Inspire Advisors LLC Increases Stock Holdings in SPDR Portfolio S&P 500 Value ETF (NYSEARCA:SPYV)

Inspire Advisors LLC lifted its holdings in shares of SPDR Portfolio S&P 500 Value ETF (NYSEARCA:SPYV) by 5.6% during the fourth quarter, HoldingsChannel.com reports. The fund owned 46,238 shares of the company’s stock after purchasing an additional 2,432 shares during the quarter. Inspire Advisors LLC’s holdings in SPDR Portfolio S&P 500 Value ETF were worth $2,365,000 as of its most recent filing with the Securities and Exchange Commission.

Other hedge funds have also modified their holdings of the company. Park Place Capital Corp purchased a new position in shares of SPDR Portfolio S&P 500 Value ETF during the fourth quarter worth approximately $31,000. Legacy Investment Solutions LLC purchased a new position in shares of SPDR Portfolio S&P 500 Value ETF during the third quarter worth approximately $37,000. Lindbrook Capital LLC grew its position in shares of SPDR Portfolio S&P 500 Value ETF by 224.8% during the fourth quarter. Lindbrook Capital LLC now owns 695 shares of the company’s stock worth $36,000 after acquiring an additional 481 shares during the last quarter. MassMutual Private Wealth & Trust FSB purchased a new position in shares of SPDR Portfolio S&P 500 Value ETF during the fourth quarter worth approximately $44,000. Finally, Crewe Advisors LLC grew its position in shares of SPDR Portfolio S&P 500 Value ETF by 136.9% during the fourth quarter. Crewe Advisors LLC now owns 969 shares of the company’s stock worth $50,000 after acquiring an additional 560 shares during the last quarter.

SPDR Portfolio S&P 500 Value ETF Price Performance

Shares of NYSEARCA SPYV opened at $51.21 on Tuesday. The stock has a fifty day moving average price of $52.12 and a 200 day moving average price of $52.65. SPDR Portfolio S&P 500 Value ETF has a 1-year low of $47.22 and a 1-year high of $55.42. The company has a market cap of $24.85 billion, a PE 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.