FNY Investment Advisers LLC Buys New Stake in SPDR Portfolio S&P 500 Value ETF (NYSEARCA:SPYV)

FNY Investment Advisers LLC purchased a new position in shares of SPDR Portfolio S&P 500 Value ETF (NYSEARCA:SPYV) during the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor purchased 23,000 shares of the company’s stock, valued at approximately $1,176,000.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in the company. CENTRAL TRUST Co lifted its position in shares of SPDR Portfolio S&P 500 Value ETF by 199.4% during the 3rd quarter. CENTRAL TRUST Co now owns 491 shares of the company’s stock valued at $26,000 after buying an additional 327 shares in the last quarter. Kayne Anderson Rudnick Investment Management LLC increased its holdings in SPDR Portfolio S&P 500 Value ETF by 227.0% in the 2nd quarter. Kayne Anderson Rudnick Investment Management LLC now owns 582 shares of the company’s stock worth $28,000 after acquiring an additional 404 shares in the last quarter. ORG Wealth Partners LLC acquired a new position in SPDR Portfolio S&P 500 Value ETF during the third quarter worth $33,000. Legacy Investment Solutions LLC purchased a new position in SPDR Portfolio S&P 500 Value ETF during the third quarter valued at $37,000. Finally, Thurston Springer Miller Herd & Titak Inc. acquired a new stake in shares of SPDR Portfolio S&P 500 Value ETF in the third quarter valued at about $51,000.

SPDR Portfolio S&P 500 Value ETF Stock Up 0.7 %

SPYV opened at $50.75 on Tuesday. The company has a market cap of $22.00 billion, a PE ratio of 24.09 and a beta of 0.81. SPDR Portfolio S&P 500 Value ETF has a twelve month low of $45.64 and a twelve month high of $55.42. The company has a 50-day moving average price of $52.99 and a 200 day moving average price of $51.96.

About SPDR Portfolio S&P 500 Value ETF

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.