DecisionMap Wealth Management LLC bought a new stake in SPDR Portfolio S&P 500 Value ETF (NYSEARCA:SPYV – Free Report) in the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm bought 68,731 shares of the company’s stock, valued at approximately $3,515,000. SPDR Portfolio S&P 500 Value ETF accounts for approximately 2.8% of DecisionMap Wealth Management LLC’s holdings, making the stock its 10th largest position.
Other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. Raymond James Financial Inc. acquired a new stake in shares of SPDR Portfolio S&P 500 Value ETF in the fourth quarter valued at approximately $281,432,000. LPL Financial LLC grew its holdings in SPDR Portfolio S&P 500 Value ETF by 8.8% during the 3rd quarter. LPL Financial LLC now owns 39,150,619 shares of the company’s stock worth $2,069,502,000 after acquiring an additional 3,176,679 shares during the period. Bank of New York Mellon Corp grew its holdings in SPDR Portfolio S&P 500 Value ETF by 105.0% during the 4th quarter. Bank of New York Mellon Corp now owns 3,312,481 shares of the company’s stock worth $169,400,000 after acquiring an additional 1,696,888 shares during the period. Independent Advisor Alliance boosted its position in shares of SPDR Portfolio S&P 500 Value ETF by 6,012.4% during the fourth quarter. Independent Advisor Alliance now owns 1,553,951 shares of the company’s stock worth $79,469,000 after purchasing an additional 1,528,528 shares in the last quarter. Finally, Dynasty Wealth Management LLC boosted its position in shares of SPDR Portfolio S&P 500 Value ETF by 71.6% during the fourth quarter. Dynasty Wealth Management LLC now owns 3,310,399 shares of the company’s stock worth $169,294,000 after purchasing an additional 1,380,993 shares in the last quarter.
SPDR Portfolio S&P 500 Value ETF Stock Down 0.5 %
Shares of NYSEARCA SPYV opened at $50.20 on Thursday. The company’s fifty day moving average is $52.09 and its 200-day moving average is $52.62. The stock has a market cap of $24.58 billion, a price-to-earnings ratio of 21.43 and a beta of 0.93. SPDR Portfolio S&P 500 Value ETF has a twelve month low of $47.22 and a twelve month 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.
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