Wealth Enhancement Trust Services Inc. Makes New Investment in SPDR Portfolio S&P 500 Value ETF $SPYV

Wealth Enhancement Trust Services Inc. acquired a new position in SPDR Portfolio S&P 500 Value ETF (NYSEARCA:SPYV) during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund acquired 9,794 shares of the company’s stock, valued at approximately $556,000.

Other institutional investors and hedge funds also recently bought and sold shares of the company. Key Capital Management INC acquired a new position in SPDR Portfolio S&P 500 Value ETF in the fourth quarter worth $25,000. Highline Wealth Partners LLC boosted its stake in SPDR Portfolio S&P 500 Value ETF by 229.2% in the fourth quarter. Highline Wealth Partners LLC now owns 451 shares of the company’s stock worth $26,000 after purchasing an additional 314 shares in the last quarter. Thurston Springer Miller Herd & Titak Inc. bought a new stake in shares of SPDR Portfolio S&P 500 Value ETF during the fourth quarter worth $26,000. Abich Financial Wealth Management LLC bought a new stake in shares of SPDR Portfolio S&P 500 Value ETF during the third quarter worth $27,000. Finally, Triumph Capital Management bought a new stake in shares of SPDR Portfolio S&P 500 Value ETF during the third quarter worth $30,000.

SPDR Portfolio S&P 500 Value ETF Price Performance

SPYV stock opened at $59.17 on Monday. The company has a market cap of $33.25 billion, a P/E ratio of 20.50 and a beta of 0.84. SPDR Portfolio S&P 500 Value ETF has a twelve month low of $46.18 and a twelve month high of $59.75. The business has a fifty day moving average of $57.89 and a 200-day moving average of $57.16.

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. The selection universe for the S&P 500 Index includes all United States common equities listed on the New York Stock Exchange, National Association of Securities Dealers Automated Quotation (NASDAQ) Global Select Market, NASDAQ Select Market and NASDAQ Capital Market with market capitalizations of $3.5 billion or more.