Kovack Advisors Inc. Buys 644 Shares of SPDR Portfolio S&P 500 Value ETF (NYSEARCA:SPYV)

Kovack Advisors Inc. lifted its stake in shares of SPDR Portfolio S&P 500 Value ETF (NYSEARCA:SPYV) by 5.7% during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 12,016 shares of the company’s stock after purchasing an additional 644 shares during the quarter. Kovack Advisors Inc.’s holdings in SPDR Portfolio S&P 500 Value ETF were worth $615,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds also recently made changes to their positions in the company. JPMorgan Chase & Co. boosted its position in shares of SPDR Portfolio S&P 500 Value ETF by 5.4% during the 3rd quarter. JPMorgan Chase & Co. now owns 5,569,723 shares of the company’s stock worth $294,416,000 after purchasing an additional 286,795 shares in the last quarter. Hobart Private Capital LLC boosted its position in shares of SPDR Portfolio S&P 500 Value ETF by 1.2% during the 4th quarter. Hobart Private Capital LLC now owns 163,808 shares of the company’s stock worth $8,377,000 after purchasing an additional 1,881 shares in the last quarter. Wrapmanager Inc. boosted its position in shares of SPDR Portfolio S&P 500 Value ETF by 0.6% during the 4th quarter. Wrapmanager Inc. now owns 208,554 shares of the company’s stock worth $10,665,000 after purchasing an additional 1,214 shares in the last quarter. Trilogy Capital Inc. lifted its position in SPDR Portfolio S&P 500 Value ETF by 10.4% in the 4th quarter. Trilogy Capital Inc. now owns 146,514 shares of the company’s stock valued at $7,493,000 after acquiring an additional 13,800 shares in the last quarter. Finally, Certified Advisory Corp lifted its position in SPDR Portfolio S&P 500 Value ETF by 4.4% in the 3rd quarter. Certified Advisory Corp now owns 64,684 shares of the company’s stock valued at $3,419,000 after acquiring an additional 2,715 shares in the last quarter.

SPDR Portfolio S&P 500 Value ETF Stock Performance

Shares of NYSEARCA SPYV opened at $52.84 on Friday. SPDR Portfolio S&P 500 Value ETF has a fifty-two week low of $47.22 and a fifty-two week high of $55.42. The stock has a market cap of $25.65 billion, a price-to-earnings ratio of 22.42 and a beta of 0.95. The firm’s 50-day simple moving average is $52.11 and its 200 day simple moving average is $52.59.

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.