Symphony Financial Ltd. Co. Boosts Stake in SPDR Portfolio S&P 500 Value ETF (NYSEARCA:SPYV)

Symphony Financial Ltd. Co. lifted its holdings in shares of SPDR Portfolio S&P 500 Value ETF (NYSEARCA:SPYV) by 4.9% during the fourth quarter, Holdings Channel reports. The fund owned 259,534 shares of the company’s stock after purchasing an additional 12,119 shares during the quarter. SPDR Portfolio S&P 500 Value ETF accounts for 2.1% of Symphony Financial Ltd. Co.’s investment portfolio, making the stock its 12th largest holding. Symphony Financial Ltd. Co.’s holdings in SPDR Portfolio S&P 500 Value ETF were worth $13,594,000 as of its most recent filing with the SEC.

Other institutional investors have also modified their holdings of the company. CENTRAL TRUST Co grew its holdings in SPDR Portfolio S&P 500 Value ETF by 199.4% during the 3rd quarter. CENTRAL TRUST Co now owns 491 shares of the company’s stock worth $26,000 after acquiring an additional 327 shares in the last quarter. Park Place Capital Corp bought a new position in shares of SPDR Portfolio S&P 500 Value ETF during the fourth quarter worth about $31,000. ORG Wealth Partners LLC acquired a new position in SPDR Portfolio S&P 500 Value ETF in the third quarter worth about $33,000. Legacy Investment Solutions LLC bought a new stake in SPDR Portfolio S&P 500 Value ETF in the third quarter valued at about $37,000. Finally, MassMutual Private Wealth & Trust FSB acquired a new stake in SPDR Portfolio S&P 500 Value ETF during the fourth quarter valued at approximately $44,000.

SPDR Portfolio S&P 500 Value ETF Stock Down 0.5 %

NYSEARCA:SPYV opened at $52.60 on Friday. The company has a market cap of $22.80 billion, a PE ratio of 24.09 and a beta of 0.81. The business’s 50 day moving average is $52.60 and its two-hundred day moving average is $52.23. SPDR Portfolio S&P 500 Value ETF has a 52 week low of $46.42 and a 52 week high of $55.42.

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.