SFG Wealth Management LLC. Increases Stock Position in SPDR Portfolio S&P 500 Value ETF (NYSEARCA:SPYV)

SFG Wealth Management LLC. boosted its holdings in SPDR Portfolio S&P 500 Value ETF (NYSEARCA:SPYV) by 28.0% in the fourth quarter, Holdings Channel reports. The institutional investor owned 5,645 shares of the company’s stock after acquiring an additional 1,235 shares during the quarter. SFG Wealth Management LLC.’s holdings in SPDR Portfolio S&P 500 Value ETF were worth $289,000 as of its most recent filing with the Securities and Exchange Commission.

Other hedge funds and other institutional investors have also bought and sold shares of the company. LPL Financial LLC grew its position in shares of SPDR Portfolio S&P 500 Value ETF by 8.8% in the third quarter. LPL Financial LLC now owns 39,150,619 shares of the company’s stock valued at $2,069,502,000 after purchasing an additional 3,176,679 shares in the last quarter. Allworth Financial LP grew its holdings in SPDR Portfolio S&P 500 Value ETF by 2.3% during the 3rd quarter. Allworth Financial LP now owns 20,300,686 shares of the company’s stock valued at $1,073,094,000 after buying an additional 461,035 shares in the last quarter. Valmark Advisers Inc. grew its holdings in SPDR Portfolio S&P 500 Value ETF by 1.9% during the 3rd quarter. Valmark Advisers Inc. now owns 7,491,869 shares of the company’s stock valued at $396,020,000 after buying an additional 140,498 shares in the last quarter. JPMorgan Chase & Co. increased its position in shares of SPDR Portfolio S&P 500 Value ETF by 5.4% during the third quarter. JPMorgan Chase & Co. now owns 5,569,723 shares of the company’s stock valued at $294,416,000 after buying an additional 286,795 shares during the period. Finally, Advisory Alpha LLC lifted its holdings in shares of SPDR Portfolio S&P 500 Value ETF by 13.2% in the second quarter. Advisory Alpha LLC now owns 4,388,367 shares of the company’s stock worth $213,893,000 after buying an additional 512,054 shares in the last quarter.

SPDR Portfolio S&P 500 Value ETF Trading Up 0.7 %

SPDR Portfolio S&P 500 Value ETF stock opened at $52.01 on Monday. SPDR Portfolio S&P 500 Value ETF has a 1-year low of $45.64 and a 1-year high of $55.42. The firm has a market capitalization of $22.54 billion, a PE ratio of 24.09 and a beta of 0.81. The firm’s 50 day simple moving average is $52.82 and its 200 day simple moving average is $52.05.

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.