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

Connecticut Wealth Management LLC raised its holdings in SPDR Portfolio S&P 500 Value ETF (NYSEARCA:SPYV) by 4.6% in the fourth quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 2,322,228 shares of the company’s stock after acquiring an additional 102,559 shares during the quarter. SPDR Portfolio S&P 500 Value ETF comprises approximately 6.2% of Connecticut Wealth Management LLC’s holdings, making the stock its 2nd largest position. Connecticut Wealth Management LLC owned about 0.62% of SPDR Portfolio S&P 500 Value ETF worth $108,285,000 at the end of the most recent quarter.

Other large investors also recently added to or reduced their stakes in the company. BKM Wealth Management LLC acquired a new stake in SPDR Portfolio S&P 500 Value ETF in the 4th quarter worth approximately $26,000. McGlone Suttner Wealth Management Inc. bought a new stake in shares of SPDR Portfolio S&P 500 Value ETF during the 4th quarter worth $28,000. Sunbelt Securities Inc. grew its stake in SPDR Portfolio S&P 500 Value ETF by 165.5% in the 3rd quarter. Sunbelt Securities Inc. now owns 855 shares of the company’s stock valued at $35,000 after buying an additional 533 shares during the last quarter. Aptus Capital Advisors LLC raised its holdings in SPDR Portfolio S&P 500 Value ETF by 377.4% in the 3rd quarter. Aptus Capital Advisors LLC now owns 931 shares of the company’s stock worth $38,000 after acquiring an additional 736 shares during the period. Finally, First Horizon Advisors Inc. grew its position in shares of SPDR Portfolio S&P 500 Value ETF by 52.5% in the third quarter. First Horizon Advisors Inc. now owns 999 shares of the company’s stock valued at $41,000 after purchasing an additional 344 shares during the last quarter.

SPDR Portfolio S&P 500 Value ETF Price Performance

Shares of NYSEARCA SPYV traded up $0.25 during trading hours on Friday, hitting $48.37. 2,758,145 shares of the company’s stock were exchanged, compared to its average volume of 2,642,535. The company’s 50-day moving average price is $48.68 and its 200-day moving average price is $46.28. SPDR Portfolio S&P 500 Value ETF has a 1-year low of $39.51 and a 1-year high of $50.20. The stock has a market capitalization of $20.84 billion, a price-to-earnings ratio of 23.25 and a beta of 0.84.

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.