Cwm LLC Buys 576,063 Shares of SPDR Portfolio S&P 500 Value ETF (NYSEARCA:SPYV)

Cwm LLC boosted its stake in shares of SPDR Portfolio S&P 500 Value ETF (NYSEARCA:SPYVFree Report) by 13.3% during the 1st quarter, HoldingsChannel.com reports. The institutional investor owned 4,920,831 shares of the company’s stock after buying an additional 576,063 shares during the period. SPDR Portfolio S&P 500 Value ETF makes up approximately 3.0% of Cwm LLC’s holdings, making the stock its 7th biggest holding. Cwm LLC’s holdings in SPDR Portfolio S&P 500 Value ETF were worth $246,534,000 as of its most recent SEC filing.

Other hedge funds have also recently bought and sold shares of the company. BKM Wealth Management LLC acquired a new stake in SPDR Portfolio S&P 500 Value ETF during the 4th quarter worth approximately $26,000. McGlone Suttner Wealth Management Inc. acquired a new stake in shares of SPDR Portfolio S&P 500 Value ETF in the fourth quarter valued at approximately $28,000. EdgeRock Capital LLC acquired a new stake in shares of SPDR Portfolio S&P 500 Value ETF in the fourth quarter valued at approximately $29,000. Sunbelt Securities Inc. raised its holdings in shares of SPDR Portfolio S&P 500 Value ETF by 165.5% in the third quarter. Sunbelt Securities Inc. now owns 855 shares of the company’s stock valued at $35,000 after purchasing an additional 533 shares during the last quarter. Finally, Vima LLC acquired a new stake in shares of SPDR Portfolio S&P 500 Value ETF in the fourth quarter valued at approximately $36,000.

SPDR Portfolio S&P 500 Value ETF Trading Up 0.3 %

Shares of NYSEARCA SPYV traded up $0.16 during midday trading on Wednesday, reaching $49.03. The company’s stock had a trading volume of 2,467,055 shares, compared to its average volume of 2,479,123. SPDR Portfolio S&P 500 Value ETF has a fifty-two week low of $39.51 and a fifty-two week high of $50.20. The stock has a market capitalization of $21.25 billion, a price-to-earnings ratio of 24.09 and a beta of 0.81. The stock has a 50 day simple moving average of $48.80 and a 200-day simple moving average of $47.89.

SPDR Portfolio S&P 500 Value ETF Profile

(Free Report)

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.

Featured Articles

Want to see what other hedge funds are holding SPYV? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for SPDR Portfolio S&P 500 Value ETF (NYSEARCA:SPYVFree Report).

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

Receive News & Ratings for SPDR Portfolio S&P 500 Value ETF Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for SPDR Portfolio S&P 500 Value ETF and related companies with MarketBeat.com's FREE daily email newsletter.