MONECO Advisors LLC Makes New Investment in SPDR Portfolio S&P 500 Value ETF (NYSEARCA:SPYV)

MONECO Advisors LLC purchased a new position in shares of SPDR Portfolio S&P 500 Value ETF (NYSEARCA:SPYVGet Rating) in the 1st quarter, according to the company in its most recent 13F filing with the SEC. The firm purchased 5,008 shares of the company’s stock, valued at approximately $209,000.

Several other hedge funds have also recently added to or reduced their stakes in the company. Bessemer Group Inc. bought a new stake in shares of SPDR Portfolio S&P 500 Value ETF in the 4th quarter valued at $35,000. CWM LLC bought a new stake in shares of SPDR Portfolio S&P 500 Value ETF in the 4th quarter valued at $1,702,000. Fifth Third Bancorp increased its stake in shares of SPDR Portfolio S&P 500 Value ETF by 18.2% in the 4th quarter. Fifth Third Bancorp now owns 76,095 shares of the company’s stock valued at $3,196,000 after acquiring an additional 11,711 shares in the last quarter. Sigma Planning Corp increased its stake in shares of SPDR Portfolio S&P 500 Value ETF by 3.4% in the 4th quarter. Sigma Planning Corp now owns 32,516 shares of the company’s stock valued at $1,366,000 after acquiring an additional 1,056 shares in the last quarter. Finally, Tectonic Advisors LLC bought a new stake in shares of SPDR Portfolio S&P 500 Value ETF in the 4th quarter valued at $45,000.

SPDR Portfolio S&P 500 Value ETF Trading Up 0.2 %

NYSEARCA:SPYV opened at $38.79 on Friday. The company has a fifty day moving average of $37.90 and a 200-day moving average of $39.77. SPDR Portfolio S&P 500 Value ETF has a twelve month low of $35.62 and a twelve month high of $42.99.

About SPDR Portfolio S&P 500 Value ETF

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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.

Further Reading

Institutional Ownership by Quarter for SPDR Portfolio S&P 500 Value ETF (NYSEARCA:SPYV)

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