IFG Advisory LLC Boosts Stake in SPDR Portfolio S&P 500 Value ETF $SPYV

IFG Advisory LLC increased its position in SPDR Portfolio S&P 500 Value ETF (NYSEARCA:SPYV) by 11.3% in the 4th quarter, according to its most recent filing with the SEC. The fund owned 313,783 shares of the company’s stock after purchasing an additional 31,925 shares during the period. SPDR Portfolio S&P 500 Value ETF accounts for about 0.8% of IFG Advisory LLC’s holdings, making the stock its 19th biggest holding. IFG Advisory LLC’s holdings in SPDR Portfolio S&P 500 Value ETF were worth $17,826,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also made changes to their positions in the company. Key Capital Management INC purchased a new stake in shares of SPDR Portfolio S&P 500 Value ETF in the 4th quarter valued at about $25,000. Highline Wealth Partners LLC raised its holdings in shares of SPDR Portfolio S&P 500 Value ETF by 229.2% in the fourth quarter. Highline Wealth Partners LLC now owns 451 shares of the company’s stock valued at $26,000 after buying an additional 314 shares during the last quarter. Thurston Springer Miller Herd & Titak Inc. purchased a new stake in shares of SPDR Portfolio S&P 500 Value ETF in the fourth quarter valued at about $26,000. Abich Financial Wealth Management LLC purchased a new stake in shares of SPDR Portfolio S&P 500 Value ETF in the third quarter valued at about $27,000. Finally, Triumph Capital Management purchased a new stake in shares of SPDR Portfolio S&P 500 Value ETF in the third quarter valued at about $30,000.

SPDR Portfolio S&P 500 Value ETF Stock Performance

Shares of NYSEARCA:SPYV opened at $61.09 on Thursday. The company has a 50-day simple moving average of $58.57 and a 200-day simple moving average of $57.95. SPDR Portfolio S&P 500 Value ETF has a one year low of $50.27 and a one year high of $61.33. The stock has a market capitalization of $34.33 billion, a price-to-earnings ratio of 20.50 and a beta of 0.82.

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. 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.