MBE Wealth Management LLC Raises Position in SPDR Portfolio S&P 500 Value ETF (NYSEARCA:SPYV)

MBE Wealth Management LLC raised its holdings in shares of SPDR Portfolio S&P 500 Value ETF (NYSEARCA:SPYV) by 1.8% during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 457,321 shares of the company’s stock after acquiring an additional 7,967 shares during the quarter. SPDR Portfolio S&P 500 Value ETF comprises approximately 13.2% of MBE Wealth Management LLC’s portfolio, making the stock its 3rd biggest holding. MBE Wealth Management LLC’s holdings in SPDR Portfolio S&P 500 Value ETF were worth $23,387,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also bought and sold shares of the company. CENTRAL TRUST Co raised its holdings in SPDR Portfolio S&P 500 Value ETF by 199.4% during the 3rd quarter. CENTRAL TRUST Co now owns 491 shares of the company’s stock valued at $26,000 after acquiring an additional 327 shares during the period. Park Place Capital Corp bought a new position in shares of SPDR Portfolio S&P 500 Value ETF in the fourth quarter worth $31,000. ORG Wealth Partners LLC bought a new position in shares of SPDR Portfolio S&P 500 Value ETF in the third quarter worth $33,000. Legacy Investment Solutions LLC bought a new position in shares of SPDR Portfolio S&P 500 Value ETF in the third quarter worth $37,000. Finally, MassMutual Private Wealth & Trust FSB bought a new position in shares of SPDR Portfolio S&P 500 Value ETF in the fourth quarter worth $44,000.

SPDR Portfolio S&P 500 Value ETF Stock Performance

SPDR Portfolio S&P 500 Value ETF stock opened at $53.10 on Tuesday. The stock has a market cap of $23.01 billion, a P/E ratio of 24.09 and a beta of 0.81. SPDR Portfolio S&P 500 Value ETF has a fifty-two week low of $46.42 and a fifty-two week high of $55.42. The firm’s fifty day moving average price is $52.67 and its 200-day moving average price is $52.17.

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.