Braun Bostich & Associates Inc. Has $7.68 Million Position in SPDR Portfolio S&P 500 Value ETF $SPYV

Braun Bostich & Associates Inc. raised its position in SPDR Portfolio S&P 500 Value ETF (NYSEARCA:SPYV) by 33.8% during the fourth quarter, according to its most recent filing with the SEC. The firm owned 135,205 shares of the company’s stock after purchasing an additional 34,153 shares during the period. SPDR Portfolio S&P 500 Value ETF accounts for approximately 4.7% of Braun Bostich & Associates Inc.’s portfolio, making the stock its 3rd largest position. Braun Bostich & Associates Inc.’s holdings in SPDR Portfolio S&P 500 Value ETF were worth $7,681,000 at the end of the most recent reporting period.

A number of other institutional investors also recently modified their holdings of SPYV. Abich Financial Wealth Management LLC acquired a new stake in shares of SPDR Portfolio S&P 500 Value ETF during the third quarter worth $27,000. Triumph Capital Management acquired a new position in SPDR Portfolio S&P 500 Value ETF in the third quarter valued at $30,000. Steigerwald Gordon & Koch Inc. acquired a new position in SPDR Portfolio S&P 500 Value ETF in the third quarter valued at $44,000. TFC Financial Management Inc. bought a new stake in SPDR Portfolio S&P 500 Value ETF during the third quarter valued at $44,000. Finally, Wagner Wealth Management LLC acquired a new stake in SPDR Portfolio S&P 500 Value ETF during the 3rd quarter worth about $45,000.

SPDR Portfolio S&P 500 Value ETF Trading Down 1.2%

Shares of SPDR Portfolio S&P 500 Value ETF stock opened at $55.59 on Friday. The business has a 50-day moving average price of $58.13 and a two-hundred day moving average price of $56.87. SPDR Portfolio S&P 500 Value ETF has a 1-year low of $44.39 and a 1-year high of $59.75. The company has a market cap of $30.98 billion, a P/E ratio of 20.50 and a beta of 0.89.

SPDR Portfolio S&P 500 Value ETF 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.