Stonebridge Financial Group LLC Invests $130,000 in SPDR Portfolio S&P 500 Value ETF (NYSEARCA:SPYV)

Stonebridge Financial Group LLC purchased a new stake in SPDR Portfolio S&P 500 Value ETF (NYSEARCA:SPYV) in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm purchased 2,533 shares of the company’s stock, valued at approximately $130,000.

Other institutional investors have also recently bought and sold shares of the company. 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 bought a new position in SPDR Portfolio S&P 500 Value ETF in the fourth quarter valued at approximately $31,000. ORG Wealth Partners LLC bought a new position in SPDR Portfolio S&P 500 Value ETF in the third quarter valued at approximately $33,000. Legacy Investment Solutions LLC bought a new stake in shares of SPDR Portfolio S&P 500 Value ETF during the 3rd quarter valued at $37,000. Finally, MassMutual Private Wealth & Trust FSB acquired a new position in shares of SPDR Portfolio S&P 500 Value ETF in the 4th quarter valued at $44,000.

SPDR Portfolio S&P 500 Value ETF Stock Down 0.3 %

NYSEARCA:SPYV opened at $52.39 on Thursday. The stock’s fifty day simple moving average is $52.20 and its 200-day simple moving average is $52.37. The firm has a market capitalization of $22.71 billion, a P/E ratio of 24.09 and a beta of 0.81. SPDR Portfolio S&P 500 Value ETF has a 12-month low of $46.42 and a 12-month high of $55.42.

SPDR Portfolio S&P 500 Value ETF 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.