Facet Wealth Inc. Purchases 19,140 Shares of SPDR Portfolio S&P 500 Value ETF (NYSEARCA:SPYV)

Facet Wealth Inc. raised its stake in SPDR Portfolio S&P 500 Value ETF (NYSEARCA:SPYV) by 2.7% during the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 728,798 shares of the company’s stock after buying an additional 19,140 shares during the period. SPDR Portfolio S&P 500 Value ETF accounts for 1.0% of Facet Wealth Inc.’s holdings, making the stock its 19th largest holding. Facet Wealth Inc. owned approximately 0.17% of SPDR Portfolio S&P 500 Value ETF worth $37,978,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other hedge funds have also recently added to or reduced their stakes in the company. Donaldson Capital Management LLC acquired a new stake in SPDR Portfolio S&P 500 Value ETF in the fourth quarter valued at approximately $221,000. JPMorgan Chase & Co. boosted its position in SPDR Portfolio S&P 500 Value ETF by 5.4% in the third quarter. JPMorgan Chase & Co. now owns 5,569,723 shares of the company’s stock valued at $294,416,000 after buying an additional 286,795 shares in the last quarter. Hobart Private Capital LLC lifted its holdings in shares of SPDR Portfolio S&P 500 Value ETF by 1.2% during the fourth quarter. Hobart Private Capital LLC now owns 163,808 shares of the company’s stock worth $8,377,000 after purchasing an additional 1,881 shares during the period. Wrapmanager Inc. lifted its holdings in shares of SPDR Portfolio S&P 500 Value ETF by 0.6% during the fourth quarter. Wrapmanager Inc. now owns 208,554 shares of the company’s stock worth $10,665,000 after purchasing an additional 1,214 shares during the period. Finally, Trilogy Capital Inc. lifted its holdings in shares of SPDR Portfolio S&P 500 Value ETF by 10.4% during the fourth quarter. Trilogy Capital Inc. now owns 146,514 shares of the company’s stock worth $7,493,000 after purchasing an additional 13,800 shares during the period.

SPDR Portfolio S&P 500 Value ETF Stock Performance

Shares of NYSEARCA:SPYV opened at $50.61 on Friday. The firm has a market cap of $24.78 billion, a PE ratio of 21.43 and a beta of 0.93. The firm’s fifty day moving average is $52.05 and its 200-day moving average is $52.60. SPDR Portfolio S&P 500 Value ETF has a 52 week low of $47.22 and a 52 week high of $55.42.

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.