SPDR Portfolio S&P 500 Value ETF $SPYV Shares Purchased by Wealthgarden F.S. LLC

Wealthgarden F.S. LLC increased its holdings in SPDR Portfolio S&P 500 Value ETF (NYSEARCA:SPYV) by 29.8% in the fourth quarter, Holdings Channel reports. The institutional investor owned 62,870 shares of the company’s stock after buying an additional 14,426 shares during the period. SPDR Portfolio S&P 500 Value ETF makes up 2.4% of Wealthgarden F.S. LLC’s holdings, making the stock its 8th largest holding. Wealthgarden F.S. LLC’s holdings in SPDR Portfolio S&P 500 Value ETF were worth $3,656,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors also recently made changes to their positions in the business. Petersen Hastings Wealth Advisors Inc. acquired a new stake in shares of SPDR Portfolio S&P 500 Value ETF in the fourth quarter valued at approximately $1,120,000. Parallel Advisors LLC raised its position in shares of SPDR Portfolio S&P 500 Value ETF by 63.2% in the fourth quarter. Parallel Advisors LLC now owns 1,051 shares of the company’s stock valued at $60,000 after buying an additional 407 shares in the last quarter. J.W. Cole Advisors Inc. raised its position in shares of SPDR Portfolio S&P 500 Value ETF by 7.3% in the fourth quarter. J.W. Cole Advisors Inc. now owns 100,044 shares of the company’s stock valued at $5,286,000 after buying an additional 6,799 shares in the last quarter. Convergence Financial LLC raised its position in shares of SPDR Portfolio S&P 500 Value ETF by 2.9% in the fourth quarter. Convergence Financial LLC now owns 707,615 shares of the company’s stock valued at $40,200,000 after buying an additional 19,783 shares in the last quarter. Finally, Curio Wealth LLC acquired a new stake in shares of SPDR Portfolio S&P 500 Value ETF in the fourth quarter valued at approximately $40,000.

SPDR Portfolio S&P 500 Value ETF Trading Down 1.1%

NYSEARCA SPYV opened at $60.69 on Friday. SPDR Portfolio S&P 500 Value ETF has a 1-year low of $50.82 and a 1-year high of $61.49. The company has a 50 day moving average of $59.20 and a 200-day moving average of $58.17. The company has a market cap of $34.10 billion, a price-to-earnings ratio of 20.50 and a beta of 0.82.

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. 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.