SteelPeak Wealth LLC Raises Stock Position in SPDR Portfolio S&P 500 Value ETF $SPYV

SteelPeak Wealth LLC lifted its stake in SPDR Portfolio S&P 500 Value ETF (NYSEARCA:SPYV) by 271.2% in the 1st quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 105,113 shares of the company’s stock after purchasing an additional 76,796 shares during the period. SteelPeak Wealth LLC’s holdings in SPDR Portfolio S&P 500 Value ETF were worth $5,947,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also recently modified their holdings of the stock. Key Capital Management INC bought a new position in SPDR Portfolio S&P 500 Value ETF in the fourth quarter worth about $25,000. Highline Wealth Partners LLC boosted its position in SPDR Portfolio S&P 500 Value ETF by 229.2% during the 4th quarter. Highline Wealth Partners LLC now owns 451 shares of the company’s stock valued at $26,000 after acquiring an additional 314 shares in the last quarter. Thurston Springer Miller Herd & Titak Inc. bought a new stake in SPDR Portfolio S&P 500 Value ETF during the 4th quarter valued at approximately $26,000. Meramec Financial Planners LLC bought a new stake in SPDR Portfolio S&P 500 Value ETF during the 1st quarter valued at approximately $28,000. Finally, CENTRAL TRUST Co grew its holdings in shares of SPDR Portfolio S&P 500 Value ETF by 191.2% during the 4th quarter. CENTRAL TRUST Co now owns 527 shares of the company’s stock worth $30,000 after acquiring an additional 346 shares during the period.

SPDR Portfolio S&P 500 Value ETF Stock Performance

Shares of NYSEARCA:SPYV opened at $62.24 on Friday. SPDR Portfolio S&P 500 Value ETF has a 52-week low of $51.97 and a 52-week high of $62.24. The firm has a market capitalization of $36.21 billion, a P/E ratio of 20.50 and a beta of 0.82. The stock has a 50 day moving average price of $60.94 and a 200-day moving average price of $59.11.

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.