MMA Asset Management LLC Invests $296,000 in SPDR Portfolio S&P 500 Value ETF (NYSEARCA:SPYV)

MMA Asset Management LLC acquired a new position in shares of SPDR Portfolio S&P 500 Value ETF (NYSEARCA:SPYVFree Report) in the fourth quarter, HoldingsChannel.com reports. The institutional investor acquired 5,798 shares of the company’s stock, valued at approximately $296,000.

Other hedge funds have also modified their holdings of the company. Park Place Capital Corp purchased a new position in shares of SPDR Portfolio S&P 500 Value ETF during the 4th quarter worth approximately $31,000. Legacy Investment Solutions LLC purchased a new position in shares of SPDR Portfolio S&P 500 Value ETF during the 3rd quarter worth approximately $37,000. MassMutual Private Wealth & Trust FSB purchased a new position in shares of SPDR Portfolio S&P 500 Value ETF during the 4th quarter worth approximately $44,000. Crewe Advisors LLC increased its stake in shares of SPDR Portfolio S&P 500 Value ETF by 136.9% during the 4th quarter. Crewe Advisors LLC now owns 969 shares of the company’s stock worth $50,000 after purchasing an additional 560 shares in the last quarter. Finally, Archer Investment Corp purchased a new position in shares of SPDR Portfolio S&P 500 Value ETF during the 3rd quarter worth approximately $53,000.

SPDR Portfolio S&P 500 Value ETF Price Performance

Shares of SPYV opened at $52.84 on Friday. The firm has a 50 day simple moving average of $52.11 and a 200-day simple moving average of $52.60. SPDR Portfolio S&P 500 Value ETF has a 1-year low of $47.22 and a 1-year high of $55.42. The stock has a market cap of $25.65 billion, a price-to-earnings ratio of 22.42 and a beta of 0.95.

SPDR Portfolio S&P 500 Value ETF Profile

(Free Report)

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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Want to see what other hedge funds are holding SPYV? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for SPDR Portfolio S&P 500 Value ETF (NYSEARCA:SPYVFree Report).

Institutional Ownership by Quarter for SPDR Portfolio S&P 500 Value ETF (NYSEARCA:SPYV)

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