Inman Jager Wealth Management LLC Takes $2.31 Million Position in SPDR Portfolio S&P 500 Value ETF (NYSEARCA:SPYV)

Inman Jager Wealth Management LLC bought a new position in SPDR Portfolio S&P 500 Value ETF (NYSEARCA:SPYV) during the 4th quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm bought 45,202 shares of the company’s stock, valued at approximately $2,312,000. SPDR Portfolio S&P 500 Value ETF comprises approximately 1.8% of Inman Jager Wealth Management LLC’s investment portfolio, making the stock its 13th biggest position.

Several other institutional investors and hedge funds also recently added to or reduced their stakes in the stock. First National Bank of Omaha raised its position in SPDR Portfolio S&P 500 Value ETF by 1.4% in the third quarter. First National Bank of Omaha now owns 13,456 shares of the company’s stock worth $711,000 after acquiring an additional 187 shares during the period. Venturi Wealth Management LLC raised its position in shares of SPDR Portfolio S&P 500 Value ETF by 18.0% during the 3rd quarter. Venturi Wealth Management LLC now owns 1,324 shares of the company’s stock valued at $70,000 after purchasing an additional 202 shares during the period. Waldron Private Wealth LLC raised its position in shares of SPDR Portfolio S&P 500 Value ETF by 1.3% during the 4th quarter. Waldron Private Wealth LLC now owns 17,922 shares of the company’s stock valued at $917,000 after purchasing an additional 229 shares during the period. MAI Capital Management raised its position in shares of SPDR Portfolio S&P 500 Value ETF by 1.5% during the 3rd quarter. MAI Capital Management now owns 16,614 shares of the company’s stock valued at $878,000 after purchasing an additional 243 shares during the period. Finally, Concord Wealth Partners raised its position in shares of SPDR Portfolio S&P 500 Value ETF by 5.6% during the 4th quarter. Concord Wealth Partners now owns 5,676 shares of the company’s stock valued at $290,000 after purchasing an additional 303 shares during the period.

SPDR Portfolio S&P 500 Value ETF Price Performance

Shares of SPYV stock opened at $52.64 on Thursday. The company has a market capitalization of $22.81 billion, a price-to-earnings ratio of 24.09 and a beta of 0.81. SPDR Portfolio S&P 500 Value ETF has a one year low of $46.42 and a one year high of $55.42. The company’s fifty day moving average price is $52.45 and its 200-day moving average price is $52.29.

SPDR Portfolio S&P 500 Value ETF Company 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.