Avestar Capital LLC Purchases New Shares in SPDR Portfolio S&P 500 Value ETF (NYSEARCA:SPYV)

Avestar Capital LLC acquired a new stake in shares of SPDR Portfolio S&P 500 Value ETF (NYSEARCA:SPYV) during the 3rd quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm acquired 3,810 shares of the company’s stock, valued at approximately $201,000.

Other hedge funds and other institutional investors have also added to or reduced their stakes in the company. Private Advisor Group LLC lifted its holdings in SPDR Portfolio S&P 500 Value ETF by 4.6% during the third quarter. Private Advisor Group LLC now owns 2,761,731 shares of the company’s stock valued at $145,985,000 after purchasing an additional 121,974 shares in the last quarter. ORG Wealth Partners LLC purchased a new position in SPDR Portfolio S&P 500 Value ETF during the third quarter valued at $33,000. Williams Financial LLC lifted its holdings in SPDR Portfolio S&P 500 Value ETF by 6,166.3% during the second quarter. Williams Financial LLC now owns 42,988,918 shares of the company’s stock valued at $2,101,241,000 after purchasing an additional 42,302,888 shares in the last quarter. Lynch & Associates IN lifted its stake in shares of SPDR Portfolio S&P 500 Value ETF by 3.7% in the second quarter. Lynch & Associates IN now owns 139,809 shares of the company’s stock worth $6,814,000 after buying an additional 5,030 shares in the last quarter. Finally, Asset Management Group Inc. lifted its stake in shares of SPDR Portfolio S&P 500 Value ETF by 1.7% in the second quarter. Asset Management Group Inc. now owns 91,834 shares of the company’s stock worth $4,476,000 after buying an additional 1,525 shares in the last quarter.

SPDR Portfolio S&P 500 Value ETF Trading Up 0.1 %

NYSEARCA:SPYV opened at $55.12 on Friday. The company’s 50-day moving average price is $53.29 and its 200-day moving average price is $51.22. The company has a market cap of $23.89 billion, a P/E ratio of 24.09 and a beta of 0.81. SPDR Portfolio S&P 500 Value ETF has a twelve month low of $43.93 and a twelve month high of $55.37.

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.