WJ Wealth Management LLC lifted its holdings in shares of SPDR Portfolio S&P 500 Value ETF (NYSEARCA:SPYV – Free Report) by 88.6% in the 2nd quarter, HoldingsChannel.com reports. The institutional investor owned 56,534 shares of the company’s stock after acquiring an additional 26,557 shares during the period. SPDR Portfolio S&P 500 Value ETF accounts for approximately 1.2% of WJ Wealth Management LLC’s portfolio, making the stock its 23rd biggest holding. WJ Wealth Management LLC’s holdings in SPDR Portfolio S&P 500 Value ETF were worth $2,442,000 at the end of the most recent quarter.
Other institutional investors and hedge funds have also added to or reduced their stakes in the company. J.W. Cole Advisors Inc. raised its position in shares of SPDR Portfolio S&P 500 Value ETF by 16.4% during the 1st quarter. J.W. Cole Advisors Inc. now owns 17,835 shares of the company’s stock worth $726,000 after buying an additional 2,515 shares in the last quarter. Harbor Group Inc. increased its stake in shares of SPDR Portfolio S&P 500 Value ETF by 0.4% during the first quarter. Harbor Group Inc. now owns 374,628 shares of the company’s stock valued at $15,255,000 after acquiring an additional 1,541 shares during the period. Angeles Wealth Management LLC raised its holdings in SPDR Portfolio S&P 500 Value ETF by 8.3% during the fourth quarter. Angeles Wealth Management LLC now owns 897,631 shares of the company’s stock worth $34,909,000 after purchasing an additional 68,432 shares in the last quarter. Kalos Management Inc. bought a new stake in SPDR Portfolio S&P 500 Value ETF during the fourth quarter worth approximately $37,000. Finally, Twelve Points Wealth Management LLC lifted its position in SPDR Portfolio S&P 500 Value ETF by 15.9% in the first quarter. Twelve Points Wealth Management LLC now owns 16,734 shares of the company’s stock worth $681,000 after purchasing an additional 2,294 shares during the period.
SPDR Portfolio S&P 500 Value ETF Stock Down 0.3 %
NYSEARCA SPYV traded down $0.14 on Monday, reaching $43.07. 262,470 shares of the stock traded hands, compared to its average volume of 2,370,786. SPDR Portfolio S&P 500 Value ETF has a 12 month low of $34.17 and a 12 month high of $44.91. The company has a market cap of $16.22 billion, a price-to-earnings ratio of 13.69 and a beta of 0.94. The firm’s fifty day simple moving average is $43.62 and its 200 day simple moving average is $41.93.
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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