Balanced Wealth Group LLC Takes Position in SPDR Portfolio S&P 500 Value ETF (NYSEARCA:SPYV)

Balanced Wealth Group LLC acquired a new stake in SPDR Portfolio S&P 500 Value ETF (NYSEARCA:SPYV) in the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm acquired 642,534 shares of the company’s stock, valued at approximately $29,961,000. SPDR Portfolio S&P 500 Value ETF accounts for 15.6% of Balanced Wealth Group LLC’s holdings, making the stock its 2nd biggest holding. Balanced Wealth Group LLC owned 0.17% of SPDR Portfolio S&P 500 Value ETF as of its most recent filing with the Securities and Exchange Commission.

Other institutional investors and hedge funds have also made changes to their positions in the company. Riverpoint Wealth Management Holdings LLC raised its stake in SPDR Portfolio S&P 500 Value ETF by 0.4% during the 4th quarter. Riverpoint Wealth Management Holdings LLC now owns 52,373 shares of the company’s stock worth $2,442,000 after acquiring an additional 217 shares in the last quarter. Red Tortoise LLC lifted its holdings in shares of SPDR Portfolio S&P 500 Value ETF by 0.4% in the 3rd 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 boosted its position in shares of SPDR Portfolio S&P 500 Value ETF by 1.9% in the 4th quarter. Glass Jacobson Investment Advisors llc now owns 13,399 shares of the company’s stock valued at $625,000 after purchasing an additional 251 shares during the period. TAP Consulting LLC grew its stake in SPDR Portfolio S&P 500 Value ETF by 0.6% during the 3rd quarter. TAP Consulting LLC now owns 42,097 shares of the company’s stock worth $1,737,000 after buying an additional 261 shares during the last quarter. Finally, Advisors Capital Management LLC grew its stake in SPDR Portfolio S&P 500 Value ETF by 1.6% during the 3rd quarter. Advisors Capital Management LLC now owns 18,608 shares of the company’s stock worth $768,000 after buying an additional 291 shares during the last quarter.

SPDR Portfolio S&P 500 Value ETF Stock Performance

NYSEARCA SPYV traded up $0.05 during trading on Wednesday, reaching $48.85. The company’s stock had a trading volume of 1,506,033 shares, compared to its average volume of 2,609,645. SPDR Portfolio S&P 500 Value ETF has a twelve month low of $39.51 and a twelve month high of $50.20. The firm has a market cap of $21.05 billion, a price-to-earnings ratio of 23.25 and a beta of 0.84. The business’s fifty day moving average price is $48.71 and its 200-day moving average price is $46.46.

About SPDR Portfolio S&P 500 Value ETF

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.