Gerber Kawasaki Wealth & Investment Management boosted its stake in SPDR Portfolio S&P 500 Value ETF (NYSEARCA:SPYV – Free Report) by 4.7% in the 3rd quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 2,819,507 shares of the company’s stock after buying an additional 126,352 shares during the period. SPDR Portfolio S&P 500 Value ETF accounts for approximately 4.4% of Gerber Kawasaki Wealth & Investment Management’s portfolio, making the stock its 4th largest position. Gerber Kawasaki Wealth & Investment Management’s holdings in SPDR Portfolio S&P 500 Value ETF were worth $172,356,000 at the end of the most recent reporting period.
Several other large investors have also bought and sold shares of the company. Avior Wealth Management LLC purchased a new stake in SPDR Portfolio S&P 500 Value ETF in the third quarter worth $46,088,000. Waller Financial Planning Group Inc. lifted its position in SPDR Portfolio S&P 500 Value ETF by 6.2% during the third quarter. Waller Financial Planning Group Inc. now owns 613,847 shares of the company’s stock valued at $37,524,000 after buying an additional 36,059 shares during the period. Tidal Investments LLC lifted its position in SPDR Portfolio S&P 500 Value ETF by 45.2% during the second quarter. Tidal Investments LLC now owns 29,874 shares of the company’s stock valued at $1,816,000 after buying an additional 9,296 shares during the period. Mather Group LLC. bought a new stake in shares of SPDR Portfolio S&P 500 Value ETF during the 3rd quarter valued at $621,000. Finally, Evergreen Capital Management LLC bought a new stake in shares of SPDR Portfolio S&P 500 Value ETF during the 3rd quarter valued at $640,000.
SPDR Portfolio S&P 500 Value ETF Price Performance
NYSEARCA:SPYV opened at $64.22 on Tuesday. The firm’s 50-day moving average price is $62.90 and its 200-day moving average price is $60.61. The company has a market capitalization of $38.86 billion, a PE ratio of 20.50 and a beta of 0.82. SPDR Portfolio S&P 500 Value ETF has a 1-year low of $54.44 and a 1-year high of $64.64.
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.
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