SPDR Portfolio S&P 500 Value ETF (NYSEARCA:SPYV) Shares Purchased by McAdam LLC

McAdam LLC boosted its holdings in SPDR Portfolio S&P 500 Value ETF (NYSEARCA:SPYV) by 2.7% in the 3rd quarter, HoldingsChannel.com reports. The firm owned 316,872 shares of the company’s stock after buying an additional 8,321 shares during the quarter. SPDR Portfolio S&P 500 Value ETF comprises approximately 0.9% of McAdam LLC’s investment portfolio, making the stock its 18th biggest holding. McAdam LLC’s holdings in SPDR Portfolio S&P 500 Value ETF were worth $16,750,000 at the end of the most recent quarter.

Several other institutional investors have also recently added to or reduced their stakes in SPYV. Kayne Anderson Rudnick Investment Management LLC grew its position in SPDR Portfolio S&P 500 Value ETF by 227.0% during the second quarter. Kayne Anderson Rudnick Investment Management LLC now owns 582 shares of the company’s stock valued at $28,000 after acquiring an additional 404 shares during the period. Crewe Advisors LLC purchased a new stake in SPDR Portfolio S&P 500 Value ETF during the first quarter valued at about $29,000. Olistico Wealth LLC purchased a new stake in SPDR Portfolio S&P 500 Value ETF during the second quarter valued at about $30,000. EdgeRock Capital LLC purchased a new stake in SPDR Portfolio S&P 500 Value ETF during the second quarter valued at about $30,000. Finally, ORG Wealth Partners LLC purchased a new stake in SPDR Portfolio S&P 500 Value ETF during the third quarter valued at about $33,000.

SPDR Portfolio S&P 500 Value ETF Trading Down 0.1 %

SPYV stock opened at $53.21 on Thursday. The stock has a 50-day moving average price of $52.35 and a two-hundred day moving average price of $50.29. SPDR Portfolio S&P 500 Value ETF has a 12-month low of $39.51 and a 12-month high of $53.93. The company has a market cap of $23.06 billion, a PE 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.