SPDR Portfolio S&P 500 Value ETF $SPYV Shares Acquired by Gerber Kawasaki Wealth & Investment Management

Gerber Kawasaki Wealth & Investment Management boosted its position in SPDR Portfolio S&P 500 Value ETF (NYSEARCA:SPYV) by 5.1% in the 4th quarter, HoldingsChannel reports. The firm owned 2,410,365 shares of the company’s stock after acquiring an additional 116,447 shares during the period. SPDR Portfolio S&P 500 Value ETF makes up about 4.7% of Gerber Kawasaki Wealth & Investment Management’s portfolio, making the stock its 3rd largest position. Gerber Kawasaki Wealth & Investment Management’s holdings in SPDR Portfolio S&P 500 Value ETF were worth $136,933,000 at the end of the most recent quarter.

Several other hedge funds have also bought and sold shares of the company. Empirical Asset Management LLC lifted its stake in SPDR Portfolio S&P 500 Value ETF by 1.5% in the 4th quarter. Empirical Asset Management LLC now owns 12,628 shares of the company’s stock valued at $717,000 after purchasing an additional 183 shares during the last quarter. Fiduciary Group LLC lifted its stake in SPDR Portfolio S&P 500 Value ETF by 3.8% in the 3rd quarter. Fiduciary Group LLC now owns 5,070 shares of the company’s stock valued at $281,000 after purchasing an additional 185 shares during the last quarter. Principle Wealth Partners LLC lifted its stake in SPDR Portfolio S&P 500 Value ETF by 4.2% in the 4th quarter. Principle Wealth Partners LLC now owns 4,725 shares of the company’s stock valued at $268,000 after purchasing an additional 191 shares during the last quarter. Note Advisors LLC lifted its stake in SPDR Portfolio S&P 500 Value ETF by 4.9% in the 3rd quarter. Note Advisors LLC now owns 4,145 shares of the company’s stock valued at $229,000 after purchasing an additional 195 shares during the last quarter. Finally, Hantz Financial Services Inc. lifted its stake in SPDR Portfolio S&P 500 Value ETF by 11.2% in the 4th quarter. Hantz Financial Services Inc. now owns 2,118 shares of the company’s stock valued at $120,000 after purchasing an additional 213 shares during the last quarter.

SPDR Portfolio S&P 500 Value ETF Stock Performance

Shares of NYSEARCA:SPYV opened at $61.27 on Friday. SPDR Portfolio S&P 500 Value ETF has a 52-week low of $50.82 and a 52-week high of $61.49. The company has a market capitalization of $34.43 billion, a P/E ratio of 20.50 and a beta of 0.82. The company has a 50-day simple moving average of $59.66 and a 200 day simple moving average of $58.36.

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. 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.