SPDR Portfolio S&P 500 Value ETF $SPYV is Private Wealth Group LLC’s 4th Largest Position

Private Wealth Group LLC grew its stake in SPDR Portfolio S&P 500 Value ETF (NYSEARCA:SPYV) by 7.7% in the 2nd quarter, HoldingsChannel reports. The institutional investor owned 221,416 shares of the company’s stock after purchasing an additional 15,842 shares during the period. SPDR Portfolio S&P 500 Value ETF accounts for 5.2% of Private Wealth Group LLC’s portfolio, making the stock its 4th biggest position. Private Wealth Group LLC’s holdings in SPDR Portfolio S&P 500 Value ETF were worth $13,460,000 as of its most recent SEC filing.

A number of other hedge funds have also recently modified their holdings of the stock. Topsail Wealth Management LLC increased its position in SPDR Portfolio S&P 500 Value ETF by 5.3% in the 1st quarter. Topsail Wealth Management LLC now owns 3,450 shares of the company’s stock valued at $195,000 after acquiring an additional 175 shares during the period. SmartHarvest Portfolios LLC boosted its position in SPDR Portfolio S&P 500 Value ETF by 4.6% during the 1st quarter. SmartHarvest Portfolios LLC now owns 4,008 shares of the company’s stock worth $227,000 after acquiring an additional 176 shares during the period. Empirical Asset Management LLC boosted its position in SPDR Portfolio S&P 500 Value ETF by 1.5% during the 4th quarter. Empirical Asset Management LLC now owns 12,628 shares of the company’s stock worth $717,000 after acquiring an additional 183 shares during the period. Principle Wealth Partners LLC grew its stake in shares of SPDR Portfolio S&P 500 Value ETF by 4.2% in the fourth quarter. Principle Wealth Partners LLC now owns 4,725 shares of the company’s stock worth $268,000 after purchasing an additional 191 shares in the last quarter. Finally, Fiduciary Group LLC grew its stake in shares of SPDR Portfolio S&P 500 Value ETF by 3.8% in the fourth quarter. Fiduciary Group LLC now owns 5,264 shares of the company’s stock worth $299,000 after purchasing an additional 194 shares in the last quarter.

SPDR Portfolio S&P 500 Value ETF Stock Performance

Shares of SPYV opened at $63.14 on Friday. The firm has a market capitalization of $36.81 billion, a price-to-earnings ratio of 20.50 and a beta of 0.82. SPDR Portfolio S&P 500 Value ETF has a one year low of $52.97 and a one year high of $63.31. The stock’s fifty day moving average is $61.49 and its 200-day moving average is $59.61.

SPDR Portfolio S&P 500 Value ETF 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.