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

Modern Wealth Management LLC boosted its holdings in shares of SPDR Portfolio S&P 500 Value ETF (NYSEARCA:SPYV) by 70.5% in the 4th quarter, Holdings Channel reports. The fund owned 1,280,932 shares of the company’s stock after acquiring an additional 529,800 shares during the quarter. SPDR Portfolio S&P 500 Value ETF accounts for 2.4% of Modern Wealth Management LLC’s holdings, making the stock its 9th largest holding. Modern Wealth Management LLC’s holdings in SPDR Portfolio S&P 500 Value ETF were worth $66,980,000 at the end of the most recent reporting period.

A number of other hedge funds also recently bought and sold shares of SPYV. SOA Wealth Advisors LLC. increased its holdings in shares of SPDR Portfolio S&P 500 Value ETF by 40.1% in the third quarter. SOA Wealth Advisors LLC. now owns 153,126 shares of the company’s stock valued at $8,094,000 after purchasing an additional 43,857 shares during the last quarter. Natixis Advisors LLC increased its stake in shares of SPDR Portfolio S&P 500 Value ETF by 14.1% in the 3rd quarter. Natixis Advisors LLC now owns 11,546 shares of the company’s stock worth $610,000 after acquiring an additional 1,423 shares during the last quarter. Centaurus Financial Inc. increased its stake in shares of SPDR Portfolio S&P 500 Value ETF by 12.9% in the 3rd quarter. Centaurus Financial Inc. now owns 31,545 shares of the company’s stock worth $1,667,000 after acquiring an additional 3,600 shares during the last quarter. Independent Advisor Alliance raised its holdings in shares of SPDR Portfolio S&P 500 Value ETF by 6.3% during the 3rd quarter. Independent Advisor Alliance now owns 25,423 shares of the company’s stock worth $1,344,000 after acquiring an additional 1,512 shares during the period. Finally, Elios Financial Group Inc. acquired a new position in shares of SPDR Portfolio S&P 500 Value ETF during the 3rd quarter valued at about $2,418,000.

SPDR Portfolio S&P 500 Value ETF Trading Up 0.8 %

Shares of SPYV opened at $51.43 on Tuesday. SPDR Portfolio S&P 500 Value ETF has a 12-month low of $47.22 and a 12-month high of $55.42. The firm has a market capitalization of $25.18 billion, a P/E ratio of 21.43 and a beta of 0.93. The firm has a 50-day moving average price of $52.07 and a 200 day moving average price of $52.56.

SPDR Portfolio S&P 500 Value ETF Dividend Announcement

The company also recently declared a dividend, which will be paid on Wednesday, March 26th. Stockholders of record on Monday, March 24th will be issued a dividend of $0.1798 per share. The ex-dividend date is Monday, March 24th.

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.