HighTower Advisors LLC Increases Position in SPDR Portfolio S&P 500 Value ETF $SPYV

HighTower Advisors LLC lifted its holdings in shares of SPDR Portfolio S&P 500 Value ETF (NYSEARCA:SPYV) by 2.1% during the fourth quarter, Holdings Channel reports. The fund owned 2,540,516 shares of the company’s stock after purchasing an additional 52,900 shares during the quarter. HighTower Advisors LLC’s holdings in SPDR Portfolio S&P 500 Value ETF were worth $144,327,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also modified their holdings of the business. Lutz Financial Services LLC increased its stake in shares of SPDR Portfolio S&P 500 Value ETF by 5.4% in the fourth quarter. Lutz Financial Services LLC now owns 2,387,903 shares of the company’s stock worth $135,657,000 after buying an additional 121,475 shares during the last quarter. Sequent Planning LLC increased its stake in shares of SPDR Portfolio S&P 500 Value ETF by 16.2% in the fourth quarter. Sequent Planning LLC now owns 23,551 shares of the company’s stock worth $1,338,000 after buying an additional 3,283 shares during the last quarter. Aegis Wealth Management Inc. bought a new stake in shares of SPDR Portfolio S&P 500 Value ETF in the fourth quarter worth $630,000. Rossmore Private Capital increased its stake in shares of SPDR Portfolio S&P 500 Value ETF by 51.2% in the fourth quarter. Rossmore Private Capital now owns 12,093 shares of the company’s stock worth $687,000 after buying an additional 4,094 shares during the last quarter. Finally, Soltis Investment Advisors LLC increased its stake in shares of SPDR Portfolio S&P 500 Value ETF by 53.2% in the fourth quarter. Soltis Investment Advisors LLC now owns 9,170 shares of the company’s stock worth $521,000 after buying an additional 3,186 shares during the last quarter.

SPDR Portfolio S&P 500 Value ETF Trading Down 0.2%

Shares of NYSEARCA:SPYV opened at $60.11 on Wednesday. The company has a fifty day simple moving average of $58.14 and a 200 day simple moving average of $57.73. The firm has a market cap of $33.78 billion, a PE ratio of 20.50 and a beta of 0.82. SPDR Portfolio S&P 500 Value ETF has a 12-month low of $49.68 and a 12-month high of $60.51.

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.