CarsonAllaria Wealth Management Ltd. grew its stake in shares of SPDR Portfolio S&P 500 Value ETF (NYSEARCA:SPYV – Free Report) by 3.0% in the fourth quarter, according to its most recent filing with the SEC. The institutional investor owned 407,450 shares of the company’s stock after purchasing an additional 11,957 shares during the period. SPDR Portfolio S&P 500 Value ETF comprises approximately 11.5% of CarsonAllaria Wealth Management Ltd.’s portfolio, making the stock its 2nd biggest position. CarsonAllaria Wealth Management Ltd. owned about 0.07% of SPDR Portfolio S&P 500 Value ETF worth $23,147,000 as of its most recent SEC filing.
A number of other hedge funds and other institutional investors have also recently added to or reduced their stakes in SPYV. Highline Wealth Partners LLC increased its holdings in SPDR Portfolio S&P 500 Value ETF by 229.2% during the 4th quarter. Highline Wealth Partners LLC now owns 451 shares of the company’s stock worth $26,000 after purchasing an additional 314 shares in the last quarter. Thurston Springer Miller Herd & Titak Inc. bought a new stake in SPDR Portfolio S&P 500 Value ETF during the 4th quarter worth approximately $26,000. Abich Financial Wealth Management LLC bought a new stake in SPDR Portfolio S&P 500 Value ETF during the 3rd quarter worth approximately $27,000. Triumph Capital Management bought a new stake in SPDR Portfolio S&P 500 Value ETF during the 3rd quarter worth approximately $30,000. Finally, Lodestone Wealth Management LLC bought a new stake in SPDR Portfolio S&P 500 Value ETF during the 4th quarter worth approximately $35,000.
SPDR Portfolio S&P 500 Value ETF Stock Performance
Shares of SPYV opened at $57.93 on Thursday. The stock has a 50 day moving average price of $57.94 and a two-hundred day moving average price of $56.98. The firm has a market capitalization of $32.52 billion, a P/E ratio of 20.50 and a beta of 0.87. SPDR Portfolio S&P 500 Value ETF has a 52 week low of $44.61 and a 52 week high of $59.75.
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.
Further Reading
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