TPG Financial Advisors LLC Buys 49,373 Shares of SPDR Portfolio S&P 500 Value ETF $SPYV

TPG Financial Advisors LLC lifted its stake in SPDR Portfolio S&P 500 Value ETF (NYSEARCA:SPYV) by 15.0% in the fourth quarter, HoldingsChannel reports. The institutional investor owned 377,965 shares of the company’s stock after buying an additional 49,373 shares during the quarter. SPDR Portfolio S&P 500 Value ETF makes up about 7.2% of TPG Financial Advisors LLC’s holdings, making the stock its 3rd biggest holding. TPG Financial Advisors LLC’s holdings in SPDR Portfolio S&P 500 Value ETF were worth $21,472,000 as of its most recent filing with the Securities and Exchange Commission.

Other hedge funds and other institutional investors have also modified their holdings of the company. ERn Financial LLC lifted its holdings in shares of SPDR Portfolio S&P 500 Value ETF by 11.2% during the third quarter. ERn Financial LLC now owns 644,527 shares of the company’s stock valued at $35,662,000 after acquiring an additional 64,828 shares during the period. Asempa Wealth Advisors bought a new stake in shares of SPDR Portfolio S&P 500 Value ETF in the 4th quarter worth about $945,000. Destiny Capital Corp CO increased its position in shares of SPDR Portfolio S&P 500 Value ETF by 7.4% during the 3rd quarter. Destiny Capital Corp CO now owns 357,542 shares of the company’s stock worth $19,783,000 after purchasing an additional 24,508 shares in the last quarter. AE Wealth Management LLC lifted its holdings in SPDR Portfolio S&P 500 Value ETF by 19.5% during the 3rd quarter. AE Wealth Management LLC now owns 3,117,992 shares of the company’s stock valued at $172,519,000 after purchasing an additional 509,151 shares during the last quarter. Finally, Slagle Financial LLC boosted its position in SPDR Portfolio S&P 500 Value ETF by 30.0% in the third quarter. Slagle Financial LLC now owns 42,654 shares of the company’s stock valued at $2,360,000 after buying an additional 9,831 shares in the last quarter.

SPDR Portfolio S&P 500 Value ETF Trading Down 0.2%

NYSEARCA SPYV opened at $60.11 on Wednesday. SPDR Portfolio S&P 500 Value ETF has a 1-year low of $49.68 and a 1-year high of $60.51. The company has a 50 day moving average of $58.14 and a 200-day moving average of $57.73. The firm has a market cap of $33.78 billion, a price-to-earnings ratio of 20.50 and a beta of 0.82.

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.