Choate Investment Advisors Invests $216,000 in SPDR Portfolio S&P 500 Value ETF (NYSEARCA:SPYV)

Choate Investment Advisors purchased a new position in shares of SPDR Portfolio S&P 500 Value ETF (NYSEARCA:SPYVFree Report) during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund purchased 4,219 shares of the company’s stock, valued at approximately $216,000.

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

SPDR Portfolio S&P 500 Value ETF Trading Up 1.1 %

Shares of SPYV opened at $51.15 on Tuesday. The firm’s 50-day moving average is $52.05 and its two-hundred day moving average is $52.59. SPDR Portfolio S&P 500 Value ETF has a twelve month low of $47.22 and a twelve month high of $55.42. The firm has a market capitalization of $25.04 billion, a P/E ratio of 21.43 and a beta of 0.93.

About SPDR Portfolio S&P 500 Value ETF

(Free Report)

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.

See Also

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Institutional Ownership by Quarter for SPDR Portfolio S&P 500 Value ETF (NYSEARCA:SPYV)

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