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

Horizon Wealth Management LLC increased its position in shares of SPDR Portfolio S&P 500 Value ETF (NYSEARCA:SPYV) by 19.6% during the 1st quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 425,462 shares of the company’s stock after acquiring an additional 69,723 shares during the period. SPDR Portfolio S&P 500 Value ETF comprises 5.6% of Horizon Wealth Management LLC’s investment portfolio, making the stock its 6th biggest position. Horizon Wealth Management LLC owned approximately 0.10% of SPDR Portfolio S&P 500 Value ETF worth $21,316,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors also recently bought and sold shares of SPYV. Lynch & Associates IN grew its holdings in shares of SPDR Portfolio S&P 500 Value ETF by 0.3% in the fourth quarter. Lynch & Associates IN now owns 131,478 shares of the company’s stock valued at $6,131,000 after purchasing an additional 386 shares in the last quarter. First Command Advisory Services Inc. raised its stake in shares of SPDR Portfolio S&P 500 Value ETF by 3.1% in the fourth quarter. First Command Advisory Services Inc. now owns 517,604 shares of the company’s stock valued at $24,168,000 after acquiring an additional 15,759 shares in the last quarter. Stone Point Wealth LLC grew its holdings in SPDR Portfolio S&P 500 Value ETF by 2.9% during the 4th quarter. Stone Point Wealth LLC now owns 190,619 shares of the company’s stock worth $8,889,000 after acquiring an additional 5,427 shares in the last quarter. Brogan Financial Inc. acquired a new stake in shares of SPDR Portfolio S&P 500 Value ETF in the 4th quarter valued at $279,000. Finally, OLD National Bancorp IN grew its stake in shares of SPDR Portfolio S&P 500 Value ETF by 4.5% during the fourth quarter. OLD National Bancorp IN now owns 1,574,266 shares of the company’s stock worth $73,408,000 after purchasing an additional 67,258 shares in the last quarter.

SPDR Portfolio S&P 500 Value ETF Stock Performance

NYSEARCA SPYV traded down $0.20 during trading on Monday, reaching $48.54. 1,405,193 shares of the company’s stock were exchanged, compared to its average volume of 2,443,502. SPDR Portfolio S&P 500 Value ETF has a 1 year low of $39.51 and a 1 year high of $50.20. The stock has a market cap of $21.04 billion, a P/E ratio of 24.09 and a beta of 0.81. The company has a 50 day moving average price of $48.98 and a two-hundred day moving average price of $48.12.

SPDR Portfolio S&P 500 Value ETF Company 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.