FCG Investment Co Boosts Holdings in SPDR Portfolio S&P 500 Value ETF (NYSEARCA:SPYV)

FCG Investment Co grew its position in shares of SPDR Portfolio S&P 500 Value ETF (NYSEARCA:SPYV) by 8.5% in the fourth quarter, Holdings Channel reports. The firm owned 32,740 shares of the company’s stock after purchasing an additional 2,558 shares during the period. SPDR Portfolio S&P 500 Value ETF comprises approximately 1.0% of FCG Investment Co’s holdings, making the stock its 27th biggest position. FCG Investment Co’s holdings in SPDR Portfolio S&P 500 Value ETF were worth $1,674,000 at the end of the most recent quarter.

Other institutional investors have also recently made changes to their positions in the company. CENTRAL TRUST Co raised its stake in SPDR Portfolio S&P 500 Value ETF by 199.4% in the third quarter. CENTRAL TRUST Co now owns 491 shares of the company’s stock valued at $26,000 after purchasing an additional 327 shares in the last quarter. Park Place Capital Corp bought a new position in shares of SPDR Portfolio S&P 500 Value ETF in the 4th quarter worth $31,000. ORG Wealth Partners LLC bought a new position in shares of SPDR Portfolio S&P 500 Value ETF in the 3rd quarter worth $33,000. Legacy Investment Solutions LLC bought a new stake in shares of SPDR Portfolio S&P 500 Value ETF during the 3rd quarter worth $37,000. Finally, MassMutual Private Wealth & Trust FSB bought a new stake in shares of SPDR Portfolio S&P 500 Value ETF during the 4th quarter worth $44,000.

SPDR Portfolio S&P 500 Value ETF Stock Up 0.6 %

SPYV opened at $52.65 on Friday. The business’s fifty day simple moving average is $52.71 and its 200 day simple moving average is $52.10. SPDR Portfolio S&P 500 Value ETF has a 52 week low of $46.36 and a 52 week high of $55.42. The stock has a market cap of $22.82 billion, a PE ratio of 24.09 and a beta of 0.81.

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.