SPDR Portfolio S&P 500 Value ETF $SPYV is Alta Wealth Advisors LLC’s 2nd Largest Position

Alta Wealth Advisors LLC boosted its position in shares of SPDR Portfolio S&P 500 Value ETF (NYSEARCA:SPYV) by 13.2% during the 3rd quarter, HoldingsChannel reports. The firm owned 559,646 shares of the company’s stock after buying an additional 65,318 shares during the quarter. SPDR Portfolio S&P 500 Value ETF accounts for 11.1% of Alta Wealth Advisors LLC’s investment portfolio, making the stock its 2nd biggest holding. Alta Wealth Advisors LLC’s holdings in SPDR Portfolio S&P 500 Value ETF were worth $30,965,000 at the end of the most recent quarter.

Several other large investors also recently added to or reduced their stakes in SPYV. Fiduciary Advisors Inc. purchased a new stake in shares of SPDR Portfolio S&P 500 Value ETF in the second quarter valued at $26,000. Legacy Investment Solutions LLC acquired a new position in SPDR Portfolio S&P 500 Value ETF during the second quarter valued at $36,000. Atlantic Union Bankshares Corp acquired a new position in SPDR Portfolio S&P 500 Value ETF during the second quarter valued at $36,000. Sound Income Strategies LLC lifted its stake in SPDR Portfolio S&P 500 Value ETF by 75.8% in the 2nd quarter. Sound Income Strategies LLC now owns 807 shares of the company’s stock worth $42,000 after acquiring an additional 348 shares in the last quarter. Finally, Crewe Advisors LLC boosted its position in SPDR Portfolio S&P 500 Value ETF by 209.0% during the 2nd quarter. Crewe Advisors LLC now owns 828 shares of the company’s stock worth $43,000 after acquiring an additional 560 shares during the period.

SPDR Portfolio S&P 500 Value ETF Price Performance

NYSEARCA:SPYV opened at $58.16 on Tuesday. SPDR Portfolio S&P 500 Value ETF has a fifty-two week low of $44.39 and a fifty-two week high of $58.50. The stock’s 50-day moving average is $57.10 and its two-hundred day moving average is $55.50. The stock has a market cap of $32.30 billion, a PE ratio of 20.50 and a beta of 0.89.

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. 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.