Ackerman Capital Advisors LLC Has $14.41 Million Holdings in SPDR Portfolio S&P 500 Value ETF (NYSEARCA:SPYV)

Ackerman Capital Advisors LLC increased its position in SPDR Portfolio S&P 500 Value ETF (NYSEARCA:SPYV) by 1.4% during the third quarter, according to its most recent Form 13F filing with the SEC. The fund owned 272,545 shares of the company’s stock after buying an additional 3,718 shares during the period. SPDR Portfolio S&P 500 Value ETF accounts for 3.7% of Ackerman Capital Advisors LLC’s portfolio, making the stock its 6th largest holding. Ackerman Capital Advisors LLC owned 0.06% of SPDR Portfolio S&P 500 Value ETF worth $14,407,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors have also recently added to or reduced their stakes in SPYV. Paradigm Strategies in Wealth Management LLC bought a new stake in SPDR Portfolio S&P 500 Value ETF in the third quarter worth approximately $211,000. Modera Wealth Management LLC boosted its holdings in SPDR Portfolio S&P 500 Value ETF by 13.8% in the third quarter. Modera Wealth Management LLC now owns 41,085 shares of the company’s stock worth $2,172,000 after purchasing an additional 4,998 shares in the last quarter. GHP Investment Advisors Inc. increased its position in SPDR Portfolio S&P 500 Value ETF by 3.2% during the third quarter. GHP Investment Advisors Inc. now owns 203,871 shares of the company’s stock worth $10,777,000 after buying an additional 6,391 shares during the last quarter. Wealth Enhancement Advisory Services LLC increased its position in SPDR Portfolio S&P 500 Value ETF by 7.6% during the third quarter. Wealth Enhancement Advisory Services LLC now owns 885,441 shares of the company’s stock worth $46,804,000 after buying an additional 62,742 shares during the last quarter. Finally, PFG Investments LLC raised its holdings in SPDR Portfolio S&P 500 Value ETF by 32.6% during the third quarter. PFG Investments LLC now owns 14,086 shares of the company’s stock valued at $745,000 after buying an additional 3,461 shares in the last quarter.

SPDR Portfolio S&P 500 Value ETF Stock Performance

SPYV opened at $52.65 on Friday. The company has a market cap of $22.82 billion, a PE ratio of 24.09 and a beta of 0.81. The stock has a 50-day moving average of $52.43 and a 200-day moving average of $50.33. SPDR Portfolio S&P 500 Value ETF has a 52-week low of $39.51 and a 52-week high of $53.93.

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.