Arbor Wealth Advisors LLC Takes $450,000 Position in SPDR Portfolio S&P 500 Value ETF (NYSEARCA:SPYV)

Arbor Wealth Advisors LLC bought a new stake in SPDR Portfolio S&P 500 Value ETF (NYSEARCA:SPYV) in the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund bought 9,650 shares of the company’s stock, valued at approximately $450,000.

Other hedge funds and other institutional investors also recently made changes to their positions in the company. BKM Wealth Management LLC acquired a new position in SPDR Portfolio S&P 500 Value ETF during the 4th quarter worth approximately $26,000. McGlone Suttner Wealth Management Inc. acquired a new position in SPDR Portfolio S&P 500 Value ETF during the 4th quarter worth approximately $28,000. Sunbelt Securities Inc. increased its position in SPDR Portfolio S&P 500 Value ETF by 165.5% during the 3rd quarter. Sunbelt Securities Inc. now owns 855 shares of the company’s stock worth $35,000 after purchasing an additional 533 shares in the last quarter. Aptus Capital Advisors LLC increased its position in SPDR Portfolio S&P 500 Value ETF by 377.4% during the 3rd quarter. Aptus Capital Advisors LLC now owns 931 shares of the company’s stock worth $38,000 after purchasing an additional 736 shares in the last quarter. Finally, First Horizon Advisors Inc. increased its position in SPDR Portfolio S&P 500 Value ETF by 52.5% during the 3rd quarter. First Horizon Advisors Inc. now owns 999 shares of the company’s stock worth $41,000 after purchasing an additional 344 shares in the last quarter.

SPDR Portfolio S&P 500 Value ETF Price Performance

SPYV stock traded up $0.35 during trading on Tuesday, reaching $48.56. 1,527,809 shares of the company were exchanged, compared to its average volume of 2,675,751. The company has a 50-day moving average of $48.58 and a two-hundred day moving average of $45.97. The company has a market capitalization of $20.81 billion, a price-to-earnings ratio of 23.06 and a beta of 0.88. SPDR Portfolio S&P 500 Value ETF has a twelve month low of $39.51 and a twelve month high of $50.20.

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.