Dakota Wealth Management Purchases 59,884 Shares of SPDR Portfolio S&P 500 Value ETF $SPYV

Dakota Wealth Management lifted its position in SPDR Portfolio S&P 500 Value ETF (NYSEARCA:SPYV) by 9.5% in the 4th quarter, HoldingsChannel.com reports. The fund owned 688,529 shares of the company’s stock after buying an additional 59,884 shares during the period. SPDR Portfolio S&P 500 Value ETF accounts for 0.7% of Dakota Wealth Management’s portfolio, making the stock its 28th biggest position. Dakota Wealth Management’s holdings in SPDR Portfolio S&P 500 Value ETF were worth $39,115,000 as of its most recent SEC filing.

Other hedge funds also recently added to or reduced their stakes in the company. Abich Financial Wealth Management LLC bought a new position in SPDR Portfolio S&P 500 Value ETF during the 3rd quarter worth about $27,000. Triumph Capital Management bought a new stake in shares of SPDR Portfolio S&P 500 Value ETF in the 3rd quarter valued at about $30,000. Steigerwald Gordon & Koch Inc. purchased a new stake in shares of SPDR Portfolio S&P 500 Value ETF in the 3rd quarter worth approximately $44,000. TFC Financial Management Inc. purchased a new stake in shares of SPDR Portfolio S&P 500 Value ETF in the 3rd quarter worth approximately $44,000. Finally, Wagner Wealth Management LLC bought a new position in shares of SPDR Portfolio S&P 500 Value ETF during the third quarter valued at approximately $45,000.

SPDR Portfolio S&P 500 Value ETF Stock Down 0.5%

Shares of SPYV stock opened at $56.29 on Friday. The firm has a market cap of $31.37 billion, a price-to-earnings ratio of 20.50 and a beta of 0.89. SPDR Portfolio S&P 500 Value ETF has a 52-week low of $44.39 and a 52-week high of $59.75. The company’s 50 day moving average is $58.19 and its 200 day moving average is $56.84.

SPDR Portfolio S&P 500 Value ETF Company 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.