Traynor Capital Management Inc. grew its position in SPDR Portfolio S&P 500 Value ETF (NYSEARCA:SPYV – Free Report) by 15.2% in the 4th quarter, according to its most recent filing with the SEC. The firm owned 6,983 shares of the company’s stock after buying an additional 919 shares during the period. Traynor Capital Management Inc.’s holdings in SPDR Portfolio S&P 500 Value ETF were worth $357,000 at the end of the most recent reporting period.
A number of other institutional investors and hedge funds also recently made changes to their positions in the company. CENTRAL TRUST Co increased its position in SPDR Portfolio S&P 500 Value ETF by 199.4% in the third quarter. CENTRAL TRUST Co now owns 491 shares of the company’s stock worth $26,000 after purchasing an additional 327 shares during the period. Park Place Capital Corp acquired a new stake in shares of SPDR Portfolio S&P 500 Value ETF during the 4th quarter worth approximately $31,000. ORG Wealth Partners LLC acquired a new stake in shares of SPDR Portfolio S&P 500 Value ETF during the 3rd quarter worth approximately $33,000. Legacy Investment Solutions LLC bought a new stake in shares of SPDR Portfolio S&P 500 Value ETF during the third quarter worth approximately $37,000. Finally, MassMutual Private Wealth & Trust FSB acquired a new position in SPDR Portfolio S&P 500 Value ETF in the fourth quarter valued at approximately $44,000.
SPDR Portfolio S&P 500 Value ETF Stock Performance
SPYV opened at $52.65 on Friday. The company has a fifty day moving average price of $52.71 and a two-hundred day moving average price of $52.10. The firm has a market capitalization of $22.82 billion, a PE ratio of 24.09 and a beta of 0.81. SPDR Portfolio S&P 500 Value ETF has a 52 week low of $46.36 and a 52 week 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.
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