GGM Financials LLC Acquires 475 Shares of SPDR Portfolio S&P 500 Value ETF (NYSEARCA:SPYV)

GGM Financials LLC raised its holdings in shares of SPDR Portfolio S&P 500 Value ETF (NYSEARCA:SPYV) by 1.9% in the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 25,805 shares of the company’s stock after purchasing an additional 475 shares during the quarter. SPDR Portfolio S&P 500 Value ETF makes up 1.4% of GGM Financials LLC’s holdings, making the stock its 14th biggest position. GGM Financials LLC’s holdings in SPDR Portfolio S&P 500 Value ETF were worth $1,320,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also recently added to or reduced their stakes in the stock. SOA Wealth Advisors LLC. boosted its holdings in shares of SPDR Portfolio S&P 500 Value ETF by 40.1% during the 3rd quarter. SOA Wealth Advisors LLC. now owns 153,126 shares of the company’s stock worth $8,094,000 after buying an additional 43,857 shares during the period. Simplicity Wealth LLC boosted its holdings in shares of SPDR Portfolio S&P 500 Value ETF by 76.6% during the third quarter. Simplicity Wealth LLC now owns 8,198 shares of the company’s stock worth $433,000 after acquiring an additional 3,555 shares during the period. Carnegie Investment Counsel grew its position in shares of SPDR Portfolio S&P 500 Value ETF by 9.1% in the third quarter. Carnegie Investment Counsel now owns 10,806 shares of the company’s stock valued at $571,000 after purchasing an additional 902 shares during the last quarter. Concourse Financial Group Securities Inc. grew its position in shares of SPDR Portfolio S&P 500 Value ETF by 7.7% in the third quarter. Concourse Financial Group Securities Inc. now owns 15,597 shares of the company’s stock valued at $824,000 after purchasing an additional 1,111 shares during the last quarter. Finally, Koshinski Asset Management Inc. increased its stake in shares of SPDR Portfolio S&P 500 Value ETF by 1.9% during the third quarter. Koshinski Asset Management Inc. now owns 75,488 shares of the company’s stock worth $3,990,000 after purchasing an additional 1,414 shares during the period.

SPDR Portfolio S&P 500 Value ETF Price Performance

SPYV opened at $52.11 on Monday. The business has a fifty day simple moving average of $52.29 and a 200 day simple moving average of $52.33. SPDR Portfolio S&P 500 Value ETF has a 1 year low of $46.42 and a 1 year high of $55.42. The company has a market capitalization of $22.58 billion, a PE ratio of 24.09 and a beta of 0.81.

SPDR Portfolio S&P 500 Value ETF Company 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.