McGlone Suttner Wealth Management Inc. Takes Position in SPDR Portfolio S&P 500 Value ETF (NYSEARCA:SPYV)

McGlone Suttner Wealth Management Inc. bought a new stake in SPDR Portfolio S&P 500 Value ETF (NYSEARCA:SPYV) in the first quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor bought 27,245 shares of the company’s stock, valued at approximately $1,391,000.

A number of other hedge funds also recently modified their holdings of the business. Patriot Financial Group Insurance Agency LLC lifted its holdings in shares of SPDR Portfolio S&P 500 Value ETF by 1.9% in the first quarter. Patriot Financial Group Insurance Agency LLC now owns 11,965 shares of the company’s stock valued at $611,000 after purchasing an additional 228 shares in the last quarter. SMART Wealth LLC lifted its holdings in shares of SPDR Portfolio S&P 500 Value ETF by 5.8% in the first quarter. SMART Wealth LLC now owns 4,795 shares of the company’s stock valued at $245,000 after purchasing an additional 261 shares in the last quarter. Diversified Enterprises LLC lifted its holdings in shares of SPDR Portfolio S&P 500 Value ETF by 2.4% in the fourth quarter. Diversified Enterprises LLC now owns 11,304 shares of the company’s stock valued at $578,000 after purchasing an additional 264 shares in the last quarter. Signature Estate & Investment Advisors LLC lifted its holdings in shares of SPDR Portfolio S&P 500 Value ETF by 6.3% in the fourth quarter. Signature Estate & Investment Advisors LLC now owns 4,804 shares of the company’s stock valued at $246,000 after purchasing an additional 284 shares in the last quarter. Finally, Consolidated Portfolio Review Corp lifted its holdings in shares of SPDR Portfolio S&P 500 Value ETF by 2.8% in the first quarter. Consolidated Portfolio Review Corp now owns 10,376 shares of the company’s stock valued at $530,000 after purchasing an additional 284 shares in the last quarter.

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

SPYV opened at $53.21 on Friday. The stock has a fifty day moving average of $50.96 and a 200-day moving average of $50.94. The firm has a market capitalization of $27.01 billion, a P/E ratio of 20.36 and a beta of 0.94. SPDR Portfolio S&P 500 Value ETF has a 12-month low of $44.39 and a 12-month high of $55.42.

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.