Liberty Wealth Management LLC Buys Shares of 6,096 SPDR Portfolio S&P 500 Value ETF (NYSEARCA:SPYV)

Liberty Wealth Management LLC purchased a new position in shares of SPDR Portfolio S&P 500 Value ETF (NYSEARCA:SPYV) in the second quarter, HoldingsChannel reports. The firm purchased 6,096 shares of the company’s stock, valued at approximately $297,000.

A number of other hedge funds and other institutional investors have also recently modified their holdings of the business. Ausdal Financial Partners Inc. boosted its stake in SPDR Portfolio S&P 500 Value ETF by 14.5% during the second quarter. Ausdal Financial Partners Inc. now owns 91,391 shares of the company’s stock worth $4,454,000 after buying an additional 11,592 shares during the period. Koss Olinger Consulting LLC purchased a new stake in SPDR Portfolio S&P 500 Value ETF in the second quarter valued at approximately $669,000. Lynch & Associates IN lifted its stake in SPDR Portfolio S&P 500 Value ETF by 3.7% during the second quarter. Lynch & Associates IN now owns 139,809 shares of the company’s stock worth $6,814,000 after purchasing an additional 5,030 shares in the last quarter. Financial Gravity Asset Management Inc. grew its stake in shares of SPDR Portfolio S&P 500 Value ETF by 6.4% in the second quarter. Financial Gravity Asset Management Inc. now owns 163,608 shares of the company’s stock valued at $7,972,000 after buying an additional 9,784 shares in the last quarter. Finally, Chris Bulman Inc acquired a new position in SPDR Portfolio S&P 500 Value ETF during the 2nd quarter worth about $551,000.

SPDR Portfolio S&P 500 Value ETF Stock Up 1.1 %

Shares of SPYV opened at $51.78 on Tuesday. The company has a market cap of $22.44 billion, a P/E ratio of 24.09 and a beta of 0.81. SPDR Portfolio S&P 500 Value ETF has a fifty-two week low of $39.51 and a fifty-two week high of $52.61. The firm’s 50 day moving average price is $50.50 and its 200 day moving average price is $49.45.

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.