SPDR Portfolio S&P 500 Value ETF $SPYV is Diversify Wealth Management LLC’s 4th Largest Position

Diversify Wealth Management LLC grew its stake in SPDR Portfolio S&P 500 Value ETF (NYSEARCA:SPYV) by 48.7% in the first quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund owned 2,618,389 shares of the company’s stock after acquiring an additional 857,802 shares during the quarter. SPDR Portfolio S&P 500 Value ETF comprises approximately 2.8% of Diversify Wealth Management LLC’s investment portfolio, making the stock its 4th biggest position. Diversify Wealth Management LLC owned about 0.47% of SPDR Portfolio S&P 500 Value ETF worth $154,878,000 at the end of the most recent reporting period.

Several other institutional investors have also modified their holdings of SPYV. AQR Capital Management LLC raised its stake in SPDR Portfolio S&P 500 Value ETF by 13.9% during the first quarter. AQR Capital Management LLC now owns 65,816 shares of the company’s stock worth $3,361,000 after purchasing an additional 8,012 shares during the period. Russell Investments Group Ltd. raised its position in shares of SPDR Portfolio S&P 500 Value ETF by 330.6% during the 2nd quarter. Russell Investments Group Ltd. now owns 5,202 shares of the company’s stock valued at $272,000 after buying an additional 3,994 shares during the period. Marshall Wace LLP purchased a new stake in shares of SPDR Portfolio S&P 500 Value ETF during the 2nd quarter valued at approximately $3,008,000. Qube Research & Technologies Ltd lifted its holdings in SPDR Portfolio S&P 500 Value ETF by 28.5% in the second quarter. Qube Research & Technologies Ltd now owns 10,800 shares of the company’s stock valued at $565,000 after acquiring an additional 2,394 shares during the last quarter. Finally, Peapack Gladstone Financial Corp purchased a new position in SPDR Portfolio S&P 500 Value ETF in the second quarter worth approximately $295,000.

SPDR Portfolio S&P 500 Value ETF Stock Up 0.2%

NYSEARCA:SPYV traded up $0.13 on Friday, reaching $61.73. The company’s stock had a trading volume of 1,808,807 shares, compared to its average volume of 3,302,932. SPDR Portfolio S&P 500 Value ETF has a 12-month low of $51.97 and a 12-month high of $62.19. The stock has a 50 day moving average price of $60.80 and a 200 day moving average price of $58.97. The firm has a market cap of $35.90 billion, a price-to-earnings ratio of 20.50 and a beta of 0.82.

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. 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.