Braun Bostich & Associates Inc. Buys 808 Shares of SPDR Portfolio S&P 500 Value ETF (NYSEARCA:SPYV)

Braun Bostich & Associates Inc. raised its position in shares of SPDR Portfolio S&P 500 Value ETF (NYSEARCA:SPYV) by 1.6% in the fourth quarter, according to the company in its most recent filing with the SEC. The institutional investor owned 51,815 shares of the company’s stock after purchasing an additional 808 shares during the quarter. SPDR Portfolio S&P 500 Value ETF accounts for about 1.9% of Braun Bostich & Associates Inc.’s investment portfolio, making the stock its 15th biggest holding. Braun Bostich & Associates Inc.’s holdings in SPDR Portfolio S&P 500 Value ETF were worth $2,650,000 at the end of the most recent reporting period.

A number of other hedge funds have also added to or reduced their stakes in SPYV. CENTRAL TRUST Co increased its position 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 valued at $26,000 after purchasing an additional 327 shares during the last quarter. Kayne Anderson Rudnick Investment Management LLC lifted its holdings in SPDR Portfolio S&P 500 Value ETF by 227.0% during the second quarter. Kayne Anderson Rudnick Investment Management LLC now owns 582 shares of the company’s stock worth $28,000 after buying an additional 404 shares during the period. ORG Wealth Partners LLC bought a new stake in SPDR Portfolio S&P 500 Value ETF during the 3rd quarter valued at $33,000. Legacy Investment Solutions LLC purchased a new position in shares of SPDR Portfolio S&P 500 Value ETF in the 3rd quarter valued at $37,000. Finally, MassMutual Private Wealth & Trust FSB bought a new stake in SPDR Portfolio S&P 500 Value ETF during the fourth quarter valued at about $44,000.

SPDR Portfolio S&P 500 Value ETF Stock Up 0.7 %

Shares of SPDR Portfolio S&P 500 Value ETF stock opened at $52.38 on Wednesday. The company has a market cap of $22.70 billion, a P/E ratio of 24.09 and a beta of 0.81. The firm’s 50 day moving average price is $52.77 and its 200-day moving average price is $52.07. SPDR Portfolio S&P 500 Value ETF has a 52-week low of $46.36 and a 52-week high of $55.42.

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.