Red Tortoise LLC Has $3.39 Million Position in SPDR Portfolio S&P 500 Value ETF (NYSEARCA:SPYV)

Red Tortoise LLC raised its position in SPDR Portfolio S&P 500 Value ETF (NYSEARCA:SPYV) by 6.1% in the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 72,598 shares of the company’s stock after acquiring an additional 4,174 shares during the quarter. SPDR Portfolio S&P 500 Value ETF makes up about 1.9% of Red Tortoise LLC’s investment portfolio, making the stock its 15th largest holding. Red Tortoise LLC’s holdings in SPDR Portfolio S&P 500 Value ETF were worth $3,385,000 at the end of the most recent reporting period.

Other hedge funds also recently modified their holdings of the company. Lynch & Associates IN raised its position in shares of SPDR Portfolio S&P 500 Value ETF by 0.3% in the 4th quarter. Lynch & Associates IN now owns 131,478 shares of the company’s stock valued at $6,131,000 after buying an additional 386 shares in the last quarter. Stone Point Wealth LLC boosted its stake in SPDR Portfolio S&P 500 Value ETF by 2.9% during the fourth quarter. Stone Point Wealth LLC now owns 190,619 shares of the company’s stock worth $8,889,000 after acquiring an additional 5,427 shares in the last quarter. Flputnam Investment Management Co. boosted its stake in SPDR Portfolio S&P 500 Value ETF by 245.8% during the fourth quarter. Flputnam Investment Management Co. now owns 1,651,630 shares of the company’s stock worth $77,015,000 after acquiring an additional 1,174,068 shares in the last quarter. BKM Wealth Management LLC bought a new position in SPDR Portfolio S&P 500 Value ETF during the fourth quarter worth $26,000. Finally, IFG Advisory LLC raised its holdings in SPDR Portfolio S&P 500 Value ETF by 7.3% during the fourth quarter. IFG Advisory LLC now owns 137,278 shares of the company’s stock worth $6,403,000 after buying an additional 9,323 shares during the last quarter.

SPDR Portfolio S&P 500 Value ETF Stock Down 0.1 %

SPYV traded down $0.05 during trading on Wednesday, hitting $47.36. 2,222,297 shares of the company’s stock were exchanged, compared to its average volume of 2,690,944. The business’s 50 day moving average is $48.50 and its two-hundred day moving average is $45.72. The stock has a market cap of $20.30 billion, a P/E ratio of 23.06 and a beta of 0.88. SPDR Portfolio S&P 500 Value ETF has a fifty-two week low of $39.51 and a fifty-two week high of $50.20.

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.