Elios Financial Group Inc. Invests $2.42 Million in SPDR Portfolio S&P 500 Value ETF (NYSEARCA:SPYV)

Elios Financial Group Inc. bought a new stake in shares of SPDR Portfolio S&P 500 Value ETF (NYSEARCA:SPYV) in the third quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor bought 45,742 shares of the company’s stock, valued at approximately $2,418,000. SPDR Portfolio S&P 500 Value ETF makes up approximately 1.1% of Elios Financial Group Inc.’s portfolio, making the stock its 24th biggest position.

A number of other hedge funds and other institutional investors also recently made changes to their positions in the business. Private Advisor Group LLC boosted its position in SPDR Portfolio S&P 500 Value ETF by 4.6% during the 3rd quarter. Private Advisor Group LLC now owns 2,761,731 shares of the company’s stock valued at $145,985,000 after acquiring an additional 121,974 shares in the last quarter. ORG Wealth Partners LLC bought a new position in SPDR Portfolio S&P 500 Value ETF in the third quarter worth $33,000. Williams Financial LLC lifted its position in SPDR Portfolio S&P 500 Value ETF by 6,166.3% during the second quarter. Williams Financial LLC now owns 42,988,918 shares of the company’s stock valued at $2,101,241,000 after buying an additional 42,302,888 shares during the period. Lynch & Associates IN grew its position in shares of SPDR Portfolio S&P 500 Value ETF by 3.7% in the 2nd quarter. Lynch & Associates IN now owns 139,809 shares of the company’s stock worth $6,814,000 after buying an additional 5,030 shares during the period. Finally, Asset Management Group Inc. grew its position in shares of SPDR Portfolio S&P 500 Value ETF by 1.7% in the 2nd quarter. Asset Management Group Inc. now owns 91,834 shares of the company’s stock worth $4,476,000 after buying an additional 1,525 shares during the period.

SPDR Portfolio S&P 500 Value ETF Price Performance

Shares of NYSEARCA SPYV opened at $55.04 on Tuesday. SPDR Portfolio S&P 500 Value ETF has a 1 year low of $43.93 and a 1 year high of $55.22. The firm has a 50-day moving average of $53.13 and a 200 day moving average of $51.13. The stock has a market cap of $23.85 billion, a P/E ratio of 24.09 and a beta of 0.81.

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.