OneAscent Financial Services LLC Acquires New Stake in SPDR Portfolio S&P 500 Value ETF (NYSEARCA:SPYV)

OneAscent Financial Services LLC bought a new stake in SPDR Portfolio S&P 500 Value ETF (NYSEARCA:SPYV) in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund bought 27,656 shares of the company’s stock, valued at approximately $1,414,000.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in SPYV. Park Place Capital Corp acquired a new position in shares of SPDR Portfolio S&P 500 Value ETF in the fourth quarter valued at approximately $31,000. Lindbrook Capital LLC raised its holdings in SPDR Portfolio S&P 500 Value ETF by 224.8% in the 4th quarter. Lindbrook Capital LLC now owns 695 shares of the company’s stock valued at $36,000 after acquiring an additional 481 shares during the last quarter. Legacy Investment Solutions LLC purchased a new position in shares of SPDR Portfolio S&P 500 Value ETF during the 3rd quarter worth $37,000. Angeles Investment Advisors LLC purchased a new stake in shares of SPDR Portfolio S&P 500 Value ETF in the fourth quarter valued at $41,000. Finally, MassMutual Private Wealth & Trust FSB purchased a new stake in SPDR Portfolio S&P 500 Value ETF in the 4th quarter valued at about $44,000.

SPDR Portfolio S&P 500 Value ETF Price Performance

Shares of SPYV stock opened at $51.05 on Wednesday. The firm’s 50-day simple moving average is $52.00 and its 200-day simple moving average is $52.54. SPDR Portfolio S&P 500 Value ETF has a 1-year low of $47.22 and a 1-year high of $55.42. The firm has a market cap of $25.17 billion, a P/E ratio of 21.49 and a beta of 0.93.

SPDR Portfolio S&P 500 Value ETF Dividend Announcement

The business also recently declared a dividend, which was paid on Wednesday, March 26th. Shareholders of record on Monday, March 24th were issued 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.