Portside Wealth Group LLC grew its holdings in SPDR Portfolio S&P 500 Value ETF (NYSEARCA:SPYV – Free Report) by 5.4% in the second quarter, according to its most recent disclosure with the SEC. The fund owned 255,960 shares of the company’s stock after buying an additional 13,184 shares during the period. SPDR Portfolio S&P 500 Value ETF accounts for approximately 1.8% of Portside Wealth Group LLC’s portfolio, making the stock its 9th largest position. Portside Wealth Group LLC’s holdings in SPDR Portfolio S&P 500 Value ETF were worth $15,560,000 as of its most recent SEC filing.
Several other hedge funds have also made changes to their positions in the business. Topsail Wealth Management LLC increased its position in SPDR Portfolio S&P 500 Value ETF by 5.3% in the 1st quarter. Topsail Wealth Management LLC now owns 3,450 shares of the company’s stock valued at $195,000 after acquiring an additional 175 shares during the period. SmartHarvest Portfolios LLC lifted its position in SPDR Portfolio S&P 500 Value ETF by 4.6% during the 1st quarter. SmartHarvest Portfolios LLC now owns 4,008 shares of the company’s stock worth $227,000 after acquiring an additional 176 shares during the period. Empirical Asset Management LLC lifted its position in SPDR Portfolio S&P 500 Value ETF by 1.5% during the 4th quarter. Empirical Asset Management LLC now owns 12,628 shares of the company’s stock worth $717,000 after acquiring an additional 183 shares during the period. Principle Wealth Partners LLC grew 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 purchasing an additional 191 shares during the last quarter. Finally, Fiduciary Group LLC grew its stake in shares of SPDR Portfolio S&P 500 Value ETF by 3.8% in the 4th quarter. Fiduciary Group LLC now owns 5,264 shares of the company’s stock valued at $299,000 after purchasing an additional 194 shares during the last quarter.
SPDR Portfolio S&P 500 Value ETF Trading Up 0.1%
NYSEARCA:SPYV opened at $63.35 on Thursday. SPDR Portfolio S&P 500 Value ETF has a 12-month low of $53.75 and a 12-month high of $63.46. The stock’s 50 day simple moving average is $61.64 and its 200-day simple moving average is $59.74. The firm has a market cap of $36.93 billion, a P/E ratio of 20.50 and a beta of 0.82.
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.
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