Courier Capital LLC Has $31.19 Million Position in SPDR Portfolio S&P 500 Value ETF (NYSEARCA:SPYV)

Courier Capital LLC boosted its holdings in SPDR Portfolio S&P 500 Value ETF (NYSEARCA:SPYV) by 18.1% in the first quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 610,727 shares of the company’s stock after purchasing an additional 93,518 shares during the period. SPDR Portfolio S&P 500 Value ETF comprises about 2.0% of Courier Capital LLC’s portfolio, making the stock its 6th largest holding. Courier Capital LLC owned 0.12% of SPDR Portfolio S&P 500 Value ETF worth $31,190,000 at the end of the most recent quarter.

A number of other hedge funds have also added to or reduced their stakes in the business. JPMorgan Chase & Co. grew its position in shares of SPDR Portfolio S&P 500 Value ETF by 5.4% in the 3rd quarter. JPMorgan Chase & Co. now owns 5,569,723 shares of the company’s stock valued at $294,416,000 after acquiring an additional 286,795 shares during the period. Ironwood Wealth Management LLC. raised its stake in SPDR Portfolio S&P 500 Value ETF by 62.1% in the 4th quarter. Ironwood Wealth Management LLC. now owns 15,312 shares of the company’s stock worth $783,000 after purchasing an additional 5,865 shares in the last quarter. DAVENPORT & Co LLC raised its stake in SPDR Portfolio S&P 500 Value ETF by 13.7% in the 4th quarter. DAVENPORT & Co LLC now owns 5,278 shares of the company’s stock worth $270,000 after purchasing an additional 637 shares in the last quarter. Hobart Private Capital LLC raised its position in shares of SPDR Portfolio S&P 500 Value ETF by 1.2% in the 4th quarter. Hobart Private Capital LLC now owns 163,808 shares of the company’s stock valued at $8,377,000 after buying an additional 1,881 shares in the last quarter. Finally, AlphaStar Capital Management LLC raised its position in shares of SPDR Portfolio S&P 500 Value ETF by 9.2% in the 4th quarter. AlphaStar Capital Management LLC now owns 1,640,600 shares of the company’s stock valued at $83,900,000 after buying an additional 138,578 shares in the last quarter.

SPDR Portfolio S&P 500 Value ETF Trading Up 1.0%

Shares of NYSEARCA:SPYV opened at $51.39 on Monday. The stock has a market capitalization of $25.97 billion, a PE ratio of 21.00 and a beta of 0.89. The firm has a 50 day moving average of $49.29 and a 200-day moving average of $51.22. SPDR Portfolio S&P 500 Value ETF has a 12 month low of $44.39 and a 12 month high of $55.42.

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.