NewSquare Capital LLC Acquires 815 Shares of SPDR Portfolio S&P 500 Value ETF (NYSEARCA:SPYV)

NewSquare Capital LLC boosted its holdings in SPDR Portfolio S&P 500 Value ETF (NYSEARCA:SPYV) by 0.8% during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 98,497 shares of the company’s stock after acquiring an additional 815 shares during the quarter. NewSquare Capital LLC’s holdings in SPDR Portfolio S&P 500 Value ETF were worth $4,593,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also added to or reduced their stakes in the business. Red Tortoise LLC grew its stake in shares of SPDR Portfolio S&P 500 Value ETF by 0.4% during the third quarter. Red Tortoise LLC now owns 68,424 shares of the company’s stock valued at $2,823,000 after purchasing an additional 243 shares during the last quarter. Glass Jacobson Investment Advisors llc lifted its holdings in SPDR Portfolio S&P 500 Value ETF by 1.9% in the fourth quarter. Glass Jacobson Investment Advisors llc now owns 13,399 shares of the company’s stock valued at $625,000 after buying an additional 251 shares during the period. TAP Consulting LLC lifted its holdings in SPDR Portfolio S&P 500 Value ETF by 0.6% in the third quarter. TAP Consulting LLC now owns 42,097 shares of the company’s stock valued at $1,737,000 after buying an additional 261 shares during the period. Advisors Capital Management LLC lifted its holdings in SPDR Portfolio S&P 500 Value ETF by 1.6% in the third quarter. Advisors Capital Management LLC now owns 18,608 shares of the company’s stock valued at $768,000 after buying an additional 291 shares during the period. Finally, Strategic Blueprint LLC lifted its holdings in SPDR Portfolio S&P 500 Value ETF by 3.9% in the third quarter. Strategic Blueprint LLC now owns 8,054 shares of the company’s stock valued at $332,000 after buying an additional 300 shares during the period.

SPDR Portfolio S&P 500 Value ETF Price Performance

SPYV traded up $0.35 during mid-day trading on Tuesday, hitting $48.56. The stock had a trading volume of 1,527,809 shares, compared to its average volume of 2,675,751. The stock’s fifty day simple moving average is $48.54 and its 200-day simple moving average is $45.91. The firm has a market capitalization of $20.81 billion, a price-to-earnings ratio of 23.06 and a beta of 0.88. SPDR Portfolio S&P 500 Value ETF has a 1-year low of $39.51 and a 1-year high of $50.20.

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.