Partnership Wealth Management LLC Has $7.05 Million Position in SPDR Portfolio S&P 500 Value ETF (NYSEARCA:SPYV)

Partnership Wealth Management LLC lifted its position in shares of SPDR Portfolio S&P 500 Value ETF (NYSEARCA:SPYV) by 12.7% during the 4th quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 137,833 shares of the company’s stock after acquiring an additional 15,502 shares during the quarter. SPDR Portfolio S&P 500 Value ETF makes up approximately 5.9% of Partnership Wealth Management LLC’s portfolio, making the stock its 4th biggest position. Partnership Wealth Management LLC’s holdings in SPDR Portfolio S&P 500 Value ETF were worth $7,049,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also bought and sold shares of SPYV. CENTRAL TRUST Co raised its stake in shares of SPDR Portfolio S&P 500 Value ETF by 199.4% during the third quarter. CENTRAL TRUST Co now owns 491 shares of the company’s stock valued at $26,000 after acquiring an additional 327 shares during the last quarter. Kayne Anderson Rudnick Investment Management LLC increased its holdings in SPDR Portfolio S&P 500 Value ETF by 227.0% in the second quarter. Kayne Anderson Rudnick Investment Management LLC now owns 582 shares of the company’s stock valued at $28,000 after purchasing an additional 404 shares during the period. ORG Wealth Partners LLC bought a new position in SPDR Portfolio S&P 500 Value ETF during the 3rd quarter worth $33,000. Legacy Investment Solutions LLC acquired a new position in SPDR Portfolio S&P 500 Value ETF during the 3rd quarter worth about $37,000. Finally, Thurston Springer Miller Herd & Titak Inc. bought a new stake in shares of SPDR Portfolio S&P 500 Value ETF in the 3rd quarter valued at about $51,000.

SPDR Portfolio S&P 500 Value ETF Stock Performance

Shares of SPYV stock traded up $0.05 on Wednesday, hitting $51.23. The company had a trading volume of 1,856,300 shares, compared to its average volume of 2,429,783. SPDR Portfolio S&P 500 Value ETF has a twelve month low of $45.64 and a twelve month high of $55.42. The firm has a market cap of $22.20 billion, a P/E ratio of 24.09 and a beta of 0.81. The stock’s 50-day moving average is $53.10 and its two-hundred day moving average is $51.91.

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.