Palladiem LLC Takes $4.42 Million Position in SPDR Portfolio S&P 500 Value ETF $SPYV

Palladiem LLC acquired a new stake in SPDR Portfolio S&P 500 Value ETF (NYSEARCA:SPYV) in the 4th quarter, according to the company in its most recent Form 13F filing with the SEC. The institutional investor acquired 77,300 shares of the company’s stock, valued at approximately $4,421,000. SPDR Portfolio S&P 500 Value ETF comprises about 4.2% of Palladiem LLC’s holdings, making the stock its 10th biggest holding.

Several other large investors also recently made changes to their positions in SPYV. Key Capital Management INC acquired a new stake in shares of SPDR Portfolio S&P 500 Value ETF in the 4th quarter valued at approximately $25,000. Highline Wealth Partners LLC boosted its holdings in shares of SPDR Portfolio S&P 500 Value ETF by 229.2% in the 4th quarter. Highline Wealth Partners LLC now owns 451 shares of the company’s stock valued at $26,000 after buying an additional 314 shares during the last quarter. Thurston Springer Miller Herd & Titak Inc. acquired a new stake in shares of SPDR Portfolio S&P 500 Value ETF in the 4th quarter valued at approximately $26,000. Abich Financial Wealth Management LLC acquired a new stake in shares of SPDR Portfolio S&P 500 Value ETF in the 3rd quarter valued at approximately $27,000. Finally, Triumph Capital Management acquired a new stake in shares of SPDR Portfolio S&P 500 Value ETF in the 3rd quarter valued at approximately $30,000.

SPDR Portfolio S&P 500 Value ETF Trading Down 1.1%

NYSEARCA SPYV opened at $60.69 on Friday. The stock has a 50 day moving average of $59.20 and a 200-day moving average of $58.17. SPDR Portfolio S&P 500 Value ETF has a 12 month low of $50.82 and a 12 month high of $61.49. The company has a market cap of $34.10 billion, a PE ratio of 20.50 and a beta of 0.82.

SPDR Portfolio S&P 500 Value ETF 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.