SPDR Portfolio S&P 500 Value ETF (NYSEARCA:SPYV) Shares Purchased by Iron Horse Wealth Management LLC

Iron Horse Wealth Management LLC grew its stake in SPDR Portfolio S&P 500 Value ETF (NYSEARCA:SPYV) by 2.1% during the third quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm owned 29,326 shares of the company’s stock after purchasing an additional 605 shares during the period. SPDR Portfolio S&P 500 Value ETF makes up approximately 0.5% of Iron Horse Wealth Management LLC’s portfolio, making the stock its 16th biggest holding. Iron Horse Wealth Management LLC’s holdings in SPDR Portfolio S&P 500 Value ETF were worth $1,550,000 at the end of the most recent reporting period.

Several other hedge funds have also recently modified their holdings of the stock. Crewe Advisors LLC acquired a new stake in shares of SPDR Portfolio S&P 500 Value ETF in the 1st quarter worth $29,000. Kayne Anderson Rudnick Investment Management LLC boosted 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 in the last quarter. Olistico Wealth LLC purchased a new position in SPDR Portfolio S&P 500 Value ETF in the second quarter valued at about $30,000. ORG Wealth Partners LLC acquired a new stake in shares of SPDR Portfolio S&P 500 Value ETF during the 3rd quarter valued at approximately $33,000. Finally, EdgeRock Capital LLC purchased a new stake in shares of SPDR Portfolio S&P 500 Value ETF during the 2nd quarter worth approximately $30,000.

SPDR Portfolio S&P 500 Value ETF Stock Performance

SPYV stock traded down $0.18 during midday trading on Wednesday, hitting $53.08. 392,799 shares of the stock were exchanged, compared to its average volume of 2,559,178. The stock has a market cap of $23.00 billion, a price-to-earnings ratio of 24.09 and a beta of 0.81. SPDR Portfolio S&P 500 Value ETF has a fifty-two week low of $39.51 and a fifty-two week high of $53.93. The stock’s 50-day moving average price is $52.29 and its 200-day moving average price is $50.27.

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.