ORG Wealth Partners LLC Makes $33,000 Investment in SPDR Portfolio S&P 500 Value ETF

ORG Wealth Partners LLC recently acquired a new position in the SPDR Portfolio S&P 500 Value ETF (NYSEARCA:SPYV) during the third quarter, as disclosed in its filing with the Securities and Exchange Commission (SEC). The firm purchased 624 shares, totaling around $33,000 in value.

Other institutional investors have also bought and sold shares of SPYV in recent times. For example, Kayne Anderson Rudnick Investment Management LLC increased its holdings in the ETF by 227.0% in the second quarter, now owning 582 shares worth approximately $28,000 after buying an additional 404 shares in the past quarter. Crewe Advisors LLC took a new position in SPYV in the first quarter with an investment of about $29,000, while Olistico Wealth LLC and EdgeRock Capital LLC both established new stakes in the second quarter each valued at around $30,000. Additionally, Salem Investment Counselors Inc. acquired a new stake in SPYV during the first quarter, valued at approximately $35,000.

Current Stock Performance of SPDR Portfolio S&P 500 Value ETF

As of Wednesday, shares of SPDR Portfolio S&P 500 Value ETF opened at $53.40. The stock’s fifty-day moving average is $51.90, and its 200-day moving average is $50.12. The ETF has a market capitalization of $23.14 billion, with a price-to-earnings ratio of 24.09 and a beta of 0.81. Over the past year, SPYV has recorded a low of $39.51 and a high of $53.87.

Overview of SPDR Portfolio S&P 500 Value ETF

The SPDR S&P 500 Value ETF, originally known as the SPDR Dow Jones Large Cap Value ETF, aims to mirror the returns and characteristics of the S&P 500 Value Index. This index tracks the performance of large-capitalization stocks in the U.S. equity market that exhibit strong value characteristics based on ratios like book value to price, earnings to price, and sales to price.

investment, ETF, SPYV