Macco Financial Group Inc. Makes New $5.06 Million Investment in SPDR Portfolio S&P 500 Value ETF $SPYV

Macco Financial Group Inc. acquired a new position in SPDR Portfolio S&P 500 Value ETF (NYSEARCA:SPYV) in the 4th quarter, Holdings Channel reports. The firm acquired 89,048 shares of the company’s stock, valued at approximately $5,059,000. SPDR Portfolio S&P 500 Value ETF comprises approximately 4.3% of Macco Financial Group Inc.’s holdings, making the stock its 8th biggest holding.

Other hedge funds have also made changes to their positions in the company. Empirical Asset Management LLC lifted its holdings in shares of SPDR Portfolio S&P 500 Value ETF by 1.5% during the 4th quarter. Empirical Asset Management LLC now owns 12,628 shares of the company’s stock valued at $717,000 after acquiring an additional 183 shares in the last quarter. Fiduciary Group LLC boosted its position in SPDR Portfolio S&P 500 Value ETF by 3.8% during the 3rd quarter. Fiduciary Group LLC now owns 5,070 shares of the company’s stock worth $281,000 after purchasing an additional 185 shares during the period. Principle Wealth Partners LLC increased its holdings in SPDR Portfolio S&P 500 Value ETF by 4.2% in the 4th quarter. Principle Wealth Partners LLC now owns 4,725 shares of the company’s stock valued at $268,000 after purchasing an additional 191 shares in the last quarter. Note Advisors LLC increased its holdings in SPDR Portfolio S&P 500 Value ETF by 4.9% in the 3rd quarter. Note Advisors LLC now owns 4,145 shares of the company’s stock valued at $229,000 after purchasing an additional 195 shares in the last quarter. Finally, Hantz Financial Services Inc. raised its position in SPDR Portfolio S&P 500 Value ETF by 11.2% in the fourth quarter. Hantz Financial Services Inc. now owns 2,118 shares of the company’s stock valued at $120,000 after purchasing an additional 213 shares during the period.

SPDR Portfolio S&P 500 Value ETF Price Performance

NYSEARCA:SPYV opened at $60.87 on Friday. The business’s 50-day moving average is $60.01 and its two-hundred day moving average is $58.51. The firm has a market capitalization of $34.21 billion, a PE ratio of 20.50 and a beta of 0.82. SPDR Portfolio S&P 500 Value ETF has a 12 month low of $50.82 and a 12 month high of $61.87.

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.