Wise Wealth Partners Purchases New Shares in SPDR Portfolio S&P 500 Value ETF (NYSEARCA:SPYV)

Wise Wealth Partners acquired a new position in SPDR Portfolio S&P 500 Value ETF (NYSEARCA:SPYV) in the fourth quarter, HoldingsChannel.com reports. The institutional investor acquired 5,491 shares of the company’s stock, valued at approximately $281,000.

Several other institutional investors and hedge funds have also added to or reduced their stakes in the company. SOA Wealth Advisors LLC. raised its position in SPDR Portfolio S&P 500 Value ETF by 40.1% in the 3rd quarter. SOA Wealth Advisors LLC. now owns 153,126 shares of the company’s stock worth $8,094,000 after buying an additional 43,857 shares during the last quarter. Eaton Financial Holdings Company LLC bought a new stake in shares of SPDR Portfolio S&P 500 Value ETF in the third quarter worth approximately $15,521,000. World Investment Advisors LLC purchased a new position in shares of SPDR Portfolio S&P 500 Value ETF during the third quarter valued at approximately $468,000. Wilmington Savings Fund Society FSB bought a new position in SPDR Portfolio S&P 500 Value ETF during the third quarter valued at approximately $404,000. Finally, Optimist Retirement Group LLC lifted its position in SPDR Portfolio S&P 500 Value ETF by 0.7% during the third quarter. Optimist Retirement Group LLC now owns 224,497 shares of the company’s stock valued at $11,867,000 after purchasing an additional 1,619 shares during the period.

SPDR Portfolio S&P 500 Value ETF Price Performance

SPYV stock opened at $49.19 on Wednesday. SPDR Portfolio S&P 500 Value ETF has a 1 year low of $44.39 and a 1 year high of $55.42. The company has a market cap of $24.42 billion, a P/E ratio of 20.50 and a beta of 0.88. The stock’s fifty day moving average price is $49.86 and its 200-day moving average price is $51.81.

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.