SPDR Portfolio S&P 500 Value ETF $SPYV Stock Position Lifted by SilverOak Wealth Management LLC

SilverOak Wealth Management LLC grew its stake in SPDR Portfolio S&P 500 Value ETF (NYSEARCA:SPYV) by 2.2% in the 4th quarter, Holdings Channel reports. The firm owned 408,444 shares of the company’s stock after purchasing an additional 8,688 shares during the period. SPDR Portfolio S&P 500 Value ETF makes up about 3.6% of SilverOak Wealth Management LLC’s portfolio, making the stock its 7th biggest position. SilverOak Wealth Management LLC’s holdings in SPDR Portfolio S&P 500 Value ETF were worth $23,204,000 as of its most recent filing with the Securities and Exchange Commission.

Several other institutional investors and hedge funds have also recently modified their holdings of the stock. Key Capital Management INC bought a new position in SPDR Portfolio S&P 500 Value ETF in the fourth quarter worth about $25,000. Highline Wealth Partners LLC boosted its position in SPDR Portfolio S&P 500 Value ETF by 229.2% during the 4th quarter. Highline Wealth Partners LLC now owns 451 shares of the company’s stock valued at $26,000 after acquiring an additional 314 shares in the last quarter. Thurston Springer Miller Herd & Titak Inc. bought a new stake in SPDR Portfolio S&P 500 Value ETF during the 4th quarter valued at approximately $26,000. Abich Financial Wealth Management LLC purchased a new position in shares of SPDR Portfolio S&P 500 Value ETF during the 3rd quarter worth approximately $27,000. Finally, Triumph Capital Management purchased a new position in shares of SPDR Portfolio S&P 500 Value ETF during the 3rd quarter worth approximately $30,000.

SPDR Portfolio S&P 500 Value ETF Stock Performance

Shares of NYSEARCA:SPYV opened at $58.88 on Wednesday. The firm has a market capitalization of $33.08 billion, a P/E ratio of 20.50 and a beta of 0.84. The stock has a 50 day moving average price of $57.88 and a 200-day moving average price of $57.21. SPDR Portfolio S&P 500 Value ETF has a 52-week low of $47.06 and a 52-week high of $59.75.

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. 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.