IMC Chicago LLC Takes Position in SPDR Portfolio S&P 500 Value ETF $SPYV

IMC Chicago LLC acquired a new stake in SPDR Portfolio S&P 500 Value ETF (NYSEARCA:SPYV) in the 4th quarter, Holdings Channel.com reports. The institutional investor acquired 10,600 shares of the company’s stock, valued at approximately $602,000.

Several other hedge funds also recently modified their holdings of SPYV. Key Capital Management INC bought a new position in shares of SPDR Portfolio S&P 500 Value ETF in the 4th quarter valued at about $25,000. Highline Wealth Partners LLC grew its holdings in shares of SPDR Portfolio S&P 500 Value ETF by 229.2% in 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. bought a new position in shares of SPDR Portfolio S&P 500 Value ETF in the 4th quarter valued at about $26,000. Abich Financial Wealth Management LLC bought a new position in shares of SPDR Portfolio S&P 500 Value ETF in the 3rd quarter valued at about $27,000. Finally, Triumph Capital Management bought a new position in shares of SPDR Portfolio S&P 500 Value ETF in the 3rd quarter valued at about $30,000.

SPDR Portfolio S&P 500 Value ETF Price Performance

Shares of NYSEARCA SPYV opened at $59.97 on Wednesday. The stock has a market capitalization of $33.70 billion, a price-to-earnings ratio of 20.50 and a beta of 0.82. The business has a 50-day moving average of $57.91 and a 200-day moving average of $57.43. SPDR Portfolio S&P 500 Value ETF has a fifty-two week low of $49.08 and a fifty-two week high of $60.34.

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. 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.