Financial Gravity Asset Management Inc. Has $10.01 Million Stake in SPDR Portfolio S&P 500 Value ETF $SPYV

Financial Gravity Asset Management Inc. raised its position in SPDR Portfolio S&P 500 Value ETF (NYSEARCA:SPYV) by 6.1% during the fourth quarter, Holdings Channel reports. The firm owned 176,158 shares of the company’s stock after purchasing an additional 10,123 shares during the period. SPDR Portfolio S&P 500 Value ETF comprises 1.9% of Financial Gravity Asset Management Inc.’s portfolio, making the stock its 16th largest holding. Financial Gravity Asset Management Inc.’s holdings in SPDR Portfolio S&P 500 Value ETF were worth $10,008,000 as of its most recent filing with the SEC.

Several other hedge funds also recently modified their holdings of the stock. Empirical Asset Management LLC increased its stake in shares of SPDR Portfolio S&P 500 Value ETF by 1.5% in the 4th quarter. Empirical Asset Management LLC now owns 12,628 shares of the company’s stock valued at $717,000 after acquiring an additional 183 shares in the last quarter. Fiduciary Group LLC increased its stake in shares of SPDR Portfolio S&P 500 Value ETF by 3.8% in the 3rd quarter. Fiduciary Group LLC now owns 5,070 shares of the company’s stock valued at $281,000 after acquiring an additional 185 shares in the last quarter. Principle Wealth Partners LLC increased its stake in shares of SPDR Portfolio S&P 500 Value ETF by 4.2% in the 4th quarter. Principle Wealth Partners LLC now owns 4,725 shares of the company’s stock valued at $268,000 after acquiring an additional 191 shares in the last quarter. Note Advisors LLC increased its stake in shares of SPDR Portfolio S&P 500 Value ETF by 4.9% in the 3rd quarter. Note Advisors LLC now owns 4,145 shares of the company’s stock valued at $229,000 after acquiring an additional 195 shares in the last quarter. Finally, Hantz Financial Services Inc. increased its stake in shares of SPDR Portfolio S&P 500 Value ETF by 11.2% in the 4th quarter. Hantz Financial Services Inc. now owns 2,118 shares of the company’s stock valued at $120,000 after acquiring an additional 213 shares in the last quarter.

SPDR Portfolio S&P 500 Value ETF Stock Up 0.7%

NYSEARCA:SPYV opened at $61.27 on Friday. The company has a fifty day moving average of $59.66 and a 200-day moving average of $58.36. The firm has a market capitalization of $34.43 billion, a P/E ratio of 20.50 and a beta of 0.82. SPDR Portfolio S&P 500 Value ETF has a twelve month low of $50.82 and a twelve month high of $61.49.

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.