Navigation Group LLC Buys Shares of 544,619 SPDR Portfolio S&P 500 Value ETF $SPYV

Navigation Group LLC bought a new stake in shares of SPDR Portfolio S&P 500 Value ETF (NYSEARCA:SPYV) during the first quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor bought 544,619 shares of the company’s stock, valued at approximately $30,815,000. SPDR Portfolio S&P 500 Value ETF comprises about 7.2% of Navigation Group LLC’s holdings, making the stock its 3rd biggest position.

Several other hedge funds and other institutional investors have also recently modified their holdings of SPYV. Key Capital Management INC bought a new stake in shares of SPDR Portfolio S&P 500 Value ETF during the 4th quarter worth approximately $25,000. Highline Wealth Partners LLC grew its position in 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 during the last quarter. Thurston Springer Miller Herd & Titak Inc. purchased a new stake in SPDR Portfolio S&P 500 Value ETF in the fourth quarter worth $26,000. Meramec Financial Planners LLC purchased a new stake in SPDR Portfolio S&P 500 Value ETF in the first quarter worth $28,000. Finally, CENTRAL TRUST Co lifted its position in shares of SPDR Portfolio S&P 500 Value ETF by 191.2% during the fourth quarter. CENTRAL TRUST Co now owns 527 shares of the company’s stock worth $30,000 after purchasing an additional 346 shares during the last quarter.

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

Shares of SPYV opened at $61.69 on Thursday. The firm has a market capitalization of $35.89 billion, a P/E ratio of 20.50 and a beta of 0.82. SPDR Portfolio S&P 500 Value ETF has a 12-month low of $51.97 and a 12-month high of $62.19. The firm has a fifty day moving average price of $60.90 and a 200-day moving average price of $59.08.

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.