HB Wealth Management LLC Raises Stake in SPDR Portfolio S&P 500 Value ETF $SPYV

HB Wealth Management LLC increased its holdings in shares of SPDR Portfolio S&P 500 Value ETF (NYSEARCA:SPYV) by 388.8% during the 2nd quarter, HoldingsChannel reports. The fund owned 23,009 shares of the company’s stock after buying an additional 18,302 shares during the period. HB Wealth Management LLC’s holdings in SPDR Portfolio S&P 500 Value ETF were worth $1,399,000 as of its most recent SEC filing.

Other hedge funds have also bought and sold shares of the company. Topsail Wealth Management LLC grew its holdings in SPDR Portfolio S&P 500 Value ETF by 5.3% in the first quarter. Topsail Wealth Management LLC now owns 3,450 shares of the company’s stock worth $195,000 after purchasing an additional 175 shares during the period. SmartHarvest Portfolios LLC lifted its holdings in shares of SPDR Portfolio S&P 500 Value ETF by 4.6% during the first quarter. SmartHarvest Portfolios LLC now owns 4,008 shares of the company’s stock valued at $227,000 after purchasing an additional 176 shares during the last quarter. Cornerstone Advisors Asset Management LLC lifted its holdings in shares of SPDR Portfolio S&P 500 Value ETF by 0.4% during the second quarter. Cornerstone Advisors Asset Management LLC now owns 40,248 shares of the company’s stock valued at $2,447,000 after purchasing an additional 178 shares during the last quarter. Empirical Asset Management LLC boosted its position in shares of SPDR Portfolio S&P 500 Value ETF by 1.5% in the 4th quarter. Empirical Asset Management LLC now owns 12,628 shares of the company’s stock worth $717,000 after purchasing an additional 183 shares in the last quarter. Finally, Principle Wealth Partners LLC boosted its position in shares of SPDR Portfolio S&P 500 Value ETF by 4.2% in the 4th quarter. Principle Wealth Partners LLC now owns 4,725 shares of the company’s stock worth $268,000 after purchasing an additional 191 shares in the last quarter.

SPDR Portfolio S&P 500 Value ETF Stock Down 0.3%

SPDR Portfolio S&P 500 Value ETF stock opened at $62.49 on Friday. The company has a market capitalization of $36.43 billion, a P/E ratio of 20.50 and a beta of 0.82. The stock’s 50 day moving average is $62.70 and its 200 day moving average is $60.43. SPDR Portfolio S&P 500 Value ETF has a twelve month low of $54.17 and a twelve month high of $64.26.

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.