Iron Horse Wealth Management LLC Purchases 3,692 Shares of SPDR Portfolio S&P 500 Value ETF (NYSEARCA:SPYV)

Iron Horse Wealth Management LLC grew its position in shares of SPDR Portfolio S&P 500 Value ETF (NYSEARCA:SPYV) by 14.4% during the 1st quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund owned 29,392 shares of the company’s stock after purchasing an additional 3,692 shares during the quarter. SPDR Portfolio S&P 500 Value ETF makes up about 0.6% of Iron Horse Wealth Management LLC’s investment portfolio, making the stock its 16th largest position. Iron Horse Wealth Management LLC’s holdings in SPDR Portfolio S&P 500 Value ETF were worth $1,473,000 at the end of the most recent reporting period.

A number of other large investors also recently modified their holdings of the company. BKM Wealth Management LLC purchased a new position in shares of SPDR Portfolio S&P 500 Value ETF during the fourth quarter worth approximately $26,000. McGlone Suttner Wealth Management Inc. purchased a new stake in SPDR Portfolio S&P 500 Value ETF during the fourth quarter valued at about $28,000. EdgeRock Capital LLC bought a new position in shares of SPDR Portfolio S&P 500 Value ETF during the fourth quarter valued at about $29,000. Sunbelt Securities Inc. increased its holdings in shares of SPDR Portfolio S&P 500 Value ETF by 165.5% in the third quarter. Sunbelt Securities Inc. now owns 855 shares of the company’s stock worth $35,000 after buying an additional 533 shares during the period. Finally, Salem Investment Counselors Inc. bought a new stake in shares of SPDR Portfolio S&P 500 Value ETF in the 1st quarter valued at about $35,000.

SPDR Portfolio S&P 500 Value ETF Stock Performance

SPYV traded up $0.01 on Friday, hitting $48.74. 2,440,587 shares of the company were exchanged, compared to its average volume of 2,451,876. The firm has a fifty day simple moving average of $48.98 and a two-hundred day simple moving average of $48.10. The stock has a market capitalization of $21.12 billion, a PE ratio of 24.09 and a beta of 0.81. SPDR Portfolio S&P 500 Value ETF has a 12 month low of $39.51 and a 12 month high of $50.20.

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.