Cornerstone Wealth Group LLC Increases Stock Holdings in SPDR Portfolio S&P 500 Value ETF $SPYV

Cornerstone Wealth Group LLC increased its holdings in SPDR Portfolio S&P 500 Value ETF (NYSEARCA:SPYV) by 134.8% in the first quarter, HoldingsChannel.com reports. The fund owned 138,141 shares of the company’s stock after acquiring an additional 79,306 shares during the period. Cornerstone Wealth Group LLC’s holdings in SPDR Portfolio S&P 500 Value ETF were worth $8,134,000 at the end of the most recent quarter.

Several other large investors have also added to or reduced their stakes in SPYV. Key Capital Management INC bought a new position in SPDR Portfolio S&P 500 Value ETF in the 4th quarter worth $25,000. Highline Wealth Partners LLC lifted its position in shares of SPDR Portfolio S&P 500 Value ETF by 229.2% in the 4th quarter. Highline Wealth Partners LLC now owns 451 shares of the company’s stock worth $26,000 after purchasing an additional 314 shares during the period. Thurston Springer Miller Herd & Titak Inc. bought a new stake in shares of SPDR Portfolio S&P 500 Value ETF during the 4th quarter valued at about $26,000. Triumph Capital Management bought a new stake in shares of SPDR Portfolio S&P 500 Value ETF during the 3rd quarter valued at about $30,000. Finally, CENTRAL TRUST Co increased its position in shares of SPDR Portfolio S&P 500 Value ETF by 191.2% during the fourth quarter. CENTRAL TRUST Co now owns 527 shares of the company’s stock valued at $30,000 after buying an additional 346 shares during the period.

SPDR Portfolio S&P 500 Value ETF Price Performance

SPYV stock opened at $60.61 on Friday. SPDR Portfolio S&P 500 Value ETF has a 1 year low of $51.86 and a 1 year high of $61.87. The company has a market cap of $34.06 billion, a P/E ratio of 20.50 and a beta of 0.82. The firm has a 50-day moving average of $60.32 and a 200 day moving average of $58.66.

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.