Xponance Inc. Makes New $451,000 Investment in SPDR Portfolio S&P 500 Value ETF (NYSEARCA:SPYV)

Xponance Inc. bought a new position in SPDR Portfolio S&P 500 Value ETF (NYSEARCA:SPYV) during the fourth quarter, Holdings Channel.com reports. The institutional investor bought 9,663 shares of the company’s stock, valued at approximately $451,000.

A number of other institutional investors have also bought and sold shares of SPYV. BKM Wealth Management LLC purchased a new stake in shares of SPDR Portfolio S&P 500 Value ETF during the 4th quarter valued at approximately $26,000. McGlone Suttner Wealth Management Inc. purchased a new stake in shares of SPDR Portfolio S&P 500 Value ETF during the 4th quarter valued at approximately $28,000. Sunbelt Securities Inc. raised its position in shares of SPDR Portfolio S&P 500 Value ETF by 165.5% during the 3rd quarter. Sunbelt Securities Inc. now owns 855 shares of the company’s stock valued at $35,000 after buying an additional 533 shares during the period. Aptus Capital Advisors LLC raised its position in shares of SPDR Portfolio S&P 500 Value ETF by 377.4% during the 3rd quarter. Aptus Capital Advisors LLC now owns 931 shares of the company’s stock valued at $38,000 after buying an additional 736 shares during the period. Finally, First Horizon Advisors Inc. raised its position in shares of SPDR Portfolio S&P 500 Value ETF by 52.5% during the 3rd quarter. First Horizon Advisors Inc. now owns 999 shares of the company’s stock valued at $41,000 after buying an additional 344 shares during the period.

SPDR Portfolio S&P 500 Value ETF Stock Performance

SPYV stock opened at $48.31 on Friday. The firm has a market cap of $20.70 billion, a PE ratio of 23.06 and a beta of 0.88. The firm’s 50 day moving average price is $48.64 and its 200-day moving average price is $46.08. SPDR Portfolio S&P 500 Value ETF has a one year low of $39.51 and a one year high of $50.20.

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.