TritonPoint Partners LLC Makes New Investment in SPDR Portfolio S&P 500 Value ETF $SPYV

TritonPoint Partners LLC bought a new position in shares of SPDR Portfolio S&P 500 Value ETF (NYSEARCA:SPYV) during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor bought 71,158 shares of the company’s stock, valued at approximately $4,042,000. SPDR Portfolio S&P 500 Value ETF makes up 2.2% of TritonPoint Partners LLC’s holdings, making the stock its 8th biggest position.

A number of other hedge funds and other institutional investors have also modified their holdings of SPYV. Key Capital Management INC acquired a new stake in shares of SPDR Portfolio S&P 500 Value ETF in the 4th quarter valued at $25,000. Highline Wealth Partners LLC raised its holdings in shares of SPDR Portfolio S&P 500 Value ETF by 229.2% in the 4th quarter. Highline Wealth Partners LLC now owns 451 shares of the company’s stock valued at $26,000 after purchasing an additional 314 shares in the last quarter. Thurston Springer Miller Herd & Titak Inc. acquired a new stake in shares of SPDR Portfolio S&P 500 Value ETF in the 4th quarter valued at $26,000. Abich Financial Wealth Management LLC acquired a new stake in shares of SPDR Portfolio S&P 500 Value ETF in the 3rd quarter valued at $27,000. Finally, Triumph Capital Management acquired a new stake in shares of SPDR Portfolio S&P 500 Value ETF in the 3rd quarter valued at $30,000.

SPDR Portfolio S&P 500 Value ETF Stock Performance

Shares of SPYV opened at $61.27 on Monday. SPDR Portfolio S&P 500 Value ETF has a twelve month low of $50.82 and a twelve month high of $61.49. The firm’s fifty day simple moving average is $59.66 and its 200-day simple moving average is $58.38. The firm has a market capitalization of $34.43 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.