Dynasty Wealth Management LLC grew its stake in SPDR Portfolio S&P 500 Value ETF (NYSEARCA:SPYV – Free Report) by 71.6% during the 4th quarter, HoldingsChannel.com reports. The firm owned 3,310,399 shares of the company’s stock after buying an additional 1,380,993 shares during the period. SPDR Portfolio S&P 500 Value ETF accounts for about 2.9% of Dynasty Wealth Management LLC’s holdings, making the stock its 12th largest position. Dynasty Wealth Management LLC’s holdings in SPDR Portfolio S&P 500 Value ETF were worth $169,294,000 as of its most recent SEC filing.
Other institutional investors and hedge funds also recently made changes to their positions in the company. Private Trust Co. NA increased its position in shares of SPDR Portfolio S&P 500 Value ETF by 1.3% during the fourth quarter. Private Trust Co. NA now owns 93,898 shares of the company’s stock valued at $4,802,000 after purchasing an additional 1,224 shares during the period. Verus Capital Partners LLC lifted its holdings in shares of SPDR Portfolio S&P 500 Value ETF by 5.4% during the 4th quarter. Verus Capital Partners LLC now owns 246,170 shares of the company’s stock worth $12,589,000 after acquiring an additional 12,568 shares during the period. QRG Capital Management Inc. acquired a new stake in shares of SPDR Portfolio S&P 500 Value ETF during the 4th quarter valued at about $208,000. Oppenheimer & Co. Inc. bought a new stake in SPDR Portfolio S&P 500 Value ETF in the fourth quarter valued at about $4,623,000. Finally, Kovack Advisors Inc. raised its position in SPDR Portfolio S&P 500 Value ETF by 5.7% in the fourth quarter. Kovack Advisors Inc. now owns 12,016 shares of the company’s stock worth $615,000 after purchasing an additional 644 shares in the last quarter.
SPDR Portfolio S&P 500 Value ETF Stock Down 0.5 %
Shares of SPYV opened at $52.16 on Friday. SPDR Portfolio S&P 500 Value ETF has a 12 month low of $47.22 and a 12 month high of $55.42. The stock has a market cap of $25.32 billion, a price-to-earnings ratio of 22.42 and a beta of 0.95. The company has a 50-day moving average price of $52.09 and a two-hundred day moving average price of $52.56.
SPDR Portfolio S&P 500 Value ETF Company 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.
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