Avantax Advisory Services Inc. Buys 12,909 Shares of SPDR Portfolio S&P 500 Value ETF (NYSEARCA:SPYV)

Avantax Advisory Services Inc. raised its stake in shares of SPDR Portfolio S&P 500 Value ETF (NYSEARCA:SPYV) by 3.8% in the 4th quarter, Holdings Channel reports. The firm owned 350,328 shares of the company’s stock after acquiring an additional 12,909 shares during the period. Avantax Advisory Services Inc.’s holdings in SPDR Portfolio S&P 500 Value ETF were worth $17,916,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also made changes to their positions in the stock. Donaldson Capital Management LLC purchased a new stake in shares of SPDR Portfolio S&P 500 Value ETF during the 4th quarter valued at about $221,000. JPMorgan Chase & Co. raised its position in shares of SPDR Portfolio S&P 500 Value ETF by 5.4% during the 3rd quarter. JPMorgan Chase & Co. now owns 5,569,723 shares of the company’s stock valued at $294,416,000 after buying an additional 286,795 shares in the last quarter. Hobart Private Capital LLC raised its position in shares of SPDR Portfolio S&P 500 Value ETF by 1.2% during the 4th quarter. Hobart Private Capital LLC now owns 163,808 shares of the company’s stock valued at $8,377,000 after buying an additional 1,881 shares in the last quarter. Wrapmanager Inc. raised its position in shares of SPDR Portfolio S&P 500 Value ETF by 0.6% during the 4th quarter. Wrapmanager Inc. now owns 208,554 shares of the company’s stock valued at $10,665,000 after buying an additional 1,214 shares in the last quarter. Finally, Trilogy Capital Inc. raised its position in shares of SPDR Portfolio S&P 500 Value ETF by 10.4% during the 4th quarter. Trilogy Capital Inc. now owns 146,514 shares of the company’s stock valued at $7,493,000 after buying an additional 13,800 shares in the last quarter.

SPDR Portfolio S&P 500 Value ETF Price Performance

SPDR Portfolio S&P 500 Value ETF stock opened at $50.20 on Thursday. SPDR Portfolio S&P 500 Value ETF has a 1-year low of $47.22 and a 1-year high of $55.42. The firm has a market capitalization of $24.58 billion, a P/E ratio of 21.43 and a beta of 0.93. The company’s 50-day moving average is $52.09 and its 200 day moving average is $52.62.

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.