Keystone Financial Group Takes Position in SPDR Portfolio S&P 500 Value ETF (NYSEARCA:SPYV)

Keystone Financial Group bought a new position in shares of SPDR Portfolio S&P 500 Value ETF (NYSEARCA:SPYV) during the fourth quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund bought 65,143 shares of the company’s stock, valued at approximately $3,331,000.

A number of other institutional investors have also added to or reduced their stakes in SPYV. Park Place Capital Corp acquired a new stake in shares of SPDR Portfolio S&P 500 Value ETF in the fourth quarter valued at approximately $31,000. Lindbrook Capital LLC lifted its holdings in SPDR Portfolio S&P 500 Value ETF by 224.8% during the 4th quarter. Lindbrook Capital LLC now owns 695 shares of the company’s stock valued at $36,000 after purchasing an additional 481 shares during the last quarter. Angeles Investment Advisors LLC bought a new position in SPDR Portfolio S&P 500 Value ETF during the fourth quarter worth $41,000. MassMutual Private Wealth & Trust FSB acquired a new position in shares of SPDR Portfolio S&P 500 Value ETF in the fourth quarter valued at $44,000. Finally, Crewe Advisors LLC raised its position in shares of SPDR Portfolio S&P 500 Value ETF by 136.9% in the fourth quarter. Crewe Advisors LLC now owns 969 shares of the company’s stock valued at $50,000 after purchasing an additional 560 shares during the period.

SPDR Portfolio S&P 500 Value ETF Stock Performance

Shares of SPYV stock opened at $47.86 on Friday. SPDR Portfolio S&P 500 Value ETF has a 52 week low of $44.39 and a 52 week high of $55.42. The company has a market capitalization of $23.60 billion, a price-to-earnings ratio of 21.49 and a beta of 0.93. The company has a 50-day simple moving average of $50.96 and a 200 day simple moving average of $52.19.

About SPDR Portfolio S&P 500 Value ETF

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.