Towerpoint Wealth LLC Takes Position in SPDR Portfolio S&P 500 Value ETF (NYSEARCA:SPYV)

Towerpoint Wealth LLC acquired a new position in shares of SPDR Portfolio S&P 500 Value ETF (NYSEARCA:SPYV) in the 3rd quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor acquired 4,248 shares of the company’s stock, valued at approximately $136,000.

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Other hedge funds and other institutional investors have also recently bought and sold shares of the company. Family Management Corp bought a new stake in shares of SPDR Portfolio S&P 500 Value ETF during the 2nd quarter worth $57,000. Independence Bank of Kentucky bought a new stake in shares of SPDR Portfolio S&P 500 Value ETF during the 3rd quarter worth $57,000. Financial Gravity Wealth Inc. boosted its holdings in shares of SPDR Portfolio S&P 500 Value ETF by 314.1% during the 3rd quarter. Financial Gravity Wealth Inc. now owns 2,079 shares of the company’s stock worth $66,000 after buying an additional 1,577 shares during the period. Capital Investment Advisory Services LLC boosted its holdings in SPDR Portfolio S&P 500 Value ETF by 142.4% in the 2nd quarter. Capital Investment Advisory Services LLC now owns 2,186 shares of the company’s stock valued at $69,000 after purchasing an additional 1,284 shares during the period. Finally, US Bancorp DE bought a new stake in SPDR Portfolio S&P 500 Value ETF in the 2nd quarter valued at $74,000.

SPDR Portfolio S&P 500 Value ETF stock traded up $0.26 during mid-day trading on Friday, reaching $34.01. The company had a trading volume of 1,422,207 shares, compared to its average volume of 1,065,701. SPDR Portfolio S&P 500 Value ETF has a 52 week low of $25.44 and a 52 week high of $34.01. The company has a 50 day moving average of $32.49 and a 200-day moving average of $31.45.

About SPDR Portfolio S&P 500 Value ETF

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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