Tennessee Valley Asset Management Partners increased its position in shares of SPDR Portfolio S&P 500 Value ETF (NYSEARCA:SPYV – Free Report) by 3.1% in the 4th quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 735,506 shares of the company’s stock after acquiring an additional 22,232 shares during the quarter. SPDR Portfolio S&P 500 Value ETF comprises 5.4% of Tennessee Valley Asset Management Partners’ holdings, making the stock its 4th biggest position. Tennessee Valley Asset Management Partners owned 0.13% of SPDR Portfolio S&P 500 Value ETF worth $41,784,000 at the end of the most recent reporting period.
A number of other hedge funds have also bought and sold shares of the stock. Stephens Inc. AR increased its stake in SPDR Portfolio S&P 500 Value ETF by 3.6% during the 4th quarter. Stephens Inc. AR now owns 253,717 shares of the company’s stock valued at $14,414,000 after purchasing an additional 8,827 shares in the last quarter. AlphaCore Capital LLC increased its stake in SPDR Portfolio S&P 500 Value ETF by 60.9% during the 4th quarter. AlphaCore Capital LLC now owns 9,942 shares of the company’s stock valued at $565,000 after purchasing an additional 3,763 shares in the last quarter. Compton Financial Group LLC increased its stake in SPDR Portfolio S&P 500 Value ETF by 43.5% during the 4th quarter. Compton Financial Group LLC now owns 1,434,747 shares of the company’s stock valued at $81,508,000 after purchasing an additional 434,764 shares in the last quarter. PAX Financial Group LLC increased its stake in SPDR Portfolio S&P 500 Value ETF by 1.6% during the 4th quarter. PAX Financial Group LLC now owns 151,669 shares of the company’s stock valued at $8,616,000 after purchasing an additional 2,446 shares in the last quarter. Finally, Legacy Financial Group LLC increased its stake in SPDR Portfolio S&P 500 Value ETF by 3.7% during the 4th quarter. Legacy Financial Group LLC now owns 247,196 shares of the company’s stock valued at $14,632,000 after purchasing an additional 8,928 shares in the last quarter.
SPDR Portfolio S&P 500 Value ETF Trading Down 0.7%
Shares of SPDR Portfolio S&P 500 Value ETF stock opened at $59.88 on Friday. SPDR Portfolio S&P 500 Value ETF has a 12-month low of $49.68 and a 12-month high of $60.51. The firm has a market capitalization of $33.65 billion, a price-to-earnings ratio of 20.50 and a beta of 0.82. The firm’s 50 day simple moving average is $58.06 and its two-hundred day simple moving average is $57.67.
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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