SPDR Portfolio S&P 500 Value ETF $SPYV Holdings Boosted by Tennessee Valley Asset Management Partners

Tennessee Valley Asset Management Partners raised its stake in shares of SPDR Portfolio S&P 500 Value ETF (NYSEARCA:SPYV) by 3.1% during the 4th quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 735,506 shares of the company’s stock after purchasing an additional 22,232 shares during the period. SPDR Portfolio S&P 500 Value ETF accounts for 5.4% of Tennessee Valley Asset Management Partners’ holdings, making the stock its 4th biggest position. Tennessee Valley Asset Management Partners’ holdings in SPDR Portfolio S&P 500 Value ETF were worth $41,784,000 as of its most recent filing with the Securities & Exchange Commission.

Several other hedge funds and other institutional investors have also added to or reduced their stakes in SPYV. Key Capital Management INC purchased a new position in SPDR Portfolio S&P 500 Value ETF during the fourth quarter valued at $25,000. Highline Wealth Partners LLC lifted its holdings in SPDR Portfolio S&P 500 Value ETF by 229.2% during the fourth quarter. Highline Wealth Partners LLC now owns 451 shares of the company’s stock valued at $26,000 after purchasing an additional 314 shares in the last quarter. Thurston Springer Miller Herd & Titak Inc. purchased a new position in SPDR Portfolio S&P 500 Value ETF during the fourth quarter valued at $26,000. Abich Financial Wealth Management LLC purchased a new position in SPDR Portfolio S&P 500 Value ETF during the third quarter valued at $27,000. Finally, Triumph Capital Management purchased a new position in SPDR Portfolio S&P 500 Value ETF during the third quarter valued at $30,000.

SPDR Portfolio S&P 500 Value ETF Stock Down 0.7%

Shares of NYSEARCA SPYV opened at $59.88 on Friday. The firm has a 50-day simple moving average of $58.06 and a 200-day simple moving average of $57.67. The stock has a market capitalization of $33.65 billion, a price-to-earnings ratio of 20.50 and a beta of 0.82. SPDR Portfolio S&P 500 Value ETF has a 52 week low of $49.68 and a 52 week high of $60.51.

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.