SPDR Portfolio S&P 500 Value ETF (NYSEARCA:SPYV) Shares Acquired by Independent Advisor Alliance

Independent Advisor Alliance increased its stake in SPDR Portfolio S&P 500 Value ETF (NYSEARCA:SPYV) by 6,012.4% during the 4th quarter, according to its most recent Form 13F filing with the SEC. The fund owned 1,553,951 shares of the company’s stock after acquiring an additional 1,528,528 shares during the period. SPDR Portfolio S&P 500 Value ETF makes up 1.1% of Independent Advisor Alliance’s investment portfolio, making the stock its 14th largest position. Independent Advisor Alliance owned about 0.36% of SPDR Portfolio S&P 500 Value ETF worth $79,469,000 as of its most recent filing with the SEC.

Several other hedge funds have also recently bought and sold shares of SPYV. Raymond James Financial Inc. purchased a new position in SPDR Portfolio S&P 500 Value ETF in the fourth quarter valued at approximately $281,432,000. LPL Financial LLC raised its stake in shares of SPDR Portfolio S&P 500 Value ETF by 8.8% during the third 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 period. Bank of New York Mellon Corp raised its stake in shares of SPDR Portfolio S&P 500 Value ETF by 105.0% during the fourth 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 period. Dynasty Wealth Management LLC raised its stake in shares of SPDR Portfolio S&P 500 Value ETF by 71.6% during the fourth 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 period. Finally, Mount Yale Investment Advisors LLC purchased a new stake in shares of SPDR Portfolio S&P 500 Value ETF during the fourth quarter valued at approximately $69,902,000.

SPDR Portfolio S&P 500 Value ETF Stock Up 0.8 %

SPYV opened at $52.03 on Monday. The firm has a market capitalization of $25.25 billion, a P/E ratio of 22.42 and a beta of 0.95. The firm’s 50 day moving average is $52.12 and its 200-day moving average is $52.65. SPDR Portfolio S&P 500 Value ETF has a 52-week low of $47.22 and a 52-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.