International Assets Investment Management LLC Invests $3.01 Million in SPDR Portfolio S&P 500 Value ETF (NYSEARCA:SPYV)

International Assets Investment Management LLC purchased a new position in SPDR Portfolio S&P 500 Value ETF (NYSEARCA:SPYV) during the 4th quarter, according to its most recent 13F filing with the SEC. The firm purchased 64,619 shares of the company’s stock, valued at approximately $3,013,000.

Other hedge funds and other institutional investors have also made changes to their positions in the company. Bartlett & CO. Wealth Management LLC bought a new position in shares of SPDR Portfolio S&P 500 Value ETF in the 4th quarter worth $25,000. Deutsche Bank AG bought a new position in shares of SPDR Portfolio S&P 500 Value ETF in the 4th quarter worth $25,000. BKM Wealth Management LLC bought a new position in shares of SPDR Portfolio S&P 500 Value ETF in the 4th quarter worth $26,000. McGlone Suttner Wealth Management Inc. bought a new position in shares of SPDR Portfolio S&P 500 Value ETF in the 4th quarter worth $28,000. Finally, Sunbelt Securities Inc. boosted its position in shares of SPDR Portfolio S&P 500 Value ETF by 165.5% in the 3rd quarter. Sunbelt Securities Inc. now owns 855 shares of the company’s stock worth $35,000 after purchasing an additional 533 shares during the last quarter.

SPDR Portfolio S&P 500 Value ETF Trading Up 0.2 %

SPYV stock opened at $47.47 on Friday. The business’s 50-day moving average price is $48.51 and its two-hundred day moving average price is $45.74. The firm has a market cap of $20.34 billion, a PE ratio of 23.06 and a beta of 0.88. SPDR Portfolio S&P 500 Value ETF has a 1-year low of $39.51 and a 1-year high of $50.20.

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.