135,464 Shares in SPDR Portfolio S&P 500 Value ETF (NYSEARCA:SPYV) Acquired by Red Crane Wealth Management LLC

Red Crane Wealth Management LLC bought a new position in shares of SPDR Portfolio S&P 500 Value ETF (NYSEARCA:SPYV) in the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). 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 accounts for 6.6% of Red Crane Wealth Management LLC’s holdings, making the stock its 2nd largest position.

Several other large investors have also recently made changes to their positions in the stock. SOA Wealth Advisors LLC. boosted its position in shares of SPDR Portfolio S&P 500 Value ETF by 40.1% in the 3rd quarter. SOA Wealth Advisors LLC. now owns 153,126 shares of the company’s stock worth $8,094,000 after purchasing an additional 43,857 shares in the last quarter. Blue Trust Inc. lifted its stake in shares of SPDR Portfolio S&P 500 Value ETF by 38.5% during the third quarter. Blue Trust Inc. now owns 1,864 shares of the company’s stock worth $91,000 after buying an additional 518 shares during the period. CENTRAL TRUST Co lifted its stake in shares of SPDR Portfolio S&P 500 Value ETF by 199.4% during the third quarter. CENTRAL TRUST Co now owns 491 shares of the company’s stock worth $26,000 after buying an additional 327 shares during the period. Concord Wealth Partners grew its holdings in shares of SPDR Portfolio S&P 500 Value ETF by 15.5% during the third quarter. Concord Wealth Partners now owns 5,373 shares of the company’s stock valued at $284,000 after buying an additional 720 shares during the last quarter. Finally, Patriot Financial Group Insurance Agency LLC increased its position in shares of SPDR Portfolio S&P 500 Value ETF by 4.9% in the 3rd quarter. Patriot Financial Group Insurance Agency LLC now owns 10,410 shares of the company’s stock valued at $550,000 after acquiring an additional 486 shares during the period.

SPDR Portfolio S&P 500 Value ETF Stock Performance

Shares of SPYV opened at $52.74 on Wednesday. The stock has a 50-day moving average of $52.04 and a two-hundred day moving average of $52.57. The stock has a market cap of $25.60 billion, a P/E ratio of 22.42 and a beta of 0.95. SPDR Portfolio S&P 500 Value ETF has a one year low of $47.22 and a one 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.