Global View Capital Management LLC Acquires New Shares in SPDR Portfolio S&P 500 Value ETF (NYSEARCA:SPYV)

Global View Capital Management LLC acquired a new stake in shares of SPDR Portfolio S&P 500 Value ETF (NYSEARCA:SPYV) in the fourth quarter, HoldingsChannel reports. The fund acquired 6,774 shares of the company’s stock, valued at approximately $345,000.

A number of other institutional investors have also recently bought and sold shares of the company. Citizens Financial Group Inc. RI boosted its position in SPDR Portfolio S&P 500 Value ETF by 85.2% during the fourth quarter. Citizens Financial Group Inc. RI now owns 83,020 shares of the company’s stock valued at $4,246,000 after purchasing an additional 38,186 shares during the last quarter. Independent Advisor Alliance boosted its position in SPDR Portfolio S&P 500 Value ETF by 6,012.4% during the fourth quarter. Independent Advisor Alliance now owns 1,553,951 shares of the company’s stock valued at $79,469,000 after purchasing an additional 1,528,528 shares during the last quarter. Johnson Investment Counsel Inc. boosted its position in SPDR Portfolio S&P 500 Value ETF by 13.9% during the fourth quarter. Johnson Investment Counsel Inc. now owns 27,363 shares of the company’s stock valued at $1,399,000 after purchasing an additional 3,335 shares during the last quarter. Ceera Investments LLC acquired a new stake in SPDR Portfolio S&P 500 Value ETF during the fourth quarter valued at $238,000. Finally, Coordinated Financial Services Inc. acquired a new stake in SPDR Portfolio S&P 500 Value ETF during the fourth quarter valued at $559,000.

SPDR Portfolio S&P 500 Value ETF Trading Down 1.6 %

SPYV opened at $51.21 on Tuesday. The stock has a market cap of $24.85 billion, a price-to-earnings ratio of 22.42 and a beta of 0.95. SPDR Portfolio S&P 500 Value ETF has a 1 year low of $47.22 and a 1 year high of $55.42. The stock has a fifty day moving average price of $52.12 and a 200 day moving average price of $52.65.

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.