Truist Financial Corp Raises Holdings in SPDR Portfolio S&P 500 Value ETF $SPYV

Truist Financial Corp boosted its position in SPDR Portfolio S&P 500 Value ETF (NYSEARCA:SPYV) by 5.1% in the 4th quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 437,251 shares of the company’s stock after purchasing an additional 21,229 shares during the quarter. Truist Financial Corp owned about 0.08% of SPDR Portfolio S&P 500 Value ETF worth $24,840,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors also recently added to or reduced their stakes in SPYV. Key Capital Management INC purchased a new position in shares of SPDR Portfolio S&P 500 Value ETF in the fourth quarter worth about $25,000. Highline Wealth Partners LLC grew its stake in SPDR Portfolio S&P 500 Value ETF by 229.2% during the 4th quarter. Highline Wealth Partners LLC now owns 451 shares of the company’s stock valued at $26,000 after acquiring an additional 314 shares in the last quarter. Thurston Springer Miller Herd & Titak Inc. acquired a new stake in SPDR Portfolio S&P 500 Value ETF in the 4th quarter valued at about $26,000. Abich Financial Wealth Management LLC acquired a new stake in SPDR Portfolio S&P 500 Value ETF in the 3rd quarter valued at about $27,000. Finally, CENTRAL TRUST Co lifted its stake in SPDR Portfolio S&P 500 Value ETF by 191.2% in the 4th quarter. CENTRAL TRUST Co now owns 527 shares of the company’s stock worth $30,000 after purchasing an additional 346 shares in the last quarter.

SPDR Portfolio S&P 500 Value ETF Price Performance

Shares of SPDR Portfolio S&P 500 Value ETF stock opened at $60.24 on Thursday. The stock has a market cap of $33.85 billion, a P/E ratio of 20.50 and a beta of 0.82. The stock’s 50 day simple moving average is $57.94 and its 200-day simple moving average is $57.47. SPDR Portfolio S&P 500 Value ETF has a 1-year low of $49.15 and a 1-year high of $60.37.

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. 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.