Abound Financial LLC Increases Stake in SPDR Portfolio S&P 500 Value ETF $SPYV

Abound Financial LLC lifted its stake in shares of SPDR Portfolio S&P 500 Value ETF (NYSEARCA:SPYV) by 52.6% during the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund owned 436,580 shares of the company’s stock after purchasing an additional 150,439 shares during the quarter. SPDR Portfolio S&P 500 Value ETF accounts for about 5.8% of Abound Financial LLC’s portfolio, making the stock its 6th largest position. Abound Financial LLC’s holdings in SPDR Portfolio S&P 500 Value ETF were worth $24,802,000 as of its most recent filing with the Securities and Exchange Commission.

Several other hedge funds and other institutional investors also recently made changes to their positions in SPYV. 71 West Capital Partners bought a new stake in SPDR Portfolio S&P 500 Value ETF during the 4th quarter worth approximately $59,561,000. TritonPoint Partners LLC bought a new stake in SPDR Portfolio S&P 500 Value ETF during the 4th quarter worth approximately $4,042,000. Perryman Financial Advisory Inc. AD bought a new stake in SPDR Portfolio S&P 500 Value ETF during the 4th quarter worth approximately $598,000. Potentia Wealth grew its holdings in SPDR Portfolio S&P 500 Value ETF by 3.1% during the 4th quarter. Potentia Wealth now owns 455,161 shares of the company’s stock worth $25,858,000 after acquiring an additional 13,826 shares during the last quarter. Finally, Retirement Financial Solutions LLC bought a new stake in SPDR Portfolio S&P 500 Value ETF during the 4th quarter worth approximately $5,711,000.

SPDR Portfolio S&P 500 Value ETF Price Performance

SPYV opened at $61.52 on Tuesday. SPDR Portfolio S&P 500 Value ETF has a fifty-two week low of $50.82 and a fifty-two week high of $61.78. The firm has a market capitalization of $34.57 billion, a price-to-earnings ratio of 20.50 and a beta of 0.82. The company’s 50 day moving average price is $59.76 and its two-hundred day moving average price is $58.41.

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.