Petersen Hastings Wealth Advisors Inc. Invests $1.12 Million in SPDR Portfolio S&P 500 Value ETF $SPYV

Petersen Hastings Wealth Advisors Inc. purchased a new position in SPDR Portfolio S&P 500 Value ETF (NYSEARCA:SPYV) in the fourth quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund purchased 19,723 shares of the company’s stock, valued at approximately $1,120,000.

A number of other large investors have also recently made changes to their positions in the stock. Asempa Wealth Advisors purchased a new stake in SPDR Portfolio S&P 500 Value ETF during the fourth quarter valued at approximately $945,000. ERn Financial LLC boosted its position in shares of SPDR Portfolio S&P 500 Value ETF by 4.9% in the fourth quarter. ERn Financial LLC now owns 676,263 shares of the company’s stock worth $38,419,000 after purchasing an additional 31,736 shares during the period. Slagle Financial LLC boosted its position in shares of SPDR Portfolio S&P 500 Value ETF by 30.0% in the third quarter. Slagle Financial LLC now owns 42,654 shares of the company’s stock worth $2,360,000 after purchasing an additional 9,831 shares during the period. Fifth Third Bancorp boosted its position in shares of SPDR Portfolio S&P 500 Value ETF by 4.8% in the third quarter. Fifth Third Bancorp now owns 275,282 shares of the company’s stock worth $15,231,000 after purchasing an additional 12,700 shares during the period. Finally, CIBC Bancorp USA Inc. bought a new position in shares of SPDR Portfolio S&P 500 Value ETF in the third quarter worth approximately $10,928,000.

SPDR Portfolio S&P 500 Value ETF Price Performance

SPYV opened at $61.38 on Friday. The firm has a market cap of $34.49 billion, a P/E ratio of 20.50 and a beta of 0.82. SPDR Portfolio S&P 500 Value ETF has a 1-year low of $50.76 and a 1-year high of $61.49. The company has a 50 day simple moving average of $59.12 and a two-hundred day simple moving average of $58.15.

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. The selection universe for the S&P 500 Index includes all United States common equities listed on the New York Stock Exchange, National Association of Securities Dealers Automated Quotation (NASDAQ) Global Select Market, NASDAQ Select Market and NASDAQ Capital Market with market capitalizations of $3.5 billion or more.