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

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

A number of other hedge funds have also recently made changes to their positions in the business. CENTRAL TRUST Co lifted its holdings in SPDR Portfolio S&P 500 Value ETF by 199.4% in the 3rd quarter. CENTRAL TRUST Co now owns 491 shares of the company’s stock worth $26,000 after purchasing an additional 327 shares in the last quarter. Park Place Capital Corp purchased a new stake in shares of SPDR Portfolio S&P 500 Value ETF during the 4th quarter worth approximately $31,000. Legacy Investment Solutions LLC bought a new position in shares of SPDR Portfolio S&P 500 Value ETF during the 3rd quarter valued at approximately $37,000. MassMutual Private Wealth & Trust FSB purchased a new position in shares of SPDR Portfolio S&P 500 Value ETF in the fourth quarter valued at $44,000. Finally, Crewe Advisors LLC grew its stake in shares of SPDR Portfolio S&P 500 Value ETF by 136.9% in the 4th quarter. Crewe Advisors LLC now owns 969 shares of the company’s stock worth $50,000 after buying an additional 560 shares in the last quarter.

SPDR Portfolio S&P 500 Value ETF Trading Up 0.1 %

SPYV opened at $52.69 on Tuesday. 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 50-day moving average of $52.04 and a 200 day moving average of $52.53. The firm has a market cap of $25.57 billion, a P/E ratio of 22.42 and a beta of 0.95.

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.