Schrum Private Wealth Management LLC reduced its position in SPDR Portfolio S&P 500 Value ETF (NYSEARCA:SPYV – Free Report) by 42.8% during the 4th quarter, HoldingsChannel.com reports. The firm owned 22,347 shares of the company’s stock after selling 16,715 shares during the quarter. SPDR Portfolio S&P 500 Value ETF makes up approximately 1.0% of Schrum Private Wealth Management LLC’s investment portfolio, making the stock its 29th biggest position. Schrum Private Wealth Management LLC’s holdings in SPDR Portfolio S&P 500 Value ETF were worth $1,143,000 at the end of the most recent quarter.
Several other institutional investors also recently bought and sold shares of SPYV. Park Place Capital Corp purchased a new stake in shares of SPDR Portfolio S&P 500 Value ETF in the fourth quarter worth about $31,000. Lindbrook Capital LLC grew its holdings in SPDR Portfolio S&P 500 Value ETF by 224.8% during the 4th quarter. Lindbrook Capital LLC now owns 695 shares of the company’s stock worth $36,000 after acquiring an additional 481 shares in the last quarter. 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. MassMutual Private Wealth & Trust FSB acquired a new stake in shares of SPDR Portfolio S&P 500 Value ETF during the 4th quarter valued at approximately $44,000. Finally, Crewe Advisors LLC boosted its holdings in shares of 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 during the period.
SPDR Portfolio S&P 500 Value ETF Trading Up 0.7 %
Shares of SPDR Portfolio S&P 500 Value ETF stock opened at $51.93 on Thursday. SPDR Portfolio S&P 500 Value ETF has a twelve month low of $47.22 and a twelve month high of $55.42. The business’s 50 day simple moving average is $52.12 and its 200-day simple moving average is $52.63. The stock has a market capitalization of $25.20 billion, a price-to-earnings ratio of 22.42 and a beta of 0.95.
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.
Further Reading
- Five stocks we like better than SPDR Portfolio S&P 500 Value ETF
- How to invest in marijuana stocks in 7 steps
- 2 Stocks Insiders Are Buying and 1 They’re Selling
- What Are Dividend Contenders? Investing in Dividend Contenders
- 2 Must-Have Stocks as Consumers Prioritize Needs Over Wants
- What Percentage Gainers Tell Investors and Why They Don’t Tell the Whole Story
- Corporate Crawl: Where Business Trips Turn Into Party Nights
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).
Receive News & Ratings for SPDR Portfolio S&P 500 Value ETF Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for SPDR Portfolio S&P 500 Value ETF and related companies with MarketBeat.com's FREE daily email newsletter.
