CGN Advisors LLC Acquires 44,699 Shares of SPDR Portfolio S&P 500 Value ETF (NYSEARCA:SPYV)

CGN Advisors LLC increased its holdings in shares of SPDR Portfolio S&P 500 Value ETF (NYSEARCA:SPYV) by 6.3% in the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 754,750 shares of the company’s stock after purchasing an additional 44,699 shares during the period. SPDR Portfolio S&P 500 Value ETF makes up about 3.8% of CGN Advisors LLC’s holdings, making the stock its 3rd biggest position. CGN Advisors LLC’s holdings in SPDR Portfolio S&P 500 Value ETF were worth $38,598,000 as of its most recent SEC filing.

A number of other hedge funds have also added to or reduced their stakes in the business. Arkadios Wealth Advisors grew its position in shares of SPDR Portfolio S&P 500 Value ETF by 3.2% during the 4th quarter. Arkadios Wealth Advisors now owns 32,302 shares of the company’s stock worth $1,652,000 after buying an additional 1,013 shares during the period. Sax Wealth Advisors LLC acquired a new stake in SPDR Portfolio S&P 500 Value ETF in the fourth quarter worth $300,000. Merit Financial Group LLC increased its stake in SPDR Portfolio S&P 500 Value ETF by 0.3% in the fourth quarter. Merit Financial Group LLC now owns 458,732 shares of the company’s stock valued at $23,460,000 after purchasing an additional 1,158 shares in the last quarter. Wealthcare Advisory Partners LLC raised its holdings in shares of SPDR Portfolio S&P 500 Value ETF by 0.9% during the fourth quarter. Wealthcare Advisory Partners LLC now owns 214,727 shares of the company’s stock valued at $10,981,000 after purchasing an additional 1,933 shares during the period. Finally, Goldstone Financial Group LLC boosted its position in shares of SPDR Portfolio S&P 500 Value ETF by 21.3% during the 4th quarter. Goldstone Financial Group LLC now owns 198,961 shares of the company’s stock worth $10,175,000 after purchasing an additional 34,907 shares in the last quarter.

SPDR Portfolio S&P 500 Value ETF Stock Performance

SPYV stock opened at $52.01 on Friday. The stock’s 50 day simple moving average is $52.82 and its 200 day simple moving average is $52.00. The company has a market cap of $22.54 billion, a P/E ratio of 24.09 and a beta of 0.81. SPDR Portfolio S&P 500 Value ETF has a fifty-two week low of $45.64 and a fifty-two week 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.