Balanced Wealth Group LLC Acquires 14,236 Shares of SPDR Portfolio S&P 500 Value ETF (NYSEARCA:SPYV)

Balanced Wealth Group LLC raised its holdings in SPDR Portfolio S&P 500 Value ETF (NYSEARCA:SPYV) by 1.8% during the 4th quarter, according to the company in its most recent disclosure with the SEC. The firm owned 802,804 shares of the company’s stock after buying an additional 14,236 shares during the quarter. SPDR Portfolio S&P 500 Value ETF accounts for 17.3% of Balanced Wealth Group LLC’s investment portfolio, making the stock its largest holding. Balanced Wealth Group LLC’s holdings in SPDR Portfolio S&P 500 Value ETF were worth $39,007,000 as of its most recent SEC filing.

Other institutional investors have also recently added to or reduced their stakes in the company. Donaldson Capital Management LLC acquired a new position in SPDR Portfolio S&P 500 Value ETF in the fourth quarter valued at approximately $221,000. JPMorgan Chase & Co. lifted its stake in SPDR Portfolio S&P 500 Value ETF by 5.4% in the third quarter. JPMorgan Chase & Co. now owns 5,569,723 shares of the company’s stock valued at $294,416,000 after buying an additional 286,795 shares during the period. Hobart Private Capital LLC lifted its stake in SPDR Portfolio S&P 500 Value ETF by 1.2% in the fourth quarter. Hobart Private Capital LLC now owns 163,808 shares of the company’s stock valued at $8,377,000 after buying an additional 1,881 shares during the period. Wrapmanager Inc. lifted its stake in SPDR Portfolio S&P 500 Value ETF by 0.6% in the fourth quarter. Wrapmanager Inc. now owns 208,554 shares of the company’s stock valued at $10,665,000 after buying an additional 1,214 shares during the period. Finally, Trilogy Capital Inc. raised its position in shares of 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 purchasing an additional 13,800 shares during the period.

SPDR Portfolio S&P 500 Value ETF Stock Down 0.5 %

Shares of NYSEARCA:SPYV opened at $50.20 on Thursday. SPDR Portfolio S&P 500 Value ETF has a twelve month low of $47.22 and a twelve month high of $55.42. The stock’s 50 day moving average is $52.09 and its 200-day moving average is $52.62. The firm has a market capitalization of $24.58 billion, a price-to-earnings ratio of 21.43 and a beta of 0.93.

SPDR Portfolio S&P 500 Value ETF 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.