Town Capital LLC increased its stake in SPDR Portfolio S&P 500 Value ETF (NYSEARCA:SPYV – Free Report) by 104.0% during the first quarter, according to its most recent filing with the Securities and Exchange Commission. The firm owned 169,388 shares of the company’s stock after purchasing an additional 86,373 shares during the quarter. SPDR Portfolio S&P 500 Value ETF makes up approximately 7.8% of Town Capital LLC’s portfolio, making the stock its 2nd biggest holding. Town Capital LLC’s holdings in SPDR Portfolio S&P 500 Value ETF were worth $9,584,000 at the end of the most recent reporting period.
Several other institutional investors have also bought and sold shares of SPYV. Key Capital Management INC purchased a new stake in SPDR Portfolio S&P 500 Value ETF in the fourth quarter worth $25,000. Thurston Springer Miller Herd & Titak Inc. purchased a new position in shares of SPDR Portfolio S&P 500 Value ETF during the 4th quarter valued at $26,000. Meramec Financial Planners LLC purchased a new position in shares of SPDR Portfolio S&P 500 Value ETF during the 1st quarter valued at $28,000. Signature Equity Partners LLC grew its stake in shares of SPDR Portfolio S&P 500 Value ETF by 163.2% during the 1st quarter. Signature Equity Partners LLC now owns 500 shares of the company’s stock worth $28,000 after acquiring an additional 310 shares during the period. Finally, Advisortrust Partners LLC bought a new position in shares of SPDR Portfolio S&P 500 Value ETF during the 1st quarter worth $29,000.
SPDR Portfolio S&P 500 Value ETF Stock Performance
Shares of SPDR Portfolio S&P 500 Value ETF stock opened at $62.06 on Monday. SPDR Portfolio S&P 500 Value ETF has a 52-week low of $51.97 and a 52-week high of $62.91. The stock’s 50-day simple moving average is $61.31 and its 200 day simple moving average is $59.46. The stock has a market capitalization of $36.18 billion, a P/E ratio of 20.50 and a beta of 0.82.
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. 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.
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