Coordinated Financial Services Inc. Takes Position in SPDR Portfolio S&P 500 Value ETF (NYSEARCA:SPYV)

Coordinated Financial Services Inc. bought a new stake in SPDR Portfolio S&P 500 Value ETF (NYSEARCA:SPYV) during the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm bought 10,933 shares of the company’s stock, valued at approximately $559,000.

Several other hedge funds also recently modified their holdings of SPYV. Raymond James Financial Inc. bought a new position in shares of SPDR Portfolio S&P 500 Value ETF in the 4th quarter valued at about $281,432,000. LPL Financial LLC boosted its stake in shares of SPDR Portfolio S&P 500 Value ETF by 8.8% in the 3rd quarter. LPL Financial LLC now owns 39,150,619 shares of the company’s stock valued at $2,069,502,000 after purchasing an additional 3,176,679 shares during the last quarter. Bank of New York Mellon Corp boosted its stake in shares of SPDR Portfolio S&P 500 Value ETF by 105.0% in the 4th quarter. Bank of New York Mellon Corp now owns 3,312,481 shares of the company’s stock valued at $169,400,000 after purchasing an additional 1,696,888 shares during the last quarter. Dynasty Wealth Management LLC boosted its stake in shares of SPDR Portfolio S&P 500 Value ETF by 71.6% in the 4th quarter. Dynasty Wealth Management LLC now owns 3,310,399 shares of the company’s stock valued at $169,294,000 after purchasing an additional 1,380,993 shares during the last quarter. Finally, Mount Yale Investment Advisors LLC bought a new position in shares of SPDR Portfolio S&P 500 Value ETF in the 4th quarter valued at about $69,902,000.

SPDR Portfolio S&P 500 Value ETF Price Performance

Shares of NYSEARCA:SPYV opened at $52.03 on Friday. The company has a market capitalization of $25.25 billion, a price-to-earnings ratio of 22.42 and a beta of 0.95. The firm’s 50 day simple moving average is $52.12 and its 200 day simple moving average is $52.64. SPDR Portfolio S&P 500 Value ETF has a fifty-two week low of $47.22 and a fifty-two week high of $55.42.

SPDR Portfolio S&P 500 Value ETF 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.