SPDR Portfolio S&P 500 Value ETF (NYSEARCA:SPYV) is Signet Financial Management LLC’s 3rd Largest Position

Signet Financial Management LLC reduced its stake in SPDR Portfolio S&P 500 Value ETF (NYSEARCA:SPYV) by 1.4% during the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 630,839 shares of the company’s stock after selling 9,112 shares during the period. SPDR Portfolio S&P 500 Value ETF makes up approximately 4.1% of Signet Financial Management LLC’s portfolio, making the stock its 3rd biggest position. Signet Financial Management LLC owned about 0.15% of SPDR Portfolio S&P 500 Value ETF worth $32,261,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other large investors also recently bought and sold shares of the stock. Courier Capital LLC boosted its position in SPDR Portfolio S&P 500 Value ETF by 33.6% in the 4th quarter. Courier Capital LLC now owns 517,209 shares of the company’s stock valued at $26,450,000 after buying an additional 129,949 shares during the period. Abound Wealth Management raised its stake in shares of SPDR Portfolio S&P 500 Value ETF by 458.7% in the fourth quarter. Abound Wealth Management now owns 1,408 shares of the company’s stock valued at $72,000 after acquiring an additional 1,156 shares in the last quarter. Capital Investment Advisors LLC purchased a new position in SPDR Portfolio S&P 500 Value ETF in the fourth quarter valued at $281,000. Graypoint LLC grew its stake in SPDR Portfolio S&P 500 Value ETF by 4.4% during the 4th quarter. Graypoint LLC now owns 42,191 shares of the company’s stock worth $2,158,000 after purchasing an additional 1,784 shares in the last quarter. Finally, Lynch & Associates IN grew its stake in SPDR Portfolio S&P 500 Value ETF by 3.0% during the 4th quarter. Lynch & Associates IN now owns 145,584 shares of the company’s stock worth $7,445,000 after purchasing an additional 4,261 shares in the last quarter.

SPDR Portfolio S&P 500 Value ETF Stock Performance

Shares of SPYV traded up $0.33 during midday trading on Monday, hitting $50.75. The company had a trading volume of 2,528,180 shares, compared to its average volume of 2,428,280. The company’s 50-day simple moving average is $53.01 and its 200-day simple moving average is $51.95. SPDR Portfolio S&P 500 Value ETF has a 1 year low of $45.64 and a 1 year high of $55.42. The firm has a market capitalization of $22.00 billion, a P/E 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.