SPDR Portfolio S&P 500 Value ETF $SPYV Shares Purchased by Power Wealth Management LLC

Power Wealth Management LLC raised its position in SPDR Portfolio S&P 500 Value ETF (NYSEARCA:SPYV) by 3.2% in the 2nd quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 281,112 shares of the company’s stock after purchasing an additional 8,652 shares during the period. SPDR Portfolio S&P 500 Value ETF makes up about 6.0% of Power Wealth Management LLC’s investment portfolio, making the stock its 4th biggest holding. Power Wealth Management LLC’s holdings in SPDR Portfolio S&P 500 Value ETF were worth $17,089,000 at the end of the most recent reporting period.

Several other hedge funds also recently bought and sold shares of the company. Meramec Financial Planners LLC bought a new position in shares of SPDR Portfolio S&P 500 Value ETF during the first quarter worth $28,000. Signature Equity Partners LLC increased its position in shares of SPDR Portfolio S&P 500 Value ETF by 163.2% in the 1st quarter. Signature Equity Partners LLC now owns 500 shares of the company’s stock valued at $28,000 after buying an additional 310 shares in the last quarter. Advisortrust Partners LLC acquired a new stake in SPDR Portfolio S&P 500 Value ETF during the 1st quarter worth $29,000. CENTRAL TRUST Co raised its stake in SPDR Portfolio S&P 500 Value ETF by 191.2% during the 4th quarter. CENTRAL TRUST Co now owns 527 shares of the company’s stock worth $30,000 after buying an additional 346 shares during the period. Finally, Triumph Capital Management acquired a new stake in SPDR Portfolio S&P 500 Value ETF during the 3rd quarter worth $30,000.

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

SPYV stock opened at $63.86 on Friday. SPDR Portfolio S&P 500 Value ETF has a 1-year low of $53.94 and a 1-year high of $64.26. The firm has a market cap of $37.23 billion, a PE ratio of 20.50 and a beta of 0.82. The business’s 50-day moving average price is $62.50 and its two-hundred day moving average price is $60.29.

About SPDR Portfolio S&P 500 Value ETF

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.