Collaborative Wealth Managment Inc. Grows Holdings in SPDR Portfolio S&P 500 Value ETF (NYSEARCA:SPYV)

Collaborative Wealth Managment Inc. boosted its stake in SPDR Portfolio S&P 500 Value ETF (NYSEARCA:SPYV) by 1.7% during the 4th quarter, HoldingsChannel.com reports. The fund owned 186,725 shares of the company’s stock after purchasing an additional 3,078 shares during the quarter. SPDR Portfolio S&P 500 Value ETF makes up 4.3% of Collaborative Wealth Managment Inc.’s portfolio, making the stock its biggest holding. Collaborative Wealth Managment Inc.’s holdings in SPDR Portfolio S&P 500 Value ETF were worth $9,549,000 at the end of the most recent reporting period.

Several other large investors have also added to or reduced their stakes in SPYV. Facet Wealth Inc. boosted its holdings in shares of SPDR Portfolio S&P 500 Value ETF by 2.7% during the 4th quarter. Facet Wealth Inc. now owns 728,798 shares of the company’s stock valued at $37,978,000 after buying an additional 19,140 shares in the last quarter. Harbour Investments Inc. boosted its holdings in shares of SPDR Portfolio S&P 500 Value ETF by 7.9% during the 4th quarter. Harbour Investments Inc. now owns 93,341 shares of the company’s stock valued at $4,773,000 after buying an additional 6,822 shares in the last quarter. Envestnet Portfolio Solutions Inc. boosted its holdings in shares of SPDR Portfolio S&P 500 Value ETF by 10.6% during the 4th quarter. Envestnet Portfolio Solutions Inc. now owns 775,552 shares of the company’s stock valued at $39,662,000 after buying an additional 74,056 shares in the last quarter. Choate Investment Advisors bought a new stake in shares of SPDR Portfolio S&P 500 Value ETF during the 4th quarter valued at $216,000. Finally, Diversified Enterprises LLC boosted its holdings in shares of SPDR Portfolio S&P 500 Value ETF by 2.4% during the 4th quarter. Diversified Enterprises LLC now owns 11,304 shares of the company’s stock valued at $578,000 after buying an additional 264 shares in the last quarter.

SPDR Portfolio S&P 500 Value ETF Trading Up 1.7 %

Shares of SPYV stock opened at $50.61 on Friday. SPDR Portfolio S&P 500 Value ETF has a 12 month low of $47.22 and a 12 month high of $55.42. The stock has a market cap of $24.78 billion, a PE ratio of 21.43 and a beta of 0.93. The company’s fifty day moving average price is $52.05 and its 200-day moving average price is $52.60.

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.