Citizens Financial Group Inc. RI Boosts Stake in SPDR Portfolio S&P 500 Value ETF (NYSEARCA:SPYV)

Citizens Financial Group Inc. RI boosted its stake in shares of SPDR Portfolio S&P 500 Value ETF (NYSEARCA:SPYV) by 85.2% during the 4th quarter, Holdings Channel.com reports. The firm owned 83,020 shares of the company’s stock after buying an additional 38,186 shares during the quarter. Citizens Financial Group Inc. RI’s holdings in SPDR Portfolio S&P 500 Value ETF were worth $4,246,000 as of its most recent filing with the SEC.

Several other hedge funds have also bought and sold shares of SPYV. Park Place Capital Corp purchased a new position in shares of SPDR Portfolio S&P 500 Value ETF during the 4th quarter valued at about $31,000. Lindbrook Capital LLC raised its stake in SPDR Portfolio S&P 500 Value ETF by 224.8% during the 4th quarter. Lindbrook Capital LLC now owns 695 shares of the company’s stock worth $36,000 after acquiring an additional 481 shares during the period. Legacy Investment Solutions LLC purchased a new position in SPDR Portfolio S&P 500 Value ETF during the third quarter valued at approximately $37,000. MassMutual Private Wealth & Trust FSB bought a new position in shares of SPDR Portfolio S&P 500 Value ETF in the fourth quarter worth approximately $44,000. Finally, Crewe Advisors LLC increased its stake in shares of SPDR Portfolio S&P 500 Value ETF by 136.9% in the fourth quarter. Crewe Advisors LLC now owns 969 shares of the company’s stock worth $50,000 after purchasing an additional 560 shares in the last quarter.

SPDR Portfolio S&P 500 Value ETF Price Performance

Shares of SPYV stock opened at $50.46 on Wednesday. SPDR Portfolio S&P 500 Value ETF has a one year low of $47.22 and a one year high of $55.42. The company’s fifty day moving average price is $52.11 and its 200-day moving average price is $52.64. The company has a market capitalization of $24.49 billion, a price-to-earnings ratio of 22.42 and a beta of 0.95.

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.