FNY Investment Advisers LLC Makes New $1.18 Million Investment in SPDR Portfolio S&P 500 Value ETF (NYSEARCA:SPYV)

FNY Investment Advisers LLC bought a new position in shares of SPDR Portfolio S&P 500 Value ETF (NYSEARCA:SPYVFree Report) in the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor bought 23,000 shares of the company’s stock, valued at approximately $1,176,000.

A number of other hedge funds have also modified their holdings of SPYV. BCS Wealth Management increased its position in SPDR Portfolio S&P 500 Value ETF by 16.2% during the fourth quarter. BCS Wealth Management now owns 171,766 shares of the company’s stock worth $8,784,000 after purchasing an additional 23,977 shares during the last quarter. AdvisorNet Financial Inc grew its stake in shares of SPDR Portfolio S&P 500 Value ETF by 6.6% in the 4th quarter. AdvisorNet Financial Inc now owns 43,765 shares of the company’s stock valued at $2,238,000 after buying an additional 2,693 shares during the period. Tsfg LLC increased its holdings in shares of SPDR Portfolio S&P 500 Value ETF by 4.6% during the 4th quarter. Tsfg LLC now owns 550,904 shares of the company’s stock worth $28,173,000 after buying an additional 24,180 shares during the last quarter. Courier Capital LLC raised its position in shares of SPDR Portfolio S&P 500 Value ETF by 33.6% during the 4th quarter. Courier Capital LLC now owns 517,209 shares of the company’s stock valued at $26,450,000 after buying an additional 129,949 shares during the period. Finally, Abound Wealth Management lifted its holdings in SPDR Portfolio S&P 500 Value ETF by 458.7% in the fourth quarter. Abound Wealth Management now owns 1,408 shares of the company’s stock valued at $72,000 after acquiring an additional 1,156 shares during the last quarter.

SPDR Portfolio S&P 500 Value ETF Stock Performance

Shares of SPDR Portfolio S&P 500 Value ETF stock opened at $50.75 on Tuesday. SPDR Portfolio S&P 500 Value ETF has a fifty-two week low of $45.64 and a fifty-two week high of $55.42. The firm has a market capitalization of $22.00 billion, a price-to-earnings ratio of 24.09 and a beta of 0.81. The stock has a 50 day moving average of $52.99 and a 200 day moving average of $51.96.

SPDR Portfolio S&P 500 Value ETF Profile

(Free Report)

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.

See Also

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:SPYVFree Report).

Institutional Ownership by Quarter for SPDR Portfolio S&P 500 Value ETF (NYSEARCA:SPYV)

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.