ERn Financial LLC Buys 64,828 Shares of SPDR Portfolio S&P 500 Value ETF $SPYV

ERn Financial LLC boosted its stake in SPDR Portfolio S&P 500 Value ETF (NYSEARCA:SPYV) by 11.2% in the third quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 644,527 shares of the company’s stock after acquiring an additional 64,828 shares during the quarter. SPDR Portfolio S&P 500 Value ETF comprises about 7.0% of ERn Financial LLC’s holdings, making the stock its 2nd largest holding. ERn Financial LLC’s holdings in SPDR Portfolio S&P 500 Value ETF were worth $35,662,000 at the end of the most recent reporting period.

Other hedge funds also recently made changes to their positions in the company. Fiduciary Advisors Inc. purchased a new position in shares of SPDR Portfolio S&P 500 Value ETF in the second quarter valued at $26,000. Parallel Advisors LLC increased its stake in SPDR Portfolio S&P 500 Value ETF by 63,900.0% during the 2nd quarter. Parallel Advisors LLC now owns 640 shares of the company’s stock worth $33,000 after buying an additional 639 shares during the period. Atlantic Union Bankshares Corp acquired a new position in SPDR Portfolio S&P 500 Value ETF in the 2nd quarter worth $36,000. Legacy Investment Solutions LLC purchased a new position in SPDR Portfolio S&P 500 Value ETF in the 2nd quarter valued at about $36,000. Finally, Steigerwald Gordon & Koch Inc. acquired a new stake in shares of SPDR Portfolio S&P 500 Value ETF during the third quarter valued at about $44,000.

SPDR Portfolio S&P 500 Value ETF Stock Performance

NYSEARCA:SPYV opened at $58.18 on Friday. The stock has a market cap of $32.33 billion, a price-to-earnings ratio of 20.50 and a beta of 0.89. SPDR Portfolio S&P 500 Value ETF has a one year low of $44.39 and a one year high of $58.50. The business’s 50-day simple moving average is $57.01 and its 200 day simple moving average is $55.39.

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. The selection universe for the S&P 500 Index includes all United States common equities listed on the New York Stock Exchange, National Association of Securities Dealers Automated Quotation (NASDAQ) Global Select Market, NASDAQ Select Market and NASDAQ Capital Market with market capitalizations of $3.5 billion or more.