AlphaStar Capital Management LLC Has $83.90 Million Stake in SPDR Portfolio S&P 500 Value ETF (NYSEARCA:SPYV)

AlphaStar Capital Management LLC grew its holdings in shares of SPDR Portfolio S&P 500 Value ETF (NYSEARCA:SPYV) by 9.2% in the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 1,640,600 shares of the company’s stock after buying an additional 138,578 shares during the quarter. SPDR Portfolio S&P 500 Value ETF accounts for about 8.8% of AlphaStar Capital Management LLC’s holdings, making the stock its 3rd biggest position. AlphaStar Capital Management LLC owned approximately 0.38% of SPDR Portfolio S&P 500 Value ETF worth $83,900,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors also recently made changes to their positions in SPYV. CENTRAL TRUST Co raised its holdings 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 worth $26,000 after purchasing an additional 327 shares during the period. Park Place Capital Corp purchased a new stake in SPDR Portfolio S&P 500 Value ETF in the fourth quarter worth $31,000. ORG Wealth Partners LLC bought a new stake in shares of SPDR Portfolio S&P 500 Value ETF in the third quarter valued at $33,000. Legacy Investment Solutions LLC bought a new stake in shares of SPDR Portfolio S&P 500 Value ETF in the third quarter valued at $37,000. Finally, MassMutual Private Wealth & Trust FSB purchased a new position in shares of SPDR Portfolio S&P 500 Value ETF during the 4th quarter valued at $44,000.

SPDR Portfolio S&P 500 Value ETF Stock Down 0.9 %

NYSEARCA SPYV opened at $52.11 on Friday. The company has a market cap of $22.58 billion, a PE ratio of 24.09 and a beta of 0.81. The firm’s 50-day simple moving average is $52.29 and its two-hundred day simple moving average is $52.31. SPDR Portfolio S&P 500 Value ETF has a 52 week low of $46.42 and a 52 week high of $55.42.

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.