Schrum Private Wealth Management LLC Buys 13,833 Shares of SPDR Portfolio S&P 500 Value ETF (NYSEARCA:SPYV)

Schrum Private Wealth Management LLC boosted its stake in SPDR Portfolio S&P 500 Value ETF (NYSEARCA:SPYV) by 54.8% in the third quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund owned 39,062 shares of the company’s stock after purchasing an additional 13,833 shares during the quarter. SPDR Portfolio S&P 500 Value ETF comprises about 1.1% of Schrum Private Wealth Management LLC’s investment portfolio, making the stock its 22nd largest holding. Schrum Private Wealth Management LLC’s holdings in SPDR Portfolio S&P 500 Value ETF were worth $2,065,000 as of its most recent filing with the Securities and Exchange Commission.

Other hedge funds have also recently added to or reduced their stakes in the company. MB Generational Wealth LLC boosted its stake in SPDR Portfolio S&P 500 Value ETF by 34.3% during the 1st quarter. MB Generational Wealth LLC now owns 8,640 shares of the company’s stock worth $433,000 after acquiring an additional 2,209 shares during the last quarter. JDM Financial Group LLC raised its holdings in SPDR Portfolio S&P 500 Value ETF by 8.5% in the first quarter. JDM Financial Group LLC now owns 96,948 shares of the company’s stock worth $4,857,000 after purchasing an additional 7,581 shares during the period. Kingsview Wealth Management LLC boosted its position in shares of SPDR Portfolio S&P 500 Value ETF by 4.5% during the first quarter. Kingsview Wealth Management LLC now owns 268,765 shares of the company’s stock worth $13,465,000 after purchasing an additional 11,664 shares in the last quarter. HBK Sorce Advisory LLC acquired a new position in shares of SPDR Portfolio S&P 500 Value ETF in the 1st quarter valued at $507,000. Finally, Blair William & Co. IL increased its position in shares of SPDR Portfolio S&P 500 Value ETF by 9.2% in the 1st quarter. Blair William & Co. IL now owns 15,860 shares of the company’s stock valued at $795,000 after buying an additional 1,336 shares in the last quarter.

SPDR Portfolio S&P 500 Value ETF Stock Performance

SPYV stock traded up $0.16 during midday trading on Wednesday, hitting $54.08. 358,382 shares of the company’s stock were exchanged, compared to its average volume of 2,587,484. SPDR Portfolio S&P 500 Value ETF has a one year low of $42.92 and a one year high of $54.61. The company has a market cap of $23.44 billion, a PE ratio of 24.09 and a beta of 0.81. The stock’s fifty day moving average price is $52.70 and its 200-day moving average price is $50.74.

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.