SPDR Portfolio S&P 500 Value ETF (NYSEARCA:SPYV) Position Boosted by Western Wealth Management LLC

Western Wealth Management LLC grew its holdings in shares of SPDR Portfolio S&P 500 Value ETF (NYSEARCA:SPYV) by 25.0% during the 4th quarter, according to its most recent Form 13F filing with the SEC. The firm owned 485,236 shares of the company’s stock after buying an additional 97,202 shares during the period. SPDR Portfolio S&P 500 Value ETF accounts for 1.6% of Western Wealth Management LLC’s portfolio, making the stock its 5th biggest position. Western Wealth Management LLC owned approximately 0.13% of SPDR Portfolio S&P 500 Value ETF worth $22,627,000 as of its most recent SEC filing.

Several other hedge funds have also recently made changes to their positions in SPYV. Xponance Inc. bought a new stake in shares of SPDR Portfolio S&P 500 Value ETF during the fourth quarter valued at approximately $451,000. Red Tortoise LLC boosted its holdings in SPDR Portfolio S&P 500 Value ETF by 6.1% in the fourth quarter. Red Tortoise LLC now owns 72,598 shares of the company’s stock worth $3,385,000 after acquiring an additional 4,174 shares in the last quarter. Key Financial Inc boosted its holdings in SPDR Portfolio S&P 500 Value ETF by 13.4% in the fourth quarter. Key Financial Inc now owns 140,362 shares of the company’s stock worth $6,545,000 after acquiring an additional 16,577 shares in the last quarter. Phoenix Wealth Advisors boosted its holdings in SPDR Portfolio S&P 500 Value ETF by 59.1% in the fourth quarter. Phoenix Wealth Advisors now owns 59,108 shares of the company’s stock worth $2,774,000 after acquiring an additional 21,967 shares in the last quarter. Finally, Arbor Trust Wealth Advisors LLC bought a new position in shares of SPDR Portfolio S&P 500 Value ETF during the fourth quarter valued at $969,000.

SPDR Portfolio S&P 500 Value ETF Stock Performance

Shares of NYSEARCA:SPYV traded up $0.10 during midday trading on Thursday, reaching $47.47. 1,990,962 shares of the company’s stock traded hands, compared to its average volume of 2,681,608. The company has a market cap of $20.34 billion, a price-to-earnings ratio of 23.06 and a beta of 0.88. SPDR Portfolio S&P 500 Value ETF has a one year low of $39.51 and a one year high of $50.20. The stock has a 50 day moving average of $48.50 and a 200 day moving average of $45.73.

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.