Macco Financial Group Inc. bought a new stake in SPDR Portfolio S&P 500 Value ETF (NYSEARCA:SPYV – Free Report) in the fourth quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund bought 89,048 shares of the company’s stock, valued at approximately $5,059,000. SPDR Portfolio S&P 500 Value ETF accounts for about 4.3% of Macco Financial Group Inc.’s investment portfolio, making the stock its 8th biggest holding.
Several other institutional investors and hedge funds have also recently bought and sold shares of the stock. Asempa Wealth Advisors purchased a new position in shares of SPDR Portfolio S&P 500 Value ETF in the 4th quarter worth $945,000. ERn Financial LLC boosted its holdings in SPDR Portfolio S&P 500 Value ETF by 4.9% in the fourth quarter. ERn Financial LLC now owns 676,263 shares of the company’s stock valued at $38,419,000 after acquiring an additional 31,736 shares during the last quarter. CIBC Bancorp USA Inc. purchased a new stake in SPDR Portfolio S&P 500 Value ETF during the third quarter valued at about $10,928,000. TIAA Trust National Association grew its position in SPDR Portfolio S&P 500 Value ETF by 13.3% during the third quarter. TIAA Trust National Association now owns 4,330,027 shares of the company’s stock valued at $239,580,000 after acquiring an additional 506,795 shares during the period. Finally, Cobblestone Asset Management LLC grew its position in SPDR Portfolio S&P 500 Value ETF by 44.0% during the fourth quarter. Cobblestone Asset Management LLC now owns 243,084 shares of the company’s stock valued at $13,810,000 after acquiring an additional 74,268 shares during the period.
SPDR Portfolio S&P 500 Value ETF Price Performance
Shares of NYSEARCA:SPYV opened at $60.87 on Friday. The business has a 50-day moving average of $60.01 and a two-hundred day moving average of $58.51. The firm has a market capitalization of $34.21 billion, a PE ratio of 20.50 and a beta of 0.82. SPDR Portfolio S&P 500 Value ETF has a 12 month low of $50.82 and a 12 month high of $61.87.
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. 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.
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