Red Crane Wealth Management LLC bought a new position in SPDR Portfolio S&P 500 Value ETF (NYSEARCA:SPYV – Free Report) during the fourth quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor bought 135,464 shares of the company’s stock, valued at approximately $6,928,000. SPDR Portfolio S&P 500 Value ETF comprises 6.6% of Red Crane Wealth Management LLC’s holdings, making the stock its 2nd biggest holding.
Other hedge funds and other institutional investors have 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 3rd quarter. CENTRAL TRUST Co now owns 491 shares of the company’s stock worth $26,000 after acquiring an additional 327 shares in the last quarter. Park Place Capital Corp acquired a new stake in SPDR Portfolio S&P 500 Value ETF in the fourth quarter valued at approximately $31,000. Legacy Investment Solutions LLC purchased a new stake in shares of SPDR Portfolio S&P 500 Value ETF in the third quarter valued at approximately $37,000. MassMutual Private Wealth & Trust FSB acquired a new position in shares of SPDR Portfolio S&P 500 Value ETF during the 4th quarter worth approximately $44,000. Finally, Crewe Advisors LLC lifted its position in shares of SPDR Portfolio S&P 500 Value ETF by 136.9% during the 4th quarter. Crewe Advisors LLC now owns 969 shares of the company’s stock valued at $50,000 after buying an additional 560 shares in the last quarter.
SPDR Portfolio S&P 500 Value ETF Stock Performance
SPDR Portfolio S&P 500 Value ETF stock opened at $52.74 on Wednesday. The stock has a market capitalization of $25.60 billion, a P/E ratio of 22.42 and a beta of 0.95. The company’s fifty day moving average price is $52.04 and its 200 day moving average price is $52.57. SPDR Portfolio S&P 500 Value ETF has a 1 year low of $47.22 and a 1 year high of $55.42.
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.
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