Wealth Enhancement Advisory Services LLC Increases Stock Position in SPDR Portfolio S&P 500 Value ETF (NYSEARCA:SPYV)

Wealth Enhancement Advisory Services LLC boosted its stake in SPDR Portfolio S&P 500 Value ETF (NYSEARCA:SPYV) by 154.1% during the 3rd quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 509,409 shares of the company’s stock after purchasing an additional 308,935 shares during the quarter. SPDR Portfolio S&P 500 Value ETF comprises approximately 0.7% of Wealth Enhancement Advisory Services LLC’s holdings, making the stock its 25th largest holding. Wealth Enhancement Advisory Services LLC’s holdings in SPDR Portfolio S&P 500 Value ETF were worth $16,263,000 as of its most recent filing with the Securities & Exchange Commission.

Other hedge funds also recently made changes to their positions in the company. RDA Financial Network lifted its stake in SPDR Portfolio S&P 500 Value ETF by 3.2% in the 2nd quarter. RDA Financial Network now owns 74,170 shares of the company’s stock worth $2,342,000 after purchasing an additional 2,334 shares in the last quarter. Rehmann Capital Advisory Group lifted its stake in SPDR Portfolio S&P 500 Value ETF by 618.8% in the 2nd quarter. Rehmann Capital Advisory Group now owns 6,397 shares of the company’s stock worth $200,000 after purchasing an additional 5,507 shares in the last quarter. Lantz Financial LLC purchased a new stake in SPDR Portfolio S&P 500 Value ETF in the 2nd quarter worth $788,000. Larson Financial Group LLC lifted its stake in SPDR Portfolio S&P 500 Value ETF by 8.6% in the 2nd quarter. Larson Financial Group LLC now owns 196,249 shares of the company’s stock worth $6,139,000 after purchasing an additional 15,466 shares in the last quarter. Finally, AdvisorNet Financial Inc lifted its stake in SPDR Portfolio S&P 500 Value ETF by 40.4% in the 2nd quarter. AdvisorNet Financial Inc now owns 58,755 shares of the company’s stock worth $1,838,000 after purchasing an additional 16,904 shares in the last quarter.

SPYV stock traded up $0.02 during mid-day trading on Tuesday, hitting $33.74. The company had a trading volume of 1,719,497 shares, compared to its average volume of 1,053,043. SPDR Portfolio S&P 500 Value ETF has a 12-month low of $25.44 and a 12-month high of $33.85. The company has a 50-day moving average price of $32.35 and a 200 day moving average price of $31.40.

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.

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

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