Cardinal Strategic Wealth Guidance Increases Position in SPDR Portfolio S&P 500 Value ETF (NYSEARCA:SPYV)

Cardinal Strategic Wealth Guidance raised its position in shares of SPDR Portfolio S&P 500 Value ETF (NYSEARCA:SPYV) by 1.4% in the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 128,215 shares of the company’s stock after acquiring an additional 1,716 shares during the period. SPDR Portfolio S&P 500 Value ETF makes up 2.1% of Cardinal Strategic Wealth Guidance’s portfolio, making the stock its 9th biggest holding. Cardinal Strategic Wealth Guidance’s holdings in SPDR Portfolio S&P 500 Value ETF were worth $6,557,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors also recently made changes to their positions in SPYV. CENTRAL TRUST Co boosted its holdings in SPDR Portfolio S&P 500 Value ETF by 199.4% in the 3rd quarter. CENTRAL TRUST Co now owns 491 shares of the company’s stock valued at $26,000 after purchasing an additional 327 shares during the period. Park Place Capital Corp acquired a new position in shares of SPDR Portfolio S&P 500 Value ETF during the fourth quarter valued at about $31,000. ORG Wealth Partners LLC bought a new stake in shares of SPDR Portfolio S&P 500 Value ETF in the third quarter valued at about $33,000. Legacy Investment Solutions LLC acquired a new stake in SPDR Portfolio S&P 500 Value ETF during the third quarter worth about $37,000. Finally, MassMutual Private Wealth & Trust FSB bought a new position in SPDR Portfolio S&P 500 Value ETF during the fourth quarter valued at about $44,000.

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

Shares of NYSEARCA:SPYV opened at $52.29 on Tuesday. The firm has a market capitalization of $22.66 billion, a PE ratio of 24.09 and a beta of 0.81. SPDR Portfolio S&P 500 Value ETF has a 1-year low of $46.42 and a 1-year high of $55.42. The business’s 50 day moving average is $52.29 and its 200-day moving average is $52.34.

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.