Town Capital LLC grew its holdings in shares of SPDR Portfolio S&P 500 Value ETF (NYSEARCA:SPYV – Free Report) by 104.0% in the first quarter, HoldingsChannel.com reports. The fund owned 169,388 shares of the company’s stock after purchasing an additional 86,373 shares during the period. SPDR Portfolio S&P 500 Value ETF accounts for about 7.8% of Town Capital LLC’s investment portfolio, making the stock its 2nd largest holding. Town Capital LLC’s holdings in SPDR Portfolio S&P 500 Value ETF were worth $9,584,000 at the end of the most recent quarter.
Several other hedge funds and other institutional investors also recently modified their holdings of SPYV. Key Capital Management INC bought a new position in shares of SPDR Portfolio S&P 500 Value ETF in the fourth quarter worth approximately $25,000. Thurston Springer Miller Herd & Titak Inc. bought a new stake in SPDR Portfolio S&P 500 Value ETF during the fourth quarter valued at approximately $26,000. Meramec Financial Planners LLC bought a new stake in SPDR Portfolio S&P 500 Value ETF during the first quarter valued at approximately $28,000. Signature Equity Partners LLC grew its stake in SPDR Portfolio S&P 500 Value ETF by 163.2% in the 1st quarter. Signature Equity Partners LLC now owns 500 shares of the company’s stock worth $28,000 after buying an additional 310 shares in the last quarter. Finally, Advisortrust Partners LLC purchased a new position in SPDR Portfolio S&P 500 Value ETF in the 1st quarter worth approximately $29,000.
SPDR Portfolio S&P 500 Value ETF Stock Performance
SPDR Portfolio S&P 500 Value ETF stock opened at $62.06 on Monday. SPDR Portfolio S&P 500 Value ETF has a fifty-two week low of $51.97 and a fifty-two week high of $62.91. The stock has a market cap of $36.18 billion, a P/E ratio of 20.50 and a beta of 0.82. The firm’s fifty day moving average price is $61.31 and its 200-day moving average price is $59.46.
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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Want to see what other hedge funds are holding SPYV? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for SPDR Portfolio S&P 500 Value ETF (NYSEARCA:SPYV – Free Report).
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