Collaborative Wealth Managment Inc. lowered its holdings in shares of SPDR Portfolio S&P 500 Value ETF (NYSEARCA:SPYV – Free Report) by 44.9% in the first quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 105,937 shares of the company’s stock after selling 86,293 shares during the period. SPDR Portfolio S&P 500 Value ETF accounts for 2.8% of Collaborative Wealth Managment Inc.’s investment portfolio, making the stock its 9th largest holding. Collaborative Wealth Managment Inc.’s holdings in SPDR Portfolio S&P 500 Value ETF were worth $5,994,000 as of its most recent SEC filing.
Several other hedge funds and other institutional investors also recently bought and sold shares of the business. Geneos Wealth Management Inc. increased its stake in SPDR Portfolio S&P 500 Value ETF by 0.6% in the first quarter. Geneos Wealth Management Inc. now owns 591,221 shares of the company’s stock valued at $33,451,000 after purchasing an additional 3,673 shares during the period. SouthState Bank Corp purchased a new position in shares of SPDR Portfolio S&P 500 Value ETF during the first quarter worth about $57,000. Fell Capital Management ADV increased its position in SPDR Portfolio S&P 500 Value ETF by 62.8% in the 1st quarter. Fell Capital Management ADV now owns 40,059 shares of the company’s stock valued at $2,267,000 after acquiring an additional 15,447 shares during the period. Avantax Planning Partners Inc. increased its position in SPDR Portfolio S&P 500 Value ETF by 0.9% in the 1st quarter. Avantax Planning Partners Inc. now owns 544,900 shares of the company’s stock valued at $30,830,000 after acquiring an additional 4,893 shares during the period. Finally, Milestones Private Investment Advisors LLC raised its stake in SPDR Portfolio S&P 500 Value ETF by 8.4% during the 1st quarter. Milestones Private Investment Advisors LLC now owns 38,629 shares of the company’s stock valued at $2,186,000 after acquiring an additional 3,004 shares during the last quarter.
SPDR Portfolio S&P 500 Value ETF Stock Up 0.2%
SPYV opened at $61.69 on Thursday. SPDR Portfolio S&P 500 Value ETF has a 52 week low of $51.97 and a 52 week high of $62.19. The business has a 50 day moving average price of $60.90 and a two-hundred day moving average price of $59.08. The company has a market cap of $35.89 billion, a PE ratio of 20.50 and a beta of 0.82.
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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