E&G Advisors LP Buys 1,185 Shares of SPDR Portfolio S&P 500 Value ETF (NYSEARCA:SPYV)

E&G Advisors LP raised its position in SPDR Portfolio S&P 500 Value ETF (NYSEARCA:SPYV) by 3.8% during the fourth quarter, according to the company in its most recent disclosure with the SEC. The firm owned 32,347 shares of the company’s stock after acquiring an additional 1,185 shares during the quarter. E&G Advisors LP’s holdings in SPDR Portfolio S&P 500 Value ETF were worth $1,654,000 at the end of the most recent quarter.

Other institutional investors also recently bought and sold shares of the company. CENTRAL TRUST Co boosted 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 purchasing an additional 327 shares during the period. Park Place Capital Corp purchased a new stake in shares of SPDR Portfolio S&P 500 Value ETF in the fourth quarter worth about $31,000. ORG Wealth Partners LLC purchased a new stake in SPDR Portfolio S&P 500 Value ETF during the third quarter worth $33,000. Legacy Investment Solutions LLC acquired a new stake in SPDR Portfolio S&P 500 Value ETF in the third quarter valued at approximately $37,000. Finally, MassMutual Private Wealth & Trust FSB purchased a new position in shares of SPDR Portfolio S&P 500 Value ETF in the fourth quarter valued at approximately $44,000.

SPDR Portfolio S&P 500 Value ETF Trading Down 0.6 %

Shares of SPYV opened at $52.31 on Tuesday. SPDR Portfolio S&P 500 Value ETF has a 12-month low of $46.42 and a 12-month high of $55.42. The firm has a 50-day moving average price of $52.56 and a 200 day moving average price of $52.27. The firm has a market capitalization of $22.67 billion, a P/E ratio of 24.09 and a beta of 0.81.

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.