Opal Wealth Advisors LLC Purchases 3,619 Shares of SPDR Portfolio S&P 500 Value ETF (NYSEARCA:SPYV)

Opal Wealth Advisors LLC raised its position in SPDR Portfolio S&P 500 Value ETF (NYSEARCA:SPYV) by 8.2% during the 1st quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 47,941 shares of the company’s stock after buying an additional 3,619 shares during the quarter. SPDR Portfolio S&P 500 Value ETF comprises about 0.8% of Opal Wealth Advisors LLC’s portfolio, making the stock its 17th largest position. Opal Wealth Advisors LLC’s holdings in SPDR Portfolio S&P 500 Value ETF were worth $2,448,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors also recently made changes to their positions in the company. Wood Tarver Financial Group LLC bought a new stake in SPDR Portfolio S&P 500 Value ETF during the 4th quarter worth approximately $35,000. Lindbrook Capital LLC boosted its stake in shares of SPDR Portfolio S&P 500 Value ETF by 224.8% in the 4th quarter. Lindbrook Capital LLC now owns 695 shares of the company’s stock valued at $36,000 after purchasing an additional 481 shares during the last quarter. Deutsche Bank AG lifted its position in shares of SPDR Portfolio S&P 500 Value ETF by 81.3% during the 4th quarter. Deutsche Bank AG now owns 725 shares of the company’s stock valued at $37,000 after acquiring an additional 325 shares during the period. Angeles Investment Advisors LLC acquired a new position in shares of SPDR Portfolio S&P 500 Value ETF during the 4th quarter valued at $41,000. Finally, Global Wealth Strategies & Associates acquired a new position in shares of SPDR Portfolio S&P 500 Value ETF during the 1st quarter valued at $51,000.

SPDR Portfolio S&P 500 Value ETF Trading Down 1.0%

SPYV opened at $51.23 on Friday. The company’s fifty day moving average price is $49.69 and its two-hundred day moving average price is $51.16. SPDR Portfolio S&P 500 Value ETF has a 1-year low of $44.39 and a 1-year high of $55.42. The company has a market cap of $25.89 billion, a price-to-earnings ratio of 21.00 and a beta of 0.89.

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.