SPDR Portfolio S&P 500 Value ETF (NYSEARCA:SPYV) is Western Wealth Management LLC’s 8th Largest Position

Western Wealth Management LLC lifted its holdings in shares of SPDR Portfolio S&P 500 Value ETF (NYSEARCA:SPYV) by 6.6% during the 1st quarter, according to the company in its most recent filing with the SEC. The fund owned 536,053 shares of the company’s stock after purchasing an additional 32,996 shares during the period. SPDR Portfolio S&P 500 Value ETF comprises about 1.8% of Western Wealth Management LLC’s investment portfolio, making the stock its 8th biggest position. Western Wealth Management LLC owned 0.11% of SPDR Portfolio S&P 500 Value ETF worth $27,376,000 as of its most recent SEC filing.

Other large investors also recently added to or reduced their stakes in the company. Garde Capital Inc. purchased a new stake in shares of SPDR Portfolio S&P 500 Value ETF during the first quarter valued at approximately $33,000. Wood Tarver Financial Group LLC bought a new stake in SPDR Portfolio S&P 500 Value ETF during the 4th quarter valued at $35,000. Lindbrook Capital LLC boosted its position in SPDR Portfolio S&P 500 Value ETF by 224.8% during the 4th quarter. Lindbrook Capital LLC now owns 695 shares of the company’s stock valued at $36,000 after buying an additional 481 shares during the period. Deutsche Bank AG grew its holdings in SPDR Portfolio S&P 500 Value ETF by 81.3% in the 4th quarter. Deutsche Bank AG now owns 725 shares of the company’s stock worth $37,000 after acquiring an additional 325 shares during the last quarter. Finally, Angeles Investment Advisors LLC bought a new stake in SPDR Portfolio S&P 500 Value ETF in the 4th quarter worth $41,000.

SPDR Portfolio S&P 500 Value ETF Trading Down 0.3%

SPYV stock opened at $51.64 on Thursday. The stock has a market capitalization of $26.24 billion, a price-to-earnings ratio of 20.36 and a beta of 0.88. The firm’s 50-day moving average price is $50.29 and its two-hundred day moving average price is $50.97. SPDR Portfolio S&P 500 Value ETF has a 12-month low of $44.39 and a 12-month high of $55.42.

SPDR Portfolio S&P 500 Value ETF Company 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.