Summit Financial LLC Increases Stake in SPDR Portfolio S&P 500 Value ETF (NYSEARCA:SPYV)

Summit Financial LLC raised its stake in shares of SPDR Portfolio S&P 500 Value ETF (NYSEARCA:SPYV) by 13.1% during the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 213,064 shares of the company’s stock after purchasing an additional 24,682 shares during the quarter. Summit Financial LLC’s holdings in SPDR Portfolio S&P 500 Value ETF were worth $10,896,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also made changes to their positions in SPYV. First National Bank of Omaha lifted its position in SPDR Portfolio S&P 500 Value ETF by 1.4% during the 3rd quarter. First National Bank of Omaha now owns 13,456 shares of the company’s stock worth $711,000 after acquiring an additional 187 shares during the period. KM Capital Management Ltd. raised its stake in shares of SPDR Portfolio S&P 500 Value ETF by 3.9% in the fourth quarter. KM Capital Management Ltd. now owns 5,068 shares of the company’s stock worth $259,000 after purchasing an additional 192 shares during the last quarter. Mcdonald Partners LLC lifted its holdings in shares of SPDR Portfolio S&P 500 Value ETF by 1.7% during the fourth quarter. Mcdonald Partners LLC now owns 12,733 shares of the company’s stock worth $651,000 after purchasing an additional 208 shares during the period. WealthPlan Investment Management LLC boosted its position in SPDR Portfolio S&P 500 Value ETF by 3.8% in the fourth quarter. WealthPlan Investment Management LLC now owns 5,897 shares of the company’s stock valued at $302,000 after buying an additional 217 shares during the last quarter. Finally, Waldron Private Wealth LLC increased its holdings in SPDR Portfolio S&P 500 Value ETF by 1.3% in the 4th quarter. Waldron Private Wealth LLC now owns 17,922 shares of the company’s stock worth $917,000 after buying an additional 229 shares during the period.

SPDR Portfolio S&P 500 Value ETF Trading Down 1.5 %

Shares of NYSEARCA SPYV opened at $50.63 on Monday. The company has a 50 day simple moving average of $52.04 and a two-hundred day simple moving average of $52.55. The stock has a market cap of $24.97 billion, a price-to-earnings ratio of 21.49 and a beta of 0.93. SPDR Portfolio S&P 500 Value ETF has a 12 month low of $47.22 and a 12 month high of $55.42.

SPDR Portfolio S&P 500 Value ETF Announces Dividend

The firm also recently announced a dividend, which was paid on Wednesday, March 26th. Investors of record on Monday, March 24th were given a dividend of $0.1798 per share. The ex-dividend date of this dividend was Monday, March 24th.

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.