Smallwood Wealth Investment Management LLC Has $301,000 Holdings in SPDR Portfolio S&P 500 Value ETF (NYSEARCA:SPYV)

Smallwood Wealth Investment Management LLC decreased its holdings in SPDR Portfolio S&P 500 Value ETF (NYSEARCA:SPYV) by 22.4% during the 4th quarter, HoldingsChannel.com reports. The firm owned 5,895 shares of the company’s stock after selling 1,697 shares during the period. Smallwood Wealth Investment Management LLC’s holdings in SPDR Portfolio S&P 500 Value ETF were worth $301,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also bought and sold shares of SPYV. CENTRAL TRUST Co boosted its stake in shares of SPDR Portfolio S&P 500 Value ETF by 199.4% in the 3rd quarter. CENTRAL TRUST Co now owns 491 shares of the company’s stock valued at $26,000 after purchasing an additional 327 shares during the last quarter. Park Place Capital Corp acquired a new position in SPDR Portfolio S&P 500 Value ETF in the fourth quarter valued at $31,000. ORG Wealth Partners LLC bought a new stake in SPDR Portfolio S&P 500 Value ETF during the third quarter valued at $33,000. Legacy Investment Solutions LLC acquired a new stake in SPDR Portfolio S&P 500 Value ETF during the 3rd quarter worth about $37,000. Finally, MassMutual Private Wealth & Trust FSB acquired a new stake in SPDR Portfolio S&P 500 Value ETF during the 4th quarter worth about $44,000.

SPDR Portfolio S&P 500 Value ETF Price Performance

Shares of NYSEARCA:SPYV opened at $52.65 on Friday. SPDR Portfolio S&P 500 Value ETF has a 1 year low of $46.36 and a 1 year high of $55.42. The business’s 50-day moving average is $52.71 and its 200-day moving average is $52.10. The company has a market capitalization of $22.82 billion, a price-to-earnings 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.