SVB Wealth LLC purchased a new stake in SPDR Portfolio S&P 500 Value ETF (NYSEARCA:SPYV – Free Report) in the 4th quarter, HoldingsChannel reports. The firm purchased 115,506 shares of the company’s stock, valued at approximately $5,907,000.
Several other institutional investors and hedge funds have also recently modified their holdings of SPYV. Park Place Capital Corp acquired a new position in SPDR Portfolio S&P 500 Value ETF during the fourth quarter worth $31,000. Legacy Investment Solutions LLC acquired a new position in shares of SPDR Portfolio S&P 500 Value ETF during the 3rd quarter worth about $37,000. MassMutual Private Wealth & Trust FSB acquired a new position in shares of SPDR Portfolio S&P 500 Value ETF during the 4th quarter worth about $44,000. Crewe Advisors LLC lifted its stake in SPDR Portfolio S&P 500 Value ETF by 136.9% in the 4th quarter. Crewe Advisors LLC now owns 969 shares of the company’s stock valued at $50,000 after buying an additional 560 shares in the last quarter. Finally, Archer Investment Corp acquired a new stake in SPDR Portfolio S&P 500 Value ETF in the 3rd quarter worth about $53,000.
SPDR Portfolio S&P 500 Value ETF Trading Up 1.3 %
NYSEARCA:SPYV opened at $52.84 on Friday. The stock has a 50 day moving average of $52.11 and a two-hundred day moving average of $52.60. SPDR Portfolio S&P 500 Value ETF has a 12 month low of $47.22 and a 12 month high of $55.42. The firm has a market cap of $25.65 billion, a P/E ratio of 22.42 and a beta of 0.95.
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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Want to see what other hedge funds are holding SPYV? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for SPDR Portfolio S&P 500 Value ETF (NYSEARCA:SPYV – Free Report).
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