SPDR Portfolio S&P 500 Value ETF (NYSEARCA:SPYV) is Choice Wealth Advisors LLC’s Largest Position

Choice Wealth Advisors LLC raised its position in SPDR Portfolio S&P 500 Value ETF (NYSEARCA:SPYV) by 0.4% in the first quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 535,486 shares of the company’s stock after buying an additional 2,113 shares during the period. SPDR Portfolio S&P 500 Value ETF comprises 14.3% of Choice Wealth Advisors LLC’s investment portfolio, making the stock its biggest position. Choice Wealth Advisors LLC owned approximately 0.11% of SPDR Portfolio S&P 500 Value ETF worth $27,347,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in SPYV. KM Capital Management Ltd. grew its position in shares of SPDR Portfolio S&P 500 Value ETF by 3.9% in the fourth quarter. KM Capital Management Ltd. now owns 5,068 shares of the company’s stock valued at $259,000 after purchasing an additional 192 shares during the period. Mcdonald Partners LLC grew its position in shares of 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 purchasing an additional 208 shares during the period. WealthPlan Investment Management LLC grew its position 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 valued at $302,000 after purchasing an additional 217 shares during the period. Diversified Enterprises LLC grew its position in shares of SPDR Portfolio S&P 500 Value ETF by 2.4% in the fourth quarter. Diversified Enterprises LLC now owns 11,304 shares of the company’s stock valued at $578,000 after purchasing an additional 264 shares during the period. Finally, Salomon & Ludwin LLC grew its position in shares of SPDR Portfolio S&P 500 Value ETF by 0.5% in the fourth quarter. Salomon & Ludwin LLC now owns 57,780 shares of the company’s stock valued at $2,955,000 after purchasing an additional 271 shares during the period.

SPDR Portfolio S&P 500 Value ETF Stock Down 0.2%

Shares of NYSEARCA SPYV opened at $50.86 on Friday. The company’s 50-day simple moving average is $49.28 and its 200-day simple moving average is $51.28. SPDR Portfolio S&P 500 Value ETF has a 52-week low of $44.39 and a 52-week high of $55.42. The firm has a market cap of $25.70 billion, a price-to-earnings ratio of 21.00 and a beta of 0.89.

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.