Riverchase Wealth Management LLC Buys Shares of 49,795 SPDR Portfolio S&P 500 Value ETF (NYSEARCA:SPYV)

Riverchase Wealth 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 49,795 shares of the company’s stock, valued at approximately $2,547,000. SPDR Portfolio S&P 500 Value ETF comprises approximately 1.9% of Riverchase Wealth Management LLC’s investment portfolio, making the stock its 9th largest position.

Other institutional investors have also made changes to their positions in the company. First National Bank of Omaha boosted its position in shares of SPDR Portfolio S&P 500 Value ETF by 1.4% during the third quarter. First National Bank of Omaha now owns 13,456 shares of the company’s stock worth $711,000 after purchasing an additional 187 shares in the last quarter. KM Capital Management Ltd. lifted its holdings in SPDR Portfolio S&P 500 Value ETF by 3.9% during the fourth quarter. KM Capital Management Ltd. now owns 5,068 shares of the company’s stock worth $259,000 after acquiring an additional 192 shares in the last quarter. Mcdonald Partners LLC grew its stake in SPDR Portfolio S&P 500 Value ETF by 1.7% in the fourth quarter. Mcdonald Partners LLC now owns 12,733 shares of the company’s stock valued at $651,000 after acquiring an additional 208 shares during the period. WealthPlan Investment Management LLC increased its holdings in shares of SPDR Portfolio S&P 500 Value ETF by 3.8% in the fourth quarter. WealthPlan Investment Management LLC now owns 5,897 shares of the company’s stock worth $302,000 after acquiring an additional 217 shares in the last quarter. Finally, Waldron Private Wealth LLC raised its position in shares of SPDR Portfolio S&P 500 Value ETF by 1.3% during the fourth quarter. Waldron Private Wealth LLC now owns 17,922 shares of the company’s stock worth $917,000 after purchasing an additional 229 shares during the period.

SPDR Portfolio S&P 500 Value ETF Stock Performance

Shares of SPYV opened at $51.39 on Friday. The firm has a market capitalization of $25.16 billion, a PE ratio of 21.43 and a beta of 0.93. The stock has a 50 day simple moving average of $52.07 and a 200 day simple moving average of $52.54. SPDR Portfolio S&P 500 Value ETF has a 52-week low of $47.22 and a 52-week high of $55.42.

SPDR Portfolio S&P 500 Value ETF Announces Dividend

The business also recently announced a dividend, which was paid on Wednesday, March 26th. Investors of record on Monday, March 24th were paid a $0.1798 dividend. The ex-dividend date was Monday, March 24th.

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.