Silver Oak Securities Incorporated Boosts Stake in SPDR Portfolio S&P 500 Value ETF (NYSEARCA:SPYV)

Silver Oak Securities Incorporated increased its stake in shares of SPDR Portfolio S&P 500 Value ETF (NYSEARCA:SPYV) by 36.1% in the third quarter, according to its most recent 13F filing with the SEC. The firm owned 188,571 shares of the company’s stock after purchasing an additional 50,030 shares during the period. SPDR Portfolio S&P 500 Value ETF makes up approximately 1.0% of Silver Oak Securities Incorporated’s investment portfolio, making the stock its 19th largest position. Silver Oak Securities Incorporated’s holdings in SPDR Portfolio S&P 500 Value ETF were worth $9,871,000 at the end of the most recent reporting period.

A number of other hedge funds have also recently made changes to their positions in the stock. CENTRAL TRUST Co boosted its position in SPDR Portfolio S&P 500 Value ETF by 199.4% in the 3rd quarter. CENTRAL TRUST Co now owns 491 shares of the company’s stock valued at $26,000 after buying an additional 327 shares during the period. Crewe Advisors LLC purchased a new position in SPDR Portfolio S&P 500 Value ETF in the 1st quarter valued at approximately $29,000. Kayne Anderson Rudnick Investment Management LLC boosted its position in SPDR Portfolio S&P 500 Value ETF by 227.0% in the 2nd quarter. Kayne Anderson Rudnick Investment Management LLC now owns 582 shares of the company’s stock valued at $28,000 after buying an additional 404 shares during the period. Olistico Wealth LLC purchased a new position in SPDR Portfolio S&P 500 Value ETF in the 2nd quarter valued at approximately $30,000. Finally, ORG Wealth Partners LLC purchased a new position in SPDR Portfolio S&P 500 Value ETF in the 3rd quarter valued at approximately $33,000.

SPDR Portfolio S&P 500 Value ETF Trading Down 0.3 %

Shares of SPYV opened at $53.04 on Friday. SPDR Portfolio S&P 500 Value ETF has a twelve month low of $39.51 and a twelve month high of $53.93. The firm’s fifty day simple moving average is $52.40 and its 200-day simple moving average is $50.30. The firm has a market capitalization of $22.99 billion, a price-to-earnings ratio of 24.09 and a beta of 0.81.

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.