Vertrix Wealth Management LLC Makes New Investment in SPDR Portfolio S&P 500 Value ETF $SPYV

Vertrix Wealth Management LLC bought a new position in shares of SPDR Portfolio S&P 500 Value ETF (NYSEARCA:SPYV) in the 1st quarter, according to its most recent 13F filing with the SEC. The fund bought 214,458 shares of the company’s stock, valued at approximately $12,134,000. SPDR Portfolio S&P 500 Value ETF accounts for approximately 4.5% of Vertrix Wealth Management LLC’s holdings, making the stock its 3rd biggest holding.

Other hedge funds have also modified their holdings of the company. Wagner Wealth Management LLC grew its holdings in SPDR Portfolio S&P 500 Value ETF by 47.3% during the first quarter. Wagner Wealth Management LLC now owns 1,196 shares of the company’s stock valued at $68,000 after purchasing an additional 384 shares during the period. Key Financial Inc increased its stake in SPDR Portfolio S&P 500 Value ETF by 2.2% in the first quarter. Key Financial Inc now owns 151,991 shares of the company’s stock valued at $8,600,000 after purchasing an additional 3,227 shares in the last quarter. Inman Jager Wealth Management LLC raised its holdings in SPDR Portfolio S&P 500 Value ETF by 11.6% in the first quarter. Inman Jager Wealth Management LLC now owns 96,096 shares of the company’s stock worth $5,437,000 after purchasing an additional 10,017 shares during the period. Mayflower Financial Advisors LLC raised its stake in SPDR Portfolio S&P 500 Value ETF by 35.8% during the 1st quarter. Mayflower Financial Advisors LLC now owns 6,485 shares of the company’s stock worth $367,000 after buying an additional 1,708 shares during the period. Finally, Members Wealth LLC lifted its holdings in shares of SPDR Portfolio S&P 500 Value ETF by 3.0% during the 1st quarter. Members Wealth LLC now owns 148,069 shares of the company’s stock valued at $8,732,000 after purchasing an additional 4,276 shares in the last quarter.

SPDR Portfolio S&P 500 Value ETF Stock Up 0.3%

SPDR Portfolio S&P 500 Value ETF stock opened at $61.00 on Thursday. The stock has a market capitalization of $35.37 billion, a PE ratio of 20.50 and a beta of 0.82. SPDR Portfolio S&P 500 Value ETF has a twelve month low of $51.97 and a twelve month high of $61.87. The company has a 50 day moving average of $60.43 and a 200-day moving average of $58.75.

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.