TrueWealth Advisors LLC Buys New Shares in SPDR Portfolio S&P 500 Value ETF $SPYV

TrueWealth Advisors LLC purchased a new stake in SPDR Portfolio S&P 500 Value ETF (NYSEARCA:SPYV) in the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor purchased 104,235 shares of the company’s stock, valued at approximately $5,922,000. SPDR Portfolio S&P 500 Value ETF accounts for about 1.5% of TrueWealth Advisors LLC’s investment portfolio, making the stock its 13th largest position.

Other hedge funds and other institutional investors also recently bought and sold shares of the company. Avior Wealth Management LLC increased its holdings in shares of SPDR Portfolio S&P 500 Value ETF by 4.4% during the 4th quarter. Avior Wealth Management LLC now owns 689,717 shares of the company’s stock worth $39,183,000 after purchasing an additional 29,243 shares during the period. Park Avenue Securities LLC lifted its stake in shares of SPDR Portfolio S&P 500 Value ETF by 64.9% in the fourth quarter. Park Avenue Securities LLC now owns 272,889 shares of the company’s stock valued at $15,503,000 after buying an additional 107,446 shares during the period. CGN Advisors LLC lifted its stake in shares of SPDR Portfolio S&P 500 Value ETF by 0.5% in the fourth quarter. CGN Advisors LLC now owns 884,473 shares of the company’s stock valued at $50,247,000 after buying an additional 4,662 shares during the period. GK Wealth Management LLC bought a new stake in shares of SPDR Portfolio S&P 500 Value ETF in the fourth quarter valued at about $272,000. Finally, City Center Advisors LLC grew its position in SPDR Portfolio S&P 500 Value ETF by 10.3% during the fourth quarter. City Center Advisors LLC now owns 121,351 shares of the company’s stock worth $6,894,000 after buying an additional 11,305 shares in the last quarter.

SPDR Portfolio S&P 500 Value ETF Stock Down 1.0%

Shares of SPYV opened at $55.84 on Friday. SPDR Portfolio S&P 500 Value ETF has a 12-month low of $44.39 and a 12-month high of $59.75. The firm has a market capitalization of $31.12 billion, a price-to-earnings ratio of 20.50 and a beta of 0.89. The stock’s 50-day moving average price is $58.33 and its 200 day moving average price is $56.79.

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.