SPDR Portfolio S&P 500 Value ETF (NYSEARCA:SPYV) Position Raised by ERTS Wealth Advisors LLC

ERTS Wealth Advisors LLC increased its position in shares of SPDR Portfolio S&P 500 Value ETF (NYSEARCA:SPYV) by 6.5% during the first quarter, HoldingsChannel.com reports. The institutional investor owned 1,015,268 shares of the company’s stock after buying an additional 62,398 shares during the quarter. SPDR Portfolio S&P 500 Value ETF makes up 10.1% of ERTS Wealth Advisors LLC’s portfolio, making the stock its 3rd largest holding. ERTS Wealth Advisors LLC’s holdings in SPDR Portfolio S&P 500 Value ETF were worth $51,850,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors also recently added to or reduced their stakes in SPYV. Demars Financial Group LLC boosted its stake in shares of SPDR Portfolio S&P 500 Value ETF by 5,184.5% during the 4th quarter. Demars Financial Group LLC now owns 16,144,971 shares of the company’s stock worth $825,654,000 after acquiring an additional 15,839,453 shares in the last quarter. Raymond James Financial Inc. purchased a new stake in shares of SPDR Portfolio S&P 500 Value ETF in the fourth quarter valued at approximately $281,432,000. Horizon Investments LLC lifted its position in shares of SPDR Portfolio S&P 500 Value ETF by 300.5% during the 4th quarter. Horizon Investments LLC now owns 5,797,361 shares of the company’s stock valued at $296,477,000 after buying an additional 4,349,903 shares in the last quarter. NorthRock Partners LLC lifted its position in shares of SPDR Portfolio S&P 500 Value ETF by 167.3% during the 4th quarter. NorthRock Partners LLC now owns 4,406,510 shares of the company’s stock valued at $225,349,000 after buying an additional 2,757,825 shares in the last quarter. Finally, LPL Financial LLC grew its stake in SPDR Portfolio S&P 500 Value ETF by 5.8% in the 4th quarter. LPL Financial LLC now owns 41,404,616 shares of the company’s stock valued at $2,117,432,000 after acquiring an additional 2,253,997 shares during the period.

SPDR Portfolio S&P 500 Value ETF Stock Performance

Shares of NYSEARCA SPYV opened at $51.24 on Friday. The firm has a fifty day moving average of $50.07 and a 200 day moving average of $51.03. The firm has a market cap of $25.90 billion, a PE ratio of 21.00 and a beta of 0.89. SPDR Portfolio S&P 500 Value ETF has a one year low of $44.39 and a one year 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.