TritonPoint Partners LLC Buys New Stake in SPDR Portfolio S&P 500 Value ETF $SPYV

TritonPoint Partners LLC bought a new stake in SPDR Portfolio S&P 500 Value ETF (NYSEARCA:SPYV) during the fourth quarter, Holdings Channel.com reports. The fund bought 71,158 shares of the company’s stock, valued at approximately $4,042,000. SPDR Portfolio S&P 500 Value ETF makes up about 2.2% of TritonPoint Partners LLC’s portfolio, making the stock its 8th largest position.

Other hedge funds have also recently modified their holdings of the company. Key Capital Management INC purchased a new position in shares of SPDR Portfolio S&P 500 Value ETF in the 4th quarter valued at $25,000. Highline Wealth Partners LLC grew its position in shares of SPDR Portfolio S&P 500 Value ETF by 229.2% in the 4th quarter. Highline Wealth Partners LLC now owns 451 shares of the company’s stock valued at $26,000 after buying an additional 314 shares during the last quarter. Thurston Springer Miller Herd & Titak Inc. purchased a new position in shares of SPDR Portfolio S&P 500 Value ETF in the 4th quarter valued at $26,000. Abich Financial Wealth Management LLC purchased a new position in shares of SPDR Portfolio S&P 500 Value ETF in the 3rd quarter valued at $27,000. Finally, CENTRAL TRUST Co grew its position in shares of SPDR Portfolio S&P 500 Value ETF by 191.2% in the 4th quarter. CENTRAL TRUST Co now owns 527 shares of the company’s stock valued at $30,000 after buying an additional 346 shares during the last quarter.

SPDR Portfolio S&P 500 Value ETF Price Performance

NYSEARCA SPYV opened at $61.27 on Monday. The firm’s fifty day moving average price is $59.66 and its 200 day moving average price is $58.38. The company has a market capitalization 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 12 month low of $50.82 and a 12 month 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.