SPDR Portfolio S&P 500 Value ETF (NYSEARCA:SPYV) Stake Decreased by Tower Wealth Partners Inc.

Tower Wealth Partners Inc. lessened its holdings in shares of SPDR Portfolio S&P 500 Value ETF (NYSEARCA:SPYV) by 2.1% in the fourth quarter, according to its most recent filing with the SEC. The firm owned 44,272 shares of the company’s stock after selling 935 shares during the quarter. SPDR Portfolio S&P 500 Value ETF comprises approximately 1.2% of Tower Wealth Partners Inc.’s holdings, making the stock its 15th largest position. Tower Wealth Partners Inc.’s holdings in SPDR Portfolio S&P 500 Value ETF were worth $2,264,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also modified their holdings of the stock. JPMorgan Chase & Co. lifted its position in SPDR Portfolio S&P 500 Value ETF by 5.4% in the third quarter. JPMorgan Chase & Co. now owns 5,569,723 shares of the company’s stock worth $294,416,000 after purchasing an additional 286,795 shares during the period. Hobart Private Capital LLC lifted its position in shares of SPDR Portfolio S&P 500 Value ETF by 1.2% during the 4th quarter. Hobart Private Capital LLC now owns 163,808 shares of the company’s stock valued at $8,377,000 after acquiring an additional 1,881 shares during the last quarter. Wrapmanager Inc. lifted its holdings in shares of SPDR Portfolio S&P 500 Value ETF by 0.6% during the fourth quarter. Wrapmanager Inc. now owns 208,554 shares of the company’s stock valued at $10,665,000 after purchasing an additional 1,214 shares during the last quarter. Trilogy Capital Inc. raised its holdings in SPDR Portfolio S&P 500 Value ETF by 10.4% during the 4th quarter. Trilogy Capital Inc. now owns 146,514 shares of the company’s stock worth $7,493,000 after buying an additional 13,800 shares during the period. Finally, Certified Advisory Corp raised its holdings in shares of SPDR Portfolio S&P 500 Value ETF by 4.4% during the third quarter. Certified Advisory Corp now owns 64,684 shares of the company’s stock valued at $3,419,000 after acquiring an additional 2,715 shares during the period.

SPDR Portfolio S&P 500 Value ETF Trading Up 0.8 %

Shares of SPYV stock opened at $52.03 on Monday. SPDR Portfolio S&P 500 Value ETF has a 1-year low of $47.22 and a 1-year high of $55.42. The stock’s fifty day simple moving average is $52.12 and its 200-day simple moving average is $52.65. The company has a market capitalization of $25.25 billion, a price-to-earnings ratio of 22.42 and a beta of 0.95.

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.