Meridian Wealth Management LLC Has $12.90 Million Holdings in SPDR Portfolio S&P 500 Value ETF (NYSEARCA:SPYV)

Meridian Wealth Management LLC trimmed its holdings in shares of SPDR Portfolio S&P 500 Value ETF (NYSEARCA:SPYV) by 3.3% during the 4th quarter, HoldingsChannel reports. The institutional investor owned 252,256 shares of the company’s stock after selling 8,636 shares during the period. Meridian Wealth Management LLC’s holdings in SPDR Portfolio S&P 500 Value ETF were worth $12,900,000 as of its most recent SEC filing.

Other institutional investors also recently bought and sold shares of the company. Financial Council LLC boosted its stake in shares of SPDR Portfolio S&P 500 Value ETF by 2.4% during the 4th quarter. Financial Council LLC now owns 217,173 shares of the company’s stock worth $11,106,000 after acquiring an additional 5,044 shares in the last quarter. Fidelis Capital Partners LLC lifted its holdings in SPDR Portfolio S&P 500 Value ETF by 136.7% in the 4th quarter. Fidelis Capital Partners LLC now owns 26,258 shares of the company’s stock worth $1,374,000 after purchasing an additional 15,163 shares during the last quarter. SBI Securities Co. Ltd. bought a new stake in SPDR Portfolio S&P 500 Value ETF during the fourth quarter worth approximately $179,000. Jones Financial Companies Lllp grew its holdings in SPDR Portfolio S&P 500 Value ETF by 51.8% during the fourth quarter. Jones Financial Companies Lllp now owns 59,904 shares of the company’s stock valued at $3,063,000 after purchasing an additional 20,446 shares during the last quarter. Finally, Modera Wealth Management LLC raised its position in shares of SPDR Portfolio S&P 500 Value ETF by 202.8% in the fourth quarter. Modera Wealth Management LLC now owns 124,412 shares of the company’s stock valued at $6,362,000 after purchasing an additional 83,327 shares during the period.

SPDR Portfolio S&P 500 Value ETF Trading Up 1.3 %

Shares of SPDR Portfolio S&P 500 Value ETF stock opened at $52.84 on Monday. The firm has a fifty day simple moving average of $52.11 and a 200-day simple moving average of $52.62. The stock has a market capitalization of $25.65 billion, a price-to-earnings ratio of 22.42 and a beta of 0.95. SPDR Portfolio S&P 500 Value ETF has a 1-year low of $47.22 and a 1-year high of $55.42.

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.