Sequoia Financial Advisors LLC Has $2.69 Million Stake in SPDR Portfolio S&P 500 Value ETF (NYSEARCA:SPYV)

Sequoia Financial Advisors LLC lifted its holdings in shares of SPDR Portfolio S&P 500 Value ETF (NYSEARCA:SPYV) by 11.6% in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 52,665 shares of the company’s stock after buying an additional 5,464 shares during the quarter. Sequoia Financial Advisors LLC’s holdings in SPDR Portfolio S&P 500 Value ETF were worth $2,693,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors have also bought and sold shares of SPYV. Park Place Capital Corp bought a new position in SPDR Portfolio S&P 500 Value ETF during the 4th quarter worth approximately $31,000. Lindbrook Capital LLC lifted its position in shares of SPDR Portfolio S&P 500 Value ETF by 224.8% in the fourth quarter. Lindbrook Capital LLC now owns 695 shares of the company’s stock worth $36,000 after purchasing an additional 481 shares in the last quarter. Legacy Investment Solutions LLC acquired a new position in SPDR Portfolio S&P 500 Value ETF during the third quarter worth $37,000. MassMutual Private Wealth & Trust FSB acquired a new position in SPDR Portfolio S&P 500 Value ETF during the fourth quarter worth $44,000. Finally, Crewe Advisors LLC increased 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 buying an additional 560 shares during the last quarter.

SPDR Portfolio S&P 500 Value ETF Trading Up 1.7 %

Shares of SPYV opened at $50.61 on Friday. The company has a market cap of $24.78 billion, a price-to-earnings ratio of 21.43 and a beta of 0.93. The company’s fifty day simple moving average is $52.05 and its 200 day simple moving average is $52.59. SPDR Portfolio S&P 500 Value ETF has a 1-year low of $47.22 and a 1-year high of $55.42.

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.