Foronjy Financial LLC increased its holdings in SPDR Portfolio S&P 500 Value ETF (NYSEARCA:SPYV – Free Report) by 14.9% during the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund owned 180,359 shares of the company’s stock after buying an additional 23,400 shares during the quarter. SPDR Portfolio S&P 500 Value ETF accounts for about 4.3% of Foronjy Financial LLC’s investment portfolio, making the stock its 7th largest position. Foronjy Financial LLC’s holdings in SPDR Portfolio S&P 500 Value ETF were worth $10,246,000 at the end of the most recent quarter.
A number of other institutional investors and hedge funds also recently made changes to their positions in SPYV. Key Capital Management INC purchased a new position in shares of SPDR Portfolio S&P 500 Value ETF in the fourth quarter worth approximately $25,000. Highline Wealth Partners LLC boosted its holdings in shares of 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 buying an additional 314 shares during the last quarter. Thurston Springer Miller Herd & Titak Inc. purchased a new position in shares of SPDR Portfolio S&P 500 Value ETF in the fourth quarter worth approximately $26,000. Abich Financial Wealth Management LLC purchased a new position in shares of SPDR Portfolio S&P 500 Value ETF in the third quarter worth approximately $27,000. Finally, Triumph Capital Management purchased a new position in shares of SPDR Portfolio S&P 500 Value ETF in the third quarter worth approximately $30,000.
SPDR Portfolio S&P 500 Value ETF Trading Down 0.6%
SPYV opened at $59.50 on Tuesday. The company has a market cap of $33.44 billion, a price-to-earnings ratio of 20.50 and a beta of 0.82. The company’s 50 day moving average is $57.90 and its 200 day moving average is $57.40. SPDR Portfolio S&P 500 Value ETF has a 12-month low of $49.08 and a 12-month high of $60.34.
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. 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.
Further Reading
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