Accel Wealth Management Takes $288,000 Position in SPDR Portfolio S&P 500 Value ETF (NYSEARCA:SPYV)

Accel Wealth Management bought a new position in SPDR Portfolio S&P 500 Value ETF (NYSEARCA:SPYV) during the fourth quarter, Holdings Channel reports. The firm bought 6,167 shares of the company’s stock, valued at approximately $288,000.

A number of other hedge funds also recently bought and sold shares of SPYV. SVB Wealth LLC boosted its position in SPDR Portfolio S&P 500 Value ETF by 25,897.7% during the first quarter. SVB Wealth LLC now owns 4,549,851 shares of the company’s stock worth $189,956,000 after purchasing an additional 4,532,350 shares in the last quarter. TIAA Trust National Association acquired a new stake in shares of SPDR Portfolio S&P 500 Value ETF in the third quarter valued at approximately $117,938,000. Bank of New York Mellon Corp increased its holdings in shares of SPDR Portfolio S&P 500 Value ETF by 20,880.6% in the third quarter. Bank of New York Mellon Corp now owns 2,845,804 shares of the company’s stock valued at $117,418,000 after purchasing an additional 2,832,240 shares during the last quarter. Financial Gravity Asset Management Inc. increased its holdings in shares of SPDR Portfolio S&P 500 Value ETF by 2,334.0% in the third quarter. Financial Gravity Asset Management Inc. now owns 1,877,647 shares of the company’s stock valued at $77,472,000 after purchasing an additional 1,800,505 shares during the last quarter. Finally, Cowa LLC increased its holdings in shares of SPDR Portfolio S&P 500 Value ETF by 13,339.0% in the first quarter. Cowa LLC now owns 1,786,714 shares of the company’s stock valued at $746,000 after purchasing an additional 1,773,419 shares during the last quarter.

SPDR Portfolio S&P 500 Value ETF Trading Up 0.4 %

SPYV stock traded up $0.20 during midday trading on Thursday, hitting $50.10. 2,645,193 shares of the company’s stock were exchanged, compared to its average volume of 2,751,738. The business has a 50-day simple moving average of $47.87 and a two-hundred day simple moving average of $45.05. The stock has a market capitalization of $18.87 billion, a PE ratio of 13.69 and a beta of 0.94. SPDR Portfolio S&P 500 Value ETF has a 1-year low of $39.51 and a 1-year high of $50.20.

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.