Focus Partners Wealth Has $9.73 Million Stake in SPDR Portfolio S&P 500 Value ETF (NYSEARCA:SPYV)

Focus Partners Wealth grew its holdings in SPDR Portfolio S&P 500 Value ETF (NYSEARCA:SPYV) by 8.8% in the fourth quarter, HoldingsChannel.com reports. The institutional investor owned 189,635 shares of the company’s stock after acquiring an additional 15,324 shares during the period. Focus Partners Wealth’s holdings in SPDR Portfolio S&P 500 Value ETF were worth $9,730,000 as of its most recent filing with the Securities & Exchange Commission.

Several other hedge funds have also added to or reduced their stakes in SPYV. Donaldson Capital Management LLC acquired a new position in SPDR Portfolio S&P 500 Value ETF in the 4th quarter valued at $221,000. JPMorgan Chase & Co. grew its position in SPDR Portfolio S&P 500 Value ETF by 5.4% during the 3rd quarter. JPMorgan Chase & Co. now owns 5,569,723 shares of the company’s stock worth $294,416,000 after acquiring an additional 286,795 shares during the last quarter. Harbour Investments Inc. lifted its holdings in SPDR Portfolio S&P 500 Value ETF by 7.9% during the 4th quarter. Harbour Investments Inc. now owns 93,341 shares of the company’s stock worth $4,773,000 after buying an additional 6,822 shares during the period. Hobart Private Capital LLC lifted its holdings in SPDR Portfolio S&P 500 Value ETF by 1.2% during the 4th quarter. Hobart Private Capital LLC now owns 163,808 shares of the company’s stock worth $8,377,000 after buying an additional 1,881 shares during the period. Finally, Wrapmanager Inc. lifted its holdings in SPDR Portfolio S&P 500 Value ETF by 0.6% during the 4th quarter. Wrapmanager Inc. now owns 208,554 shares of the company’s stock worth $10,665,000 after buying an additional 1,214 shares during the period.

SPDR Portfolio S&P 500 Value ETF Trading Up 2.7%

Shares of SPYV opened at $51.04 on Tuesday. The company has a market capitalization of $25.69 billion, a PE ratio of 21.00 and a beta of 0.89. SPDR Portfolio S&P 500 Value ETF has a 12 month low of $44.39 and a 12 month high of $55.42. The stock’s 50-day moving average price is $49.38 and its two-hundred day moving average price is $51.56.

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.