Global Wealth Strategies & Associates Takes $51,000 Position in SPDR Portfolio S&P 500 Value ETF (NYSEARCA:SPYV)

Global Wealth Strategies & Associates acquired a new stake in shares of SPDR Portfolio S&P 500 Value ETF (NYSEARCA:SPYV) in the 1st quarter, Holdings Channel.com reports. The institutional investor acquired 995 shares of the company’s stock, valued at approximately $51,000.

Other institutional investors also recently made changes to their positions in the company. Wood Tarver Financial Group LLC purchased a new stake in shares of SPDR Portfolio S&P 500 Value ETF during the 4th quarter valued at $35,000. Lindbrook Capital LLC grew its stake in shares of SPDR Portfolio S&P 500 Value ETF by 224.8% during the 4th quarter. Lindbrook Capital LLC now owns 695 shares of the company’s stock valued at $36,000 after buying an additional 481 shares during the period. Deutsche Bank AG grew its stake in shares of SPDR Portfolio S&P 500 Value ETF by 81.3% during the 4th quarter. Deutsche Bank AG now owns 725 shares of the company’s stock valued at $37,000 after buying an additional 325 shares during the period. Angeles Investment Advisors LLC purchased a new stake in shares of SPDR Portfolio S&P 500 Value ETF during the 4th quarter valued at $41,000. Finally, Crewe Advisors LLC grew its stake in shares of SPDR Portfolio S&P 500 Value ETF by 136.9% during the 4th quarter. Crewe Advisors LLC now owns 969 shares of the company’s stock valued at $50,000 after buying an additional 560 shares during the period.

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

NYSEARCA:SPYV opened at $50.48 on Thursday. The firm has a market capitalization of $25.41 billion, a price-to-earnings ratio of 21.00 and a beta of 0.89. The firm’s fifty day simple moving average is $49.32 and its 200 day simple moving average is $51.40. SPDR Portfolio S&P 500 Value ETF has a twelve month low of $44.39 and a twelve 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.