HighTower Advisors LLC Boosts Position in SPDR Portfolio S&P 500 Value ETF $SPYV

HighTower Advisors LLC boosted its holdings in SPDR Portfolio S&P 500 Value ETF (NYSEARCA:SPYV) by 2.1% during the 4th quarter, according to its most recent disclosure with the SEC. The firm owned 2,540,516 shares of the company’s stock after buying an additional 52,900 shares during the period. HighTower Advisors LLC owned approximately 0.46% of SPDR Portfolio S&P 500 Value ETF worth $144,327,000 at the end of the most recent reporting period.

Several other hedge funds also recently added to or reduced their stakes in the stock. Fiduciary Group LLC raised its position in SPDR Portfolio S&P 500 Value ETF by 3.8% in the third quarter. Fiduciary Group LLC now owns 5,070 shares of the company’s stock valued at $281,000 after purchasing an additional 185 shares during the period. Note Advisors LLC raised its position in SPDR Portfolio S&P 500 Value ETF by 4.9% in the third quarter. Note Advisors LLC now owns 4,145 shares of the company’s stock valued at $229,000 after purchasing an additional 195 shares during the period. Signature Estate & Investment Advisors LLC raised its position in SPDR Portfolio S&P 500 Value ETF by 3.9% in the third quarter. Signature Estate & Investment Advisors LLC now owns 5,283 shares of the company’s stock valued at $292,000 after purchasing an additional 197 shares during the period. Rik Saylor Financial Inc. raised its stake in shares of SPDR Portfolio S&P 500 Value ETF by 0.9% during the third quarter. Rik Saylor Financial Inc. now owns 23,178 shares of the company’s stock valued at $1,282,000 after purchasing an additional 207 shares during the period. Finally, Yukon Wealth Management Inc. raised its stake in shares of SPDR Portfolio S&P 500 Value ETF by 0.5% during the third quarter. Yukon Wealth Management Inc. now owns 51,003 shares of the company’s stock valued at $2,822,000 after purchasing an additional 236 shares during the period.

SPDR Portfolio S&P 500 Value ETF Stock Down 0.2%

SPYV opened at $60.11 on Wednesday. The firm has a market capitalization of $33.78 billion, a P/E ratio of 20.50 and a beta of 0.82. The firm’s 50 day moving average is $58.14 and its 200-day moving average is $57.73. SPDR Portfolio S&P 500 Value ETF has a 52-week low of $49.68 and a 52-week high of $60.51.

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.