Private Wealth Group LLC Boosts Stock Holdings in SPDR Portfolio S&P 500 Value ETF (NYSEARCA:SPYV)

Private Wealth Group LLC boosted its stake in shares of SPDR Portfolio S&P 500 Value ETF (NYSEARCA:SPYV) by 2.9% in the fourth quarter, HoldingsChannel reports. The institutional investor owned 270,653 shares of the company’s stock after purchasing an additional 7,751 shares during the period. SPDR Portfolio S&P 500 Value ETF comprises approximately 6.8% of Private Wealth Group LLC’s holdings, making the stock its 3rd largest position. Private Wealth Group LLC’s holdings in SPDR Portfolio S&P 500 Value ETF were worth $13,841,000 at the end of the most recent quarter.

Other large investors also recently added to or reduced their stakes in the company. Avior Wealth Management LLC lifted its holdings in shares of SPDR Portfolio S&P 500 Value ETF by 0.8% in the 4th quarter. Avior Wealth Management LLC now owns 603,928 shares of the company’s stock worth $30,885,000 after buying an additional 4,755 shares during the period. Bill Few Associates Inc. raised its holdings in shares of SPDR Portfolio S&P 500 Value ETF by 5.3% in the fourth quarter. Bill Few Associates Inc. now owns 7,385 shares of the company’s stock valued at $378,000 after acquiring an additional 374 shares in the last quarter. Traynor Capital Management Inc. lifted its stake in SPDR Portfolio S&P 500 Value ETF by 15.2% in the fourth quarter. Traynor Capital Management Inc. now owns 6,983 shares of the company’s stock worth $357,000 after acquiring an additional 919 shares during the period. Independent Wealth Network Inc. grew its holdings in SPDR Portfolio S&P 500 Value ETF by 4.4% during the 4th quarter. Independent Wealth Network Inc. now owns 135,497 shares of the company’s stock worth $6,929,000 after acquiring an additional 5,665 shares in the last quarter. Finally, Park Place Capital Corp purchased a new position in SPDR Portfolio S&P 500 Value ETF during the 4th quarter valued at about $31,000.

SPDR Portfolio S&P 500 Value ETF Stock Performance

NYSEARCA:SPYV opened at $52.65 on Friday. The firm has a 50-day simple moving average of $52.71 and a 200-day simple moving average of $52.10. SPDR Portfolio S&P 500 Value ETF has a one year low of $46.36 and a one year high of $55.42. The firm has a market cap of $22.82 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.