Partnership Wealth Management LLC Purchases 15,502 Shares of SPDR Portfolio S&P 500 Value ETF (NYSEARCA:SPYV)

Partnership Wealth Management LLC grew its holdings in SPDR Portfolio S&P 500 Value ETF (NYSEARCA:SPYV) by 12.7% in the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 137,833 shares of the company’s stock after acquiring an additional 15,502 shares during the quarter. SPDR Portfolio S&P 500 Value ETF accounts for about 5.9% of Partnership Wealth Management LLC’s investment portfolio, making the stock its 4th largest holding. Partnership Wealth Management LLC’s holdings in SPDR Portfolio S&P 500 Value ETF were worth $7,049,000 at the end of the most recent quarter.

Other institutional investors have also modified their holdings of the company. CENTRAL TRUST Co raised its position in SPDR Portfolio S&P 500 Value ETF by 199.4% in the 3rd quarter. CENTRAL TRUST Co now owns 491 shares of the company’s stock valued at $26,000 after buying an additional 327 shares during the last quarter. Kayne Anderson Rudnick Investment Management LLC boosted its holdings in SPDR Portfolio S&P 500 Value ETF by 227.0% during the second quarter. Kayne Anderson Rudnick Investment Management LLC now owns 582 shares of the company’s stock worth $28,000 after purchasing an additional 404 shares during the last quarter. ORG Wealth Partners LLC acquired a new position in SPDR Portfolio S&P 500 Value ETF during the third quarter worth $33,000. Legacy Investment Solutions LLC bought a new position in SPDR Portfolio S&P 500 Value ETF in the third quarter valued at $37,000. Finally, Thurston Springer Miller Herd & Titak Inc. acquired a new stake in SPDR Portfolio S&P 500 Value ETF in the 3rd quarter valued at $51,000.

SPDR Portfolio S&P 500 Value ETF Trading Up 0.1 %

Shares of SPDR Portfolio S&P 500 Value ETF stock traded up $0.05 during trading hours on Wednesday, reaching $51.23. 1,856,300 shares of the company’s stock were exchanged, compared to its average volume of 2,429,783. The stock has a market cap of $22.20 billion, a P/E ratio of 24.09 and a beta of 0.81. The company has a 50 day moving average of $53.10 and a two-hundred day moving average of $51.91. SPDR Portfolio S&P 500 Value ETF has a fifty-two week low of $45.64 and a fifty-two week high of $55.42.

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.