SteelPeak Wealth LLC Acquires 76,796 Shares of SPDR Portfolio S&P 500 Value ETF $SPYV

SteelPeak Wealth LLC boosted its holdings in shares of SPDR Portfolio S&P 500 Value ETF (NYSEARCA:SPYV) by 271.2% in the first quarter, HoldingsChannel reports. The fund owned 105,113 shares of the company’s stock after acquiring an additional 76,796 shares during the period. SteelPeak Wealth LLC’s holdings in SPDR Portfolio S&P 500 Value ETF were worth $5,947,000 as of its most recent SEC filing.

Several other hedge funds have also bought and sold shares of SPYV. Financial Engines Advisors L.L.C. increased its stake in shares of SPDR Portfolio S&P 500 Value ETF by 0.8% during the third quarter. Financial Engines Advisors L.L.C. now owns 81,729,362 shares of the company’s stock valued at $4,522,086,000 after purchasing an additional 642,820 shares in the last quarter. Morgan Stanley boosted its position in shares of SPDR Portfolio S&P 500 Value ETF by 120.2% in the 4th quarter. Morgan Stanley now owns 19,747,812 shares of the company’s stock worth $1,121,873,000 after purchasing an additional 10,778,683 shares in the last quarter. Allworth Financial LP boosted its position in shares of SPDR Portfolio S&P 500 Value ETF by 2.0% in the 4th quarter. Allworth Financial LP now owns 19,695,295 shares of the company’s stock worth $1,118,890,000 after purchasing an additional 382,214 shares in the last quarter. Valmark Advisers Inc. grew its stake in shares of SPDR Portfolio S&P 500 Value ETF by 2.9% in the 1st quarter. Valmark Advisers Inc. now owns 8,996,058 shares of the company’s stock worth $508,997,000 after buying an additional 255,913 shares during the last quarter. Finally, UBS Group AG grew its stake in shares of SPDR Portfolio S&P 500 Value ETF by 10.0% in the 3rd quarter. UBS Group AG now owns 7,272,363 shares of the company’s stock worth $402,380,000 after buying an additional 662,367 shares during the last quarter.

SPDR Portfolio S&P 500 Value ETF Stock Up 0.9%

SPYV stock opened at $62.24 on Friday. SPDR Portfolio S&P 500 Value ETF has a twelve month low of $51.97 and a twelve month high of $62.24. The firm has a market cap of $36.21 billion, a PE ratio of 20.50 and a beta of 0.82. The business has a 50 day moving average of $60.94 and a 200 day moving average of $59.11.

About SPDR Portfolio S&P 500 Value ETF

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.