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

Wealthspire Advisors LLC raised its stake in shares of SPDR Portfolio S&P 500 Value ETF (NYSEARCA:SPYV) by 65.3% during the fourth quarter, Holdings Channel reports. The firm owned 47,282 shares of the company’s stock after buying an additional 18,672 shares during the quarter. Wealthspire Advisors LLC’s holdings in SPDR Portfolio S&P 500 Value ETF were worth $2,418,000 at the end of the most recent quarter.

A number of other hedge funds have also added to or reduced their stakes in SPYV. SOA Wealth Advisors LLC. grew its position in shares of SPDR Portfolio S&P 500 Value ETF by 40.1% in the 3rd quarter. SOA Wealth Advisors LLC. now owns 153,126 shares of the company’s stock worth $8,094,000 after buying an additional 43,857 shares during the period. Blue Trust Inc. boosted its stake in SPDR Portfolio S&P 500 Value ETF by 38.5% in the 3rd quarter. Blue Trust Inc. now owns 1,864 shares of the company’s stock worth $91,000 after purchasing an additional 518 shares in the last quarter. Signaturefd LLC lifted its stake in SPDR Portfolio S&P 500 Value ETF by 23.6% during the 3rd quarter. Signaturefd LLC now owns 5,222 shares of the company’s stock valued at $276,000 after acquiring an additional 996 shares during the period. CENTRAL TRUST Co lifted its stake 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. Finally, PFG Investments LLC lifted its stake in SPDR Portfolio S&P 500 Value ETF by 32.6% during the 3rd quarter. PFG Investments LLC now owns 14,086 shares of the company’s stock valued at $745,000 after acquiring an additional 3,461 shares during the period.

SPDR Portfolio S&P 500 Value ETF Stock Performance

SPYV opened at $52.66 on Monday. The stock has a market capitalization of $25.56 billion, a P/E ratio of 22.42 and a beta of 0.95. The company’s 50-day simple moving average is $52.04 and its two-hundred day simple moving average is $52.53. SPDR Portfolio S&P 500 Value ETF has a 52-week low of $47.22 and a 52-week high of $55.42.

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.