American Financial & Tax Strategies Inc. Buys 27,486 Shares of SPDR Portfolio S&P 500 Value ETF (NYSEARCA:SPYV)

American Financial & Tax Strategies Inc. grew its stake in SPDR Portfolio S&P 500 Value ETF (NYSEARCA:SPYV) by 21.0% during the 4th quarter, HoldingsChannel reports. The firm owned 158,620 shares of the company’s stock after acquiring an additional 27,486 shares during the quarter. SPDR Portfolio S&P 500 Value ETF makes up approximately 4.2% of American Financial & Tax Strategies Inc.’s holdings, making the stock its 5th biggest holding. American Financial & Tax Strategies Inc.’s holdings in SPDR Portfolio S&P 500 Value ETF were worth $8,112,000 at the end of the most recent reporting period.

A number of other hedge funds have also modified their holdings of SPYV. CENTRAL TRUST Co lifted its position 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 worth $26,000 after purchasing an additional 327 shares in the last quarter. Park Place Capital Corp bought a new stake in shares of SPDR Portfolio S&P 500 Value ETF during the 4th quarter valued at $31,000. ORG Wealth Partners LLC acquired a new position in shares of SPDR Portfolio S&P 500 Value ETF in the 3rd quarter valued at $33,000. Legacy Investment Solutions LLC bought a new position in shares of SPDR Portfolio S&P 500 Value ETF in the 3rd quarter worth $37,000. Finally, MassMutual Private Wealth & Trust FSB acquired a new stake in shares of SPDR Portfolio S&P 500 Value ETF during the fourth quarter worth $44,000.

SPDR Portfolio S&P 500 Value ETF Price Performance

Shares of SPYV stock opened at $52.58 on Friday. The stock has a 50-day moving average of $52.40 and a 200-day moving average of $52.30. The stock has a market cap of $22.79 billion, a PE ratio of 24.09 and a beta of 0.81. SPDR Portfolio S&P 500 Value ETF has a one year low of $46.42 and a one year high of $55.42.

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.