Scarborough Advisors LLC Has $36.55 Million Holdings in SPDR Portfolio S&P 500 Value ETF (NYSEARCA:SPYV)

Scarborough Advisors LLC raised its stake in SPDR Portfolio S&P 500 Value ETF (NYSEARCA:SPYV) by 506.1% in the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 714,732 shares of the company’s stock after purchasing an additional 596,807 shares during the period. SPDR Portfolio S&P 500 Value ETF accounts for 5.2% of Scarborough Advisors LLC’s holdings, making the stock its 4th biggest holding. Scarborough Advisors LLC owned 0.16% of SPDR Portfolio S&P 500 Value ETF worth $36,551,000 as of its most recent filing with the Securities and Exchange Commission.

Several other hedge funds and other institutional investors have also recently bought and sold shares of SPYV. CENTRAL TRUST Co grew its holdings in shares of SPDR Portfolio S&P 500 Value ETF by 199.4% during the third quarter. CENTRAL TRUST Co now owns 491 shares of the company’s stock valued at $26,000 after buying an additional 327 shares during the last quarter. Park Place Capital Corp acquired a new position in shares of SPDR Portfolio S&P 500 Value ETF during the fourth quarter valued at about $31,000. Legacy Investment Solutions LLC acquired a new position in shares of SPDR Portfolio S&P 500 Value ETF during the third quarter valued at about $37,000. MassMutual Private Wealth & Trust FSB purchased a new position in SPDR Portfolio S&P 500 Value ETF during the fourth quarter worth about $44,000. Finally, Crewe Advisors LLC boosted its holdings in SPDR Portfolio S&P 500 Value ETF by 136.9% during the fourth quarter. Crewe Advisors LLC now owns 969 shares of the company’s stock worth $50,000 after purchasing an additional 560 shares during the last quarter.

SPDR Portfolio S&P 500 Value ETF Stock Performance

SPDR Portfolio S&P 500 Value ETF stock opened at $52.71 on Friday. SPDR Portfolio S&P 500 Value ETF has a fifty-two week low of $47.14 and a fifty-two week high of $55.42. The stock has a market cap of $22.84 billion, a PE ratio of 24.09 and a beta of 0.81. The firm’s 50-day simple moving average is $52.12 and its 200 day simple moving average is $52.37.

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.