Kovack Advisors Inc. Purchases 644 Shares of SPDR Portfolio S&P 500 Value ETF (NYSEARCA:SPYV)

Kovack Advisors Inc. raised its position in shares of SPDR Portfolio S&P 500 Value ETF (NYSEARCA:SPYV) by 5.7% in the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 12,016 shares of the company’s stock after acquiring an additional 644 shares during the period. Kovack Advisors Inc.’s holdings in SPDR Portfolio S&P 500 Value ETF were worth $615,000 at the end of the most recent quarter.

A number of other institutional investors also recently made changes to their positions in SPYV. JPMorgan Chase & Co. boosted its stake in shares of SPDR Portfolio S&P 500 Value ETF by 5.4% in the third quarter. JPMorgan Chase & Co. now owns 5,569,723 shares of the company’s stock valued at $294,416,000 after buying an additional 286,795 shares during the period. Hobart Private Capital LLC boosted its stake in shares of SPDR Portfolio S&P 500 Value ETF by 1.2% in the fourth quarter. Hobart Private Capital LLC now owns 163,808 shares of the company’s stock valued at $8,377,000 after buying an additional 1,881 shares during the period. Wrapmanager Inc. boosted its stake in shares of SPDR Portfolio S&P 500 Value ETF by 0.6% in the fourth quarter. Wrapmanager Inc. now owns 208,554 shares of the company’s stock valued at $10,665,000 after buying an additional 1,214 shares during the period. Trilogy Capital Inc. boosted its stake in shares of SPDR Portfolio S&P 500 Value ETF by 10.4% in the fourth quarter. Trilogy Capital Inc. now owns 146,514 shares of the company’s stock valued at $7,493,000 after buying an additional 13,800 shares during the period. Finally, Certified Advisory Corp boosted its stake in shares of SPDR Portfolio S&P 500 Value ETF by 4.4% in the third quarter. Certified Advisory Corp now owns 64,684 shares of the company’s stock valued at $3,419,000 after buying an additional 2,715 shares during the period.

SPDR Portfolio S&P 500 Value ETF Trading Up 1.3 %

Shares of SPYV stock opened at $52.84 on Friday. The stock has a market cap of $25.65 billion, a P/E ratio of 22.42 and a beta of 0.95. The stock has a 50 day simple moving average of $52.11 and a 200 day simple moving average of $52.59. SPDR Portfolio S&P 500 Value ETF has a 1 year low of $47.22 and a 1 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.