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

MMA Asset Management LLC purchased a new position in shares of SPDR Portfolio S&P 500 Value ETF (NYSEARCA:SPYV) during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund purchased 5,798 shares of the company’s stock, valued at approximately $296,000.

Other institutional investors and hedge funds have also made changes to their positions in the company. JPMorgan Chase & Co. increased its stake in shares of SPDR Portfolio S&P 500 Value ETF by 5.4% during the third quarter. JPMorgan Chase & Co. now owns 5,569,723 shares of the company’s stock worth $294,416,000 after acquiring an additional 286,795 shares during the period. Hobart Private Capital LLC grew its position in SPDR Portfolio S&P 500 Value ETF by 1.2% during the fourth quarter. Hobart Private Capital LLC now owns 163,808 shares of the company’s stock worth $8,377,000 after buying an additional 1,881 shares during the period. Wrapmanager Inc. grew its position in SPDR Portfolio S&P 500 Value ETF by 0.6% during the fourth quarter. Wrapmanager Inc. now owns 208,554 shares of the company’s stock worth $10,665,000 after buying an additional 1,214 shares during the period. Trilogy Capital Inc. grew its position in SPDR Portfolio S&P 500 Value ETF by 10.4% during the fourth quarter. Trilogy Capital Inc. now owns 146,514 shares of the company’s stock worth $7,493,000 after buying an additional 13,800 shares during the period. Finally, Certified Advisory Corp grew its position in SPDR Portfolio S&P 500 Value ETF by 4.4% during the third quarter. Certified Advisory Corp now owns 64,684 shares of the company’s stock worth $3,419,000 after buying an additional 2,715 shares during the period.

SPDR Portfolio S&P 500 Value ETF Trading Up 1.3 %

Shares of SPYV opened at $52.84 on Friday. The firm’s 50-day moving average is $52.11 and its two-hundred day moving average is $52.60. SPDR Portfolio S&P 500 Value ETF has a twelve month low of $47.22 and a twelve month high of $55.42. The firm has a market capitalization of $25.65 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.