Raymond James & Associates Increases Holding in SPDR S&P 500 Value ETF (NYSEARCA:SPYV)

Raymond James & Associates boosted its stake in SPDR Portfolio S&P 500 Value ETF (NYSEARCA:SPYV – Free Report ) by 2.5% in the second quarter, Holdings Channel.com reports. The firm owned 684,073 shares of the company’s stock after purchasing an additional 16,513 shares during the quarter. Raymond James & Associates’ holdings in SPDR Portfolio S&P 500 Value ETF were worth $33,342,000 as of its most recent SEC filing.

A number of other hedge funds have also recently bought and sold shares of the company. EdgeRock Capital LLC purchased a new position in SPDR Portfolio S&P 500 Value ETF in the fourth quarter valued at about $29,000. Crewe Advisors LLC purchased a new position in SPDR Portfolio S&P 500 Value ETF in the first quarter worth about $29,000. Olistico Wealth LLC bought a new position in SPDR Portfolio S&P 500 Value ETF in the second quarter valued at about $30,000. Salem Investment Counselors Inc. acquired a new stake in SPDR Portfolio S&P 500 Value ETF in the first quarter valued at $35,000. Finally, Vima LLC bought a new stake in shares of SPDR Portfolio S&P 500 Value ETF in the 4th quarter valued at $36,000.

SPDR Portfolio S&P 500 Value ETF Price Performance

Shares of SPYV opened at $51.26 on Tuesday. The stock has a market cap of $22.22 billion, a P/E ratio of 24.09 and a beta of 0.81. SPDR Portfolio S&P 500 Value ETF has a 1-year low of $39.51 and a 1-year high of $51.43. The company has a fifty day moving average price of $49.62 and a 200 day moving average price of $48.96.

Company Profile SPDR Portfolio S&P 500 Value ETF

(Free report)

The SPDR S&P 500 Value ETF (the Fund), formerly the 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-cap value sector of the United States stock market. The index consists of those stocks in the S&P 500 index that exhibit the strongest value characteristics based on the ratio of book value to price; earnings/price ratio and sales/price ratio.

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