Stack Financial Management Inc Invests $289,000 in SPDR Portfolio S&P 500 Value ETF (NYSEARCA:SPYV)

Stack Financial Management Inc purchased a new stake in shares of SPDR Portfolio S&P 500 Value ETF (NYSEARCA:SPYV) during the 4th quarter, according to its most recent filing with the SEC. The institutional investor purchased 5,644 shares of the company’s stock, valued at approximately $289,000.

Other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. LPL Financial LLC grew its stake in shares of SPDR Portfolio S&P 500 Value ETF by 8.8% during the third quarter. LPL Financial LLC now owns 39,150,619 shares of the company’s stock valued at $2,069,502,000 after buying an additional 3,176,679 shares during the last quarter. Mount Yale Investment Advisors LLC purchased a new position in SPDR Portfolio S&P 500 Value ETF during the 4th quarter worth $69,902,000. Orion Portfolio Solutions LLC raised its holdings in shares of SPDR Portfolio S&P 500 Value ETF by 1,525.1% in the third quarter. Orion Portfolio Solutions LLC now owns 1,449,664 shares of the company’s stock valued at $76,629,000 after acquiring an additional 1,360,461 shares in the last quarter. Bell Bank bought a new stake in shares of SPDR Portfolio S&P 500 Value ETF in the 4th quarter valued at about $64,059,000. Finally, Strategic Financial Concepts LLC lifted its holdings in SPDR Portfolio S&P 500 Value ETF by 5,118.6% during the fourth quarter. Strategic Financial Concepts LLC now owns 926,973 shares of the company’s stock worth $47,405,000 after buying an additional 909,210 shares during the period.

SPDR Portfolio S&P 500 Value ETF Price Performance

Shares of SPYV stock opened at $52.69 on Tuesday. SPDR Portfolio S&P 500 Value ETF has a 1-year low of $47.22 and a 1-year high of $55.42. The company has a market cap of $25.57 billion, a P/E ratio of 22.42 and a beta of 0.95. The stock’s 50-day moving average is $52.04 and its 200 day moving average is $52.53.

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.