Wealth Management Resources Inc. Buys 25,311 Shares of SPDR Portfolio S&P 500 Value ETF $SPYV

Wealth Management Resources Inc. bought a new stake in shares of SPDR Portfolio S&P 500 Value ETF (NYSEARCA:SPYV) during the 3rd quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm bought 25,311 shares of the company’s stock, valued at approximately $1,547,000. SPDR Portfolio S&P 500 Value ETF makes up approximately 0.5% of Wealth Management Resources Inc.’s holdings, making the stock its 21st largest holding.

Several other institutional investors also recently bought and sold shares of SPYV. Weitzel Financial Services Inc. lifted its position in shares of SPDR Portfolio S&P 500 Value ETF by 0.6% in the third quarter. Weitzel Financial Services Inc. now owns 31,071 shares of the company’s stock worth $1,910,000 after buying an additional 170 shares during the last quarter. Topsail Wealth Management LLC boosted its stake in shares of SPDR Portfolio S&P 500 Value ETF by 5.3% during the 1st quarter. Topsail Wealth Management LLC now owns 3,450 shares of the company’s stock worth $195,000 after acquiring an additional 175 shares in the last quarter. SmartHarvest Portfolios LLC increased its holdings in shares of SPDR Portfolio S&P 500 Value ETF by 4.6% during the 1st quarter. SmartHarvest Portfolios LLC now owns 4,008 shares of the company’s stock valued at $227,000 after acquiring an additional 176 shares during the last quarter. Cornerstone Advisors Asset Management LLC increased its holdings in shares of SPDR Portfolio S&P 500 Value ETF by 0.4% during the 2nd quarter. Cornerstone Advisors Asset Management LLC now owns 40,248 shares of the company’s stock valued at $2,447,000 after acquiring an additional 178 shares during the last quarter. Finally, PMG Wealth Management Inc. increased its holdings in shares of SPDR Portfolio S&P 500 Value ETF by 1.8% during the 1st quarter. PMG Wealth Management Inc. now owns 11,068 shares of the company’s stock valued at $626,000 after acquiring an additional 201 shares during the last quarter.

SPDR Portfolio S&P 500 Value ETF Stock Performance

Shares of SPYV stock opened at $63.55 on Wednesday. The stock’s 50 day simple moving average is $62.80 and its 200 day simple moving average is $61.38. SPDR Portfolio S&P 500 Value ETF has a twelve month low of $54.44 and a twelve month high of $64.26. The company has a market capitalization of $38.09 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.