Perennial Investment Advisors LLC Grows Holdings in SPDR Portfolio S&P 500 Value ETF (NYSEARCA:SPYV)

Perennial Investment Advisors LLC lifted its holdings in shares of SPDR Portfolio S&P 500 Value ETF (NYSEARCA:SPYV) by 0.1% in the 2nd quarter, HoldingsChannel reports. The fund owned 785,822 shares of the company’s stock after purchasing an additional 1,007 shares during the period. SPDR Portfolio S&P 500 Value ETF makes up approximately 5.5% of Perennial Investment Advisors LLC’s investment portfolio, making the stock its 2nd biggest holding. Perennial Investment Advisors LLC’s holdings in SPDR Portfolio S&P 500 Value ETF were worth $38,302,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds also recently made changes to their positions in the company. Brogan Financial Inc. bought a new stake in SPDR Portfolio S&P 500 Value ETF during the 4th quarter worth approximately $279,000. Chicago Partners Investment Group LLC grew its holdings in SPDR Portfolio S&P 500 Value ETF by 2.1% during the fourth quarter. Chicago Partners Investment Group LLC now owns 32,190 shares of the company’s stock worth $1,493,000 after buying an additional 665 shares in the last quarter. MGO One Seven LLC raised its position in SPDR Portfolio S&P 500 Value ETF by 25.3% in the 4th quarter. MGO One Seven LLC now owns 108,470 shares of the company’s stock valued at $5,058,000 after buying an additional 21,869 shares during the last quarter. Founders Financial Alliance LLC lifted its stake in SPDR Portfolio S&P 500 Value ETF by 7.2% during the 4th quarter. Founders Financial Alliance LLC now owns 13,553 shares of the company’s stock valued at $632,000 after acquiring an additional 910 shares in the last quarter. Finally, Opal Wealth Advisors LLC boosted its holdings in SPDR Portfolio S&P 500 Value ETF by 14.1% during the 1st quarter. Opal Wealth Advisors LLC now owns 38,724 shares of the company’s stock worth $1,940,000 after acquiring an additional 4,785 shares during the last quarter.

SPDR Portfolio S&P 500 Value ETF Price Performance

Shares of SPYV stock opened at $52.49 on Tuesday. The firm has a 50-day moving average of $50.82 and a 200-day moving average of $49.58. SPDR Portfolio S&P 500 Value ETF has a one year low of $39.51 and a one year high of $52.61. The company has a market cap of $22.75 billion, a P/E ratio of 24.09 and a beta of 0.81.

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.