Avestar Capital LLC Increases Holdings in SPDR Portfolio S&P 500 Value ETF (NYSEARCA:SPYV)

Avestar Capital LLC boosted its position in SPDR Portfolio S&P 500 Value ETF (NYSEARCA:SPYV) by 9.6% during the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund owned 4,177 shares of the company’s stock after buying an additional 367 shares during the period. Avestar Capital LLC’s holdings in SPDR Portfolio S&P 500 Value ETF were worth $214,000 as of its most recent filing with the Securities & Exchange Commission.

Several other hedge funds and other institutional investors also recently bought and sold shares of SPYV. JPMorgan Chase & Co. boosted its holdings in shares of SPDR Portfolio S&P 500 Value ETF by 5.4% in the 3rd quarter. JPMorgan Chase & Co. now owns 5,569,723 shares of the company’s stock valued at $294,416,000 after acquiring an additional 286,795 shares during the last quarter. Private Advisor Group LLC lifted its position in SPDR Portfolio S&P 500 Value ETF by 4.6% during the third quarter. Private Advisor Group LLC now owns 2,761,731 shares of the company’s stock valued at $145,985,000 after purchasing an additional 121,974 shares during the period. Hobart Private Capital LLC boosted its holdings in SPDR Portfolio S&P 500 Value ETF by 1.2% in the fourth quarter. Hobart Private Capital LLC now owns 163,808 shares of the company’s stock valued at $8,377,000 after purchasing an additional 1,881 shares during the last quarter. Diversify Advisory Services LLC grew its position in SPDR Portfolio S&P 500 Value ETF by 12.9% during the 3rd quarter. Diversify Advisory Services LLC now owns 219,542 shares of the company’s stock worth $11,693,000 after purchasing an additional 25,003 shares during the period. Finally, Hofer & Associates. Inc raised its stake in shares of SPDR Portfolio S&P 500 Value ETF by 1.8% during the 3rd quarter. Hofer & Associates. Inc now owns 204,515 shares of the company’s stock valued at $10,811,000 after buying an additional 3,556 shares during the last quarter.

SPDR Portfolio S&P 500 Value ETF Stock Down 0.2 %

Shares of SPYV opened at $52.71 on Friday. The company has a market capitalization of $22.84 billion, a price-to-earnings ratio of 24.09 and a beta of 0.81. SPDR Portfolio S&P 500 Value ETF has a 52 week low of $47.14 and a 52 week high of $55.42. The stock’s 50-day moving average price is $52.10 and its 200-day moving average price is $52.40.

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.