Burney Co. Boosts Stake in SPDR Portfolio S&P 500 Value ETF (NYSEARCA:SPYV)

Burney Co. increased its holdings in shares of SPDR Portfolio S&P 500 Value ETF (NYSEARCA:SPYV) by 22.9% during the fourth quarter, HoldingsChannel reports. The fund owned 47,113 shares of the company’s stock after buying an additional 8,776 shares during the period. Burney Co.’s holdings in SPDR Portfolio S&P 500 Value ETF were worth $2,409,000 at the end of the most recent reporting period.

Several other large investors have also recently bought and sold shares of SPYV. CENTRAL TRUST Co lifted its position in shares of SPDR Portfolio S&P 500 Value ETF by 199.4% during the 3rd 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 period. Kayne Anderson Rudnick Investment Management LLC increased its stake in SPDR Portfolio S&P 500 Value ETF by 227.0% in the 2nd 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 in the last quarter. ORG Wealth Partners LLC acquired a new position in SPDR Portfolio S&P 500 Value ETF during the third quarter worth $33,000. Legacy Investment Solutions LLC purchased a new stake in SPDR Portfolio S&P 500 Value ETF during the third quarter worth $37,000. Finally, Thurston Springer Miller Herd & Titak Inc. acquired a new stake in SPDR Portfolio S&P 500 Value ETF in the third quarter valued at $51,000.

SPDR Portfolio S&P 500 Value ETF Stock Up 1.3 %

Shares of SPYV stock opened at $51.64 on Thursday. The stock has a market cap of $22.38 billion, a P/E ratio of 24.09 and a beta of 0.81. SPDR Portfolio S&P 500 Value ETF has a fifty-two week low of $45.64 and a fifty-two week high of $55.42. The business has a fifty day simple moving average of $52.91 and a 200-day simple moving average of $51.98.

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.