Norden Group LLC boosted its stake in shares of SPDR Portfolio S&P 500 Value ETF (NYSEARCA:SPYV – Free Report) by 4.8% during the fourth quarter, HoldingsChannel.com reports. The institutional investor owned 34,407 shares of the company’s stock after purchasing an additional 1,585 shares during the quarter. Norden Group LLC’s holdings in SPDR Portfolio S&P 500 Value ETF were worth $1,760,000 at the end of the most recent quarter.
Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. MMA Asset Management LLC purchased a new stake in SPDR Portfolio S&P 500 Value ETF in the fourth quarter valued at $296,000. Maia Wealth LLC raised its position in SPDR Portfolio S&P 500 Value ETF by 14.8% in the fourth quarter. Maia Wealth LLC now owns 18,530 shares of the company’s stock valued at $984,000 after purchasing an additional 2,384 shares during the period. Sharkey Howes & Javer raised its position in SPDR Portfolio S&P 500 Value ETF by 9.1% in the fourth quarter. Sharkey Howes & Javer now owns 66,877 shares of the company’s stock valued at $3,420,000 after purchasing an additional 5,605 shares during the period. Richard W. Paul & Associates LLC raised its position in SPDR Portfolio S&P 500 Value ETF by 6.5% in the fourth quarter. Richard W. Paul & Associates LLC now owns 6,985 shares of the company’s stock valued at $357,000 after purchasing an additional 429 shares during the period. Finally, Noble Wealth Management PBC purchased a new stake in SPDR Portfolio S&P 500 Value ETF in the fourth quarter valued at $125,000.
SPDR Portfolio S&P 500 Value ETF Stock Up 1.3 %
NYSEARCA:SPYV opened at $52.84 on Friday. SPDR Portfolio S&P 500 Value ETF has a 52 week low of $47.22 and a 52 week high of $55.42. The company has a market capitalization of $25.65 billion, a P/E ratio of 22.42 and a beta of 0.95. The stock’s fifty day moving average is $52.11 and its two-hundred day moving average is $52.60.
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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Want to see what other hedge funds are holding SPYV? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for SPDR Portfolio S&P 500 Value ETF (NYSEARCA:SPYV – Free Report).
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