Verus Capital Partners LLC Increases Holdings in SPDR Portfolio S&P 500 Value ETF (NYSEARCA:SPYV)

Verus Capital Partners LLC boosted its position in SPDR Portfolio S&P 500 Value ETF (NYSEARCA:SPYV) by 0.6% during the third quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund owned 233,602 shares of the company’s stock after buying an additional 1,473 shares during the period. SPDR Portfolio S&P 500 Value ETF makes up approximately 1.1% of Verus Capital Partners LLC’s investment portfolio, making the stock its 16th largest holding. Verus Capital Partners LLC owned 0.05% of SPDR Portfolio S&P 500 Value ETF worth $12,348,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors also recently bought and sold shares of SPYV. Williams Financial LLC lifted its holdings in shares of SPDR Portfolio S&P 500 Value ETF by 6,166.3% in the 2nd 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. Dynasty Wealth Management LLC purchased a new position in SPDR Portfolio S&P 500 Value ETF during the first quarter valued at approximately $152,867,000. LPL Financial LLC lifted its holdings in SPDR Portfolio S&P 500 Value ETF by 7.6% in the second quarter. LPL Financial LLC now owns 35,973,940 shares of the company’s stock valued at $1,753,370,000 after acquiring an additional 2,535,855 shares during the period. Cetera Investment Advisers boosted its position in SPDR Portfolio S&P 500 Value ETF by 209.0% in the 1st quarter. Cetera Investment Advisers now owns 2,530,967 shares of the company’s stock worth $126,801,000 after purchasing an additional 1,711,930 shares in the last quarter. Finally, Flagship Harbor Advisors LLC acquired a new stake in shares of SPDR Portfolio S&P 500 Value ETF during the 3rd quarter worth approximately $84,057,000.

SPDR Portfolio S&P 500 Value ETF Price Performance

NYSEARCA:SPYV opened at $54.33 on Tuesday. The company has a 50 day moving average price of $52.67 and a 200-day moving average price of $50.70. SPDR Portfolio S&P 500 Value ETF has a 1-year low of $42.22 and a 1-year high of $54.61. The firm has a market cap of $23.55 billion, a price-to-earnings 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.