Peak Wealth Management LLC Invests $589,000 in SPDR Portfolio S&P 500 Value ETF $SPYV

Peak Wealth Management LLC bought a new position in shares of SPDR Portfolio S&P 500 Value ETF (NYSEARCA:SPYV) in the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor bought 10,376 shares of the company’s stock, valued at approximately $589,000. SPDR Portfolio S&P 500 Value ETF makes up about 0.5% of Peak Wealth Management LLC’s holdings, making the stock its 27th biggest holding.

A number of other large investors have also modified their holdings of SPYV. Key Capital Management INC purchased a new stake in shares of SPDR Portfolio S&P 500 Value ETF during the fourth quarter worth $25,000. Highline Wealth Partners LLC grew its holdings in shares of SPDR Portfolio S&P 500 Value ETF by 229.2% during the fourth quarter. Highline Wealth Partners LLC now owns 451 shares of the company’s stock worth $26,000 after buying an additional 314 shares in the last quarter. Thurston Springer Miller Herd & Titak Inc. purchased a new stake in shares of SPDR Portfolio S&P 500 Value ETF during the fourth quarter worth $26,000. Abich Financial Wealth Management LLC purchased a new stake in shares of SPDR Portfolio S&P 500 Value ETF during the third quarter worth $27,000. Finally, Triumph Capital Management purchased a new stake in shares of SPDR Portfolio S&P 500 Value ETF during the third quarter worth $30,000.

SPDR Portfolio S&P 500 Value ETF Price Performance

SPDR Portfolio S&P 500 Value ETF stock opened at $60.10 on Monday. SPDR Portfolio S&P 500 Value ETF has a 52-week low of $49.60 and a 52-week high of $60.37. The company has a fifty day simple moving average of $57.96 and a 200-day simple moving average of $57.50. The firm has a market capitalization of $33.77 billion, a price-to-earnings ratio of 20.50 and a beta of 0.82.

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.