SPDR Portfolio S&P 500 Value ETF (NYSEARCA:SPYV) Shares Acquired by Abound Wealth Management

Abound Wealth Management boosted its holdings in SPDR Portfolio S&P 500 Value ETF (NYSEARCA:SPYV) by 458.7% during the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund owned 1,408 shares of the company’s stock after acquiring an additional 1,156 shares during the period. Abound Wealth Management’s holdings in SPDR Portfolio S&P 500 Value ETF were worth $72,000 as of its most recent filing with the Securities and Exchange Commission.

Several other hedge funds have also recently added to or reduced their stakes in the business. CENTRAL TRUST Co raised its holdings in shares of SPDR Portfolio S&P 500 Value ETF by 199.4% in the third quarter. CENTRAL TRUST Co now owns 491 shares of the company’s stock worth $26,000 after acquiring an additional 327 shares during the last quarter. Kayne Anderson Rudnick Investment Management LLC raised 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 during the last quarter. ORG Wealth Partners LLC purchased a new position in SPDR Portfolio S&P 500 Value ETF in the 3rd quarter valued at about $33,000. Legacy Investment Solutions LLC purchased a new stake in shares of SPDR Portfolio S&P 500 Value ETF during the third quarter worth about $37,000. Finally, Thurston Springer Miller Herd & Titak Inc. acquired a new position in shares of SPDR Portfolio S&P 500 Value ETF in the third quarter valued at approximately $51,000.

SPDR Portfolio S&P 500 Value ETF Stock Performance

NYSEARCA SPYV traded up $0.28 during mid-day trading on Monday, reaching $50.70. 2,355,576 shares of the stock were exchanged, compared to its average volume of 2,379,123. The stock has a market capitalization of $21.97 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 $45.64 and a 1-year high of $55.42. The business’s fifty day simple moving average is $53.01 and its 200 day simple moving average is $51.95.

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.