Avantax Planning Partners Inc. Raises Stake in SPDR Portfolio S&P 500 Value ETF (NYSEARCA:SPYV)

Avantax Planning Partners Inc. increased its stake in shares of SPDR Portfolio S&P 500 Value ETF (NYSEARCA:SPYVGet Rating) by 244.0% during the first quarter, according to its most recent filing with the SEC. The institutional investor owned 139,136 shares of the company’s stock after purchasing an additional 98,689 shares during the period. Avantax Planning Partners Inc.’s holdings in SPDR Portfolio S&P 500 Value ETF were worth $5,809,000 as of its most recent SEC filing.

A number of other institutional investors have also added to or reduced their stakes in SPYV. MCF Advisors LLC purchased a new stake in SPDR Portfolio S&P 500 Value ETF during the 1st quarter worth about $25,000. Smith Moore & CO. purchased a new stake in shares of SPDR Portfolio S&P 500 Value ETF in the 4th quarter valued at about $26,000. Harbor Investment Advisory LLC purchased a new stake in shares of SPDR Portfolio S&P 500 Value ETF in the 1st quarter valued at about $26,000. Cullen Frost Bankers Inc. purchased a new stake in shares of SPDR Portfolio S&P 500 Value ETF in the 4th quarter valued at about $28,000. Finally, Bessemer Group Inc. purchased a new stake in shares of SPDR Portfolio S&P 500 Value ETF in the 4th quarter valued at about $35,000.

SPDR Portfolio S&P 500 Value ETF Stock Performance

Shares of NYSEARCA:SPYV traded up $0.06 on Friday, hitting $38.79. The company’s stock had a trading volume of 927,501 shares, compared to its average volume of 3,861,264. The company has a 50-day simple moving average of $37.90 and a 200 day simple moving average of $39.77. SPDR Portfolio S&P 500 Value ETF has a 1 year low of $35.62 and a 1 year high of $42.99.

About SPDR Portfolio S&P 500 Value ETF

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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.

Further Reading

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Institutional Ownership by Quarter for SPDR Portfolio S&P 500 Value ETF (NYSEARCA:SPYV)

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