Western Wealth Management LLC Boosts Position in SPDR Portfolio S&P 500 Value ETF $SPYV

Western Wealth Management LLC raised its position in SPDR Portfolio S&P 500 Value ETF (NYSEARCA:SPYV) by 8.4% during the first quarter, according to the company in its most recent disclosure with the SEC. The firm owned 479,814 shares of the company’s stock after acquiring an additional 37,214 shares during the quarter. SPDR Portfolio S&P 500 Value ETF makes up 1.0% of Western Wealth Management LLC’s portfolio, making the stock its 16th biggest holding. Western Wealth Management LLC owned 0.09% of SPDR Portfolio S&P 500 Value ETF worth $27,148,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also bought and sold shares of the company. Rockefeller Capital Management L.P. boosted its stake in SPDR Portfolio S&P 500 Value ETF by 7.1% in the 4th quarter. Rockefeller Capital Management L.P. now owns 278,065 shares of the company’s stock worth $15,797,000 after purchasing an additional 18,366 shares in the last quarter. OLD National Bancorp IN raised its holdings in shares of SPDR Portfolio S&P 500 Value ETF by 2.2% in the fourth quarter. OLD National Bancorp IN now owns 1,661,688 shares of the company’s stock worth $94,400,000 after buying an additional 36,118 shares during the last quarter. Vicus Capital raised its holdings in shares of SPDR Portfolio S&P 500 Value ETF by 4.1% in the fourth quarter. Vicus Capital now owns 731,625 shares of the company’s stock worth $41,564,000 after buying an additional 28,653 shares during the last quarter. Destiny Capital Corp CO raised its holdings in shares of SPDR Portfolio S&P 500 Value ETF by 3.5% in the fourth quarter. Destiny Capital Corp CO now owns 370,227 shares of the company’s stock worth $21,033,000 after buying an additional 12,685 shares during the last quarter. Finally, CarsonAllaria Wealth Management Ltd. lifted its stake in shares of SPDR Portfolio S&P 500 Value ETF by 3.0% during the fourth quarter. CarsonAllaria Wealth Management Ltd. now owns 407,450 shares of the company’s stock worth $23,147,000 after buying an additional 11,957 shares during the period.

SPDR Portfolio S&P 500 Value ETF Price Performance

Shares of SPYV opened at $62.16 on Friday. The firm has a market capitalization of $36.22 billion, a PE ratio of 20.50 and a beta of 0.82. SPDR Portfolio S&P 500 Value ETF has a 1-year low of $51.97 and a 1-year high of $62.91. The company’s fifty day moving average price is $61.29 and its 200-day moving average price is $59.43.

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. The selection universe for the S&P 500 Index includes all United States common equities listed on the New York Stock Exchange, National Association of Securities Dealers Automated Quotation (NASDAQ) Global Select Market, NASDAQ Select Market and NASDAQ Capital Market with market capitalizations of $3.5 billion or more.