Empowered Funds LLC Boosts Stake in SPDR Portfolio S&P 500 Value ETF $SPYV

Empowered Funds LLC lifted its position in SPDR Portfolio S&P 500 Value ETF (NYSEARCA:SPYV) by 295.9% in the first quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 26,638 shares of the company’s stock after purchasing an additional 19,909 shares during the quarter. Empowered Funds LLC’s holdings in SPDR Portfolio S&P 500 Value ETF were worth $1,507,000 at the end of the most recent quarter.

A number of other hedge funds have also recently added to or reduced their stakes in the company. Key Capital Management INC purchased a new stake in SPDR Portfolio S&P 500 Value ETF in the fourth quarter valued at approximately $25,000. Meramec Financial Planners LLC purchased a new position in shares of SPDR Portfolio S&P 500 Value ETF during the first quarter worth approximately $28,000. Signature Equity Partners LLC grew its position in shares of SPDR Portfolio S&P 500 Value ETF by 163.2% during the first quarter. Signature Equity Partners LLC now owns 500 shares of the company’s stock worth $28,000 after acquiring an additional 310 shares during the last quarter. Advisortrust Partners LLC acquired a new position in shares of SPDR Portfolio S&P 500 Value ETF in the 1st quarter valued at $29,000. Finally, CENTRAL TRUST Co increased its holdings in shares of SPDR Portfolio S&P 500 Value ETF by 191.2% in the 4th quarter. CENTRAL TRUST Co now owns 527 shares of the company’s stock valued at $30,000 after acquiring an additional 346 shares during the period.

SPDR Portfolio S&P 500 Value ETF Price Performance

SPYV stock opened at $63.14 on Friday. The company has a fifty day moving average price of $61.49 and a 200 day moving average price of $59.61. SPDR Portfolio S&P 500 Value ETF has a 12 month low of $52.97 and a 12 month high of $63.31. The company has a market cap of $36.81 billion, a price-to-earnings ratio of 20.50 and a beta of 0.82.

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. The selection universe for the S&P 500 Index includes all United States common equities listed on the New York Stock Exchange, National Association of Securities Dealers Automated Quotation (NASDAQ) Global Select Market, NASDAQ Select Market and NASDAQ Capital Market with market capitalizations of $3.5 billion or more.