Verus Capital Partners LLC Raises Stake in SPDR Portfolio S&P 500 Value ETF $SPYV

Verus Capital Partners LLC grew its holdings in shares of SPDR Portfolio S&P 500 Value ETF (NYSEARCA:SPYV) by 5.0% in the fourth quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 292,297 shares of the company’s stock after buying an additional 13,879 shares during the period. SPDR Portfolio S&P 500 Value ETF accounts for about 1.0% of Verus Capital Partners LLC’s holdings, making the stock its 15th largest holding. Verus Capital Partners LLC’s holdings in SPDR Portfolio S&P 500 Value ETF were worth $16,605,000 as of its most recent SEC filing.

Other institutional investors also recently bought and sold shares of the company. Asempa Wealth Advisors purchased a new stake in SPDR Portfolio S&P 500 Value ETF during the fourth quarter worth approximately $945,000. ERn Financial LLC lifted its stake in SPDR Portfolio S&P 500 Value ETF by 4.9% during the fourth quarter. ERn Financial LLC now owns 676,263 shares of the company’s stock worth $38,419,000 after purchasing an additional 31,736 shares during the last quarter. Slagle Financial LLC lifted its stake in SPDR Portfolio S&P 500 Value ETF by 30.0% during the third quarter. Slagle Financial LLC now owns 42,654 shares of the company’s stock worth $2,360,000 after purchasing an additional 9,831 shares during the last quarter. Fifth Third Bancorp lifted its stake in SPDR Portfolio S&P 500 Value ETF by 4.8% during the third quarter. Fifth Third Bancorp now owns 275,282 shares of the company’s stock worth $15,231,000 after purchasing an additional 12,700 shares during the last quarter. Finally, CIBC Bancorp USA Inc. purchased a new stake in SPDR Portfolio S&P 500 Value ETF during the third quarter worth approximately $10,928,000.

SPDR Portfolio S&P 500 Value ETF Stock Down 0.4%

SPYV stock opened at $60.82 on Thursday. The business has a 50 day moving average price of $59.02 and a 200 day moving average price of $58.11. The stock has a market cap of $34.18 billion, a price-to-earnings ratio of 20.50 and a beta of 0.82. SPDR Portfolio S&P 500 Value ETF has a fifty-two week low of $50.76 and a fifty-two week high of $61.33.

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.