SPDR Portfolio S&P 500 Value ETF $SPYV is Gerber Kawasaki Wealth & Investment Management’s 4th Largest Position

Gerber Kawasaki Wealth & Investment Management lifted its stake in shares of SPDR Portfolio S&P 500 Value ETF (NYSEARCA:SPYV) by 9.4% during the 3rd quarter, according to the company in its most recent 13F filing with the SEC. The firm owned 2,293,918 shares of the company’s stock after buying an additional 197,320 shares during the quarter. SPDR Portfolio S&P 500 Value ETF accounts for approximately 4.4% of Gerber Kawasaki Wealth & Investment Management’s holdings, making the stock its 4th largest holding. Gerber Kawasaki Wealth & Investment Management owned about 0.42% of SPDR Portfolio S&P 500 Value ETF worth $126,922,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also recently bought and sold shares of the company. AQR Capital Management LLC boosted its holdings in SPDR Portfolio S&P 500 Value ETF by 13.9% in the 1st quarter. AQR Capital Management LLC now owns 65,816 shares of the company’s stock worth $3,361,000 after acquiring an additional 8,012 shares during the period. Atlantic Union Bankshares Corp purchased a new stake in shares of SPDR Portfolio S&P 500 Value ETF during the second quarter valued at approximately $36,000. Wedbush Securities Inc. acquired a new position in shares of SPDR Portfolio S&P 500 Value ETF during the second quarter worth $256,000. Legacy Investment Solutions LLC acquired a new position in shares of SPDR Portfolio S&P 500 Value ETF during the second quarter worth $36,000. Finally, 1ST Source Bank boosted its stake in shares of SPDR Portfolio S&P 500 Value ETF by 3.6% in the second quarter. 1ST Source Bank now owns 47,608 shares of the company’s stock valued at $2,492,000 after purchasing an additional 1,644 shares during the period.

SPDR Portfolio S&P 500 Value ETF Trading Down 1.1%

SPYV opened at $57.91 on Monday. The company has a fifty day simple moving average of $58.42 and a 200 day simple moving average of $56.65. The firm has a market cap of $32.27 billion, a price-to-earnings ratio of 20.50 and a beta of 0.89. SPDR Portfolio S&P 500 Value ETF has a twelve month low of $44.39 and a twelve month high of $59.75.

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.