Retirement Financial Solutions LLC Makes New $5.71 Million Investment in SPDR Portfolio S&P 500 Value ETF $SPYV

Retirement Financial Solutions LLC purchased a new position in SPDR Portfolio S&P 500 Value ETF (NYSEARCA:SPYV) in the fourth quarter, HoldingsChannel.com reports. The firm purchased 100,524 shares of the company’s stock, valued at approximately $5,711,000. SPDR Portfolio S&P 500 Value ETF makes up approximately 1.7% of Retirement Financial Solutions LLC’s holdings, making the stock its 21st largest holding.

Other hedge funds and other institutional investors have also bought and sold shares of the company. Asempa Wealth Advisors purchased a new stake in SPDR Portfolio S&P 500 Value ETF in the fourth quarter worth about $945,000. ERn Financial LLC increased its position in SPDR Portfolio S&P 500 Value ETF by 4.9% in the fourth quarter. ERn Financial LLC now owns 676,263 shares of the company’s stock worth $38,419,000 after buying an additional 31,736 shares in the last quarter. Fifth Third Bancorp increased its position in SPDR Portfolio S&P 500 Value ETF by 4.8% in the third quarter. Fifth Third Bancorp now owns 275,282 shares of the company’s stock worth $15,231,000 after buying an additional 12,700 shares in the last quarter. CIBC Bancorp USA Inc. purchased a new stake in SPDR Portfolio S&P 500 Value ETF in the third quarter worth about $10,928,000. Finally, TIAA Trust National Association increased its position in SPDR Portfolio S&P 500 Value ETF by 13.3% in the third quarter. TIAA Trust National Association now owns 4,330,027 shares of the company’s stock worth $239,580,000 after buying an additional 506,795 shares in the last quarter.

SPDR Portfolio S&P 500 Value ETF Price Performance

Shares of SPYV opened at $61.27 on Monday. The business has a 50-day simple moving average of $59.66 and a two-hundred day simple moving average of $58.38. The stock has a market cap of $34.43 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 $50.82 and a 52 week high of $61.49.

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.