Cardinal Strategic Wealth Guidance increased its position in SPDR Portfolio S&P 500 Value ETF (NYSEARCA:SPYV – Free Report) by 4.9% during the first quarter, Holdings Channel reports. The firm owned 338,317 shares of the company’s stock after buying an additional 15,851 shares during the quarter. SPDR Portfolio S&P 500 Value ETF makes up approximately 5.0% of Cardinal Strategic Wealth Guidance’s portfolio, making the stock its 7th largest holding. Cardinal Strategic Wealth Guidance’s holdings in SPDR Portfolio S&P 500 Value ETF were worth $19,142,000 as of its most recent SEC filing.
Several other hedge funds have also bought and sold shares of the company. Asempa Wealth Advisors purchased a new stake in shares of SPDR Portfolio S&P 500 Value ETF in the fourth quarter worth about $945,000. ERn Financial LLC boosted its holdings in SPDR Portfolio S&P 500 Value ETF by 4.9% during the fourth quarter. ERn Financial LLC now owns 676,263 shares of the company’s stock worth $38,419,000 after buying an additional 31,736 shares in the last quarter. Rockefeller Capital Management L.P. grew its position in SPDR Portfolio S&P 500 Value ETF by 7.1% during the fourth quarter. Rockefeller Capital Management L.P. now owns 278,065 shares of the company’s stock valued at $15,797,000 after buying an additional 18,366 shares during the period. CIBC Bancorp USA Inc. acquired a new position in SPDR Portfolio S&P 500 Value ETF in the 3rd quarter worth about $10,928,000. Finally, TIAA Trust National Association increased its position in shares of SPDR Portfolio S&P 500 Value ETF by 13.3% in the third quarter. TIAA Trust National Association now owns 4,330,027 shares of the company’s stock valued at $239,580,000 after buying an additional 506,795 shares in the last quarter.
SPDR Portfolio S&P 500 Value ETF Trading Up 0.1%
NYSEARCA:SPYV opened at $60.60 on Thursday. The stock has a 50 day moving average of $60.23 and a two-hundred day moving average of $58.62. SPDR Portfolio S&P 500 Value ETF has a 12 month low of $51.49 and a 12 month high of $61.87. The firm has a market cap of $34.05 billion, a P/E ratio of 20.50 and a beta of 0.82.
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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