Berson & Corrado Investment Advisors LLC grew its holdings in shares of SPDR Series Trust SPDR Portfolio S&P 500 Value ETF (NYSEARCA:SPYV) by 294.5% in the fourth quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm owned 23,095 shares of the company’s stock after purchasing an additional 17,241 shares during the quarter. Berson & Corrado Investment Advisors LLC’s holdings in SPDR Series Trust SPDR Portfolio S&P 500 Value ETF were worth $709,000 at the end of the most recent reporting period.

Separately, Pure Financial Advisors Inc. bought a new position in SPDR Series Trust SPDR Portfolio S&P 500 Value ETF during the fourth quarter worth about $4,273,000.

Shares of SPDR Series Trust SPDR Portfolio S&P 500 Value ETF (NYSEARCA SPYV) traded down $0.01 during trading hours on Wednesday, reaching $31.34. 417,238 shares of the company’s stock were exchanged, compared to its average volume of 682,657. The company has a market capitalization of $541.59 and a price-to-earnings ratio of 7.70. SPDR Series Trust SPDR Portfolio S&P 500 Value ETF has a 12-month low of $27.33 and a 12-month high of $31.44.

The company also recently disclosed a quarterly dividend, which was paid on Tuesday, December 26th. Stockholders of record on Monday, December 18th were given a $0.189 dividend. The ex-dividend date was Friday, December 15th. This represents a $0.76 dividend on an annualized basis and a dividend yield of 2.41%. SPDR Series Trust SPDR Portfolio S&P 500 Value ETF’s dividend payout ratio (DPR) is currently 52.83%.

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SPDR Series Trust 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.

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