Abound Financial LLC Makes New $12.45 Million Investment in SPDR Portfolio S&P 500 Value ETF (NYSEARCA:SPYV)

Abound Financial LLC purchased a new position in SPDR Portfolio S&P 500 Value ETF (NYSEARCA:SPYV) during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm purchased 243,378 shares of the company’s stock, valued at approximately $12,446,000. SPDR Portfolio S&P 500 Value ETF accounts for about 6.3% of Abound Financial LLC’s portfolio, making the stock its 6th largest position. Abound Financial LLC owned 0.06% of SPDR Portfolio S&P 500 Value ETF as of its most recent SEC filing.

Several other institutional investors have also added to or reduced their stakes in the business. SOA Wealth Advisors LLC. raised its position in shares of SPDR Portfolio S&P 500 Value ETF by 40.1% during the 3rd quarter. SOA Wealth Advisors LLC. now owns 153,126 shares of the company’s stock valued at $8,094,000 after purchasing an additional 43,857 shares during the period. Blue Trust Inc. raised its position in shares of SPDR Portfolio S&P 500 Value ETF by 38.5% during the 3rd quarter. Blue Trust Inc. now owns 1,864 shares of the company’s stock valued at $91,000 after purchasing an additional 518 shares during the period. Signaturefd LLC raised its position in shares of SPDR Portfolio S&P 500 Value ETF by 23.6% during the 3rd quarter. Signaturefd LLC now owns 5,222 shares of the company’s stock valued at $276,000 after purchasing an additional 996 shares during the period. CENTRAL TRUST Co raised its position in shares of SPDR Portfolio S&P 500 Value ETF by 199.4% during the 3rd quarter. CENTRAL TRUST Co now owns 491 shares of the company’s stock valued at $26,000 after purchasing an additional 327 shares during the period. Finally, Tenon Financial LLC bought a new stake in shares of SPDR Portfolio S&P 500 Value ETF during the 3rd quarter valued at $293,000.

SPDR Portfolio S&P 500 Value ETF Price Performance

Shares of SPYV stock opened at $52.66 on Friday. The company has a market capitalization of $25.56 billion, a price-to-earnings ratio of 22.42 and a beta of 0.95. SPDR Portfolio S&P 500 Value ETF has a one year low of $47.22 and a one year high of $55.42. The company’s fifty day moving average price is $52.04 and its 200-day moving average price is $52.48.

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.