advisors LLC now owns 1,950,431 shares of the company’s stock valued at $95,064,000 after purchasing an additional 9,878 shares in the last quarter. Finally, Foundations Investment Advisors LLC lifted its position in SPDR Portfolio S&P 500 Value ETF by 28.2% during the second quarter. Foundations Investment Advisors LLC now owns 31,877 shares of the company’s stock valued at $1,554,000 after purchasing an additional 7,013 shares during the last quarter.

SPDR Portfolio S&P 500 Value ETF Stock Performance

Shares of NYSEARCA:SPYV traded down $0.08 on Thursday, reaching $51.06. The company’s stock had a trading volume of 797,868 shares, compared to its average volume of 2,555,342. The company has a 50-day simple moving average of $53.23 and a 200 day simple moving average of $51.83. SPDR Portfolio S&P 500 Value ETF has a 52-week low of $45.64 and a 52-week high of $55.42. The company has a market cap of $22.13 billion, a P/E ratio of 24.09 and a beta of 0.81.

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.