Wealth Management Resources Inc. Purchases 3,528 Shares of SPDR Portfolio S&P 500 Value ETF (NYSEARCA:SPYV)

Wealth Management Resources Inc. boosted its position in shares of SPDR Portfolio S&P 500 Value ETF (NYSEARCA:SPYV) by 15.4% in the first quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 26,445 shares of the company’s stock after purchasing an additional 3,528 shares during the period. SPDR Portfolio S&P 500 Value ETF comprises 0.6% of Wealth Management Resources Inc.’s holdings, making the stock its 24th largest position. Wealth Management Resources Inc.’s holdings in SPDR Portfolio S&P 500 Value ETF were worth $1,325,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other large investors have also recently added to or reduced their stakes in SPYV. BKM Wealth Management LLC bought a new position in SPDR Portfolio S&P 500 Value ETF during the 4th quarter worth about $26,000. McGlone Suttner Wealth Management Inc. acquired a new position in shares of SPDR Portfolio S&P 500 Value ETF during the 4th quarter worth about $28,000. EdgeRock Capital LLC acquired a new position in shares of SPDR Portfolio S&P 500 Value ETF during the 4th quarter worth about $29,000. Sunbelt Securities Inc. boosted its stake in shares of SPDR Portfolio S&P 500 Value ETF by 165.5% during the 3rd quarter. Sunbelt Securities Inc. now owns 855 shares of the company’s stock worth $35,000 after buying an additional 533 shares during the last quarter. Finally, Salem Investment Counselors Inc. acquired a new position in shares of SPDR Portfolio S&P 500 Value ETF during the 1st quarter worth about $35,000.

SPDR Portfolio S&P 500 Value ETF Trading Down 0.1 %

Shares of SPDR Portfolio S&P 500 Value ETF stock traded down $0.06 during trading hours on Thursday, reaching $48.64. 1,001,958 shares of the company’s stock were exchanged, compared to its average volume of 2,431,911. The company has a 50 day moving average of $48.99 and a two-hundred day moving average of $48.15. SPDR Portfolio S&P 500 Value ETF has a fifty-two week low of $39.51 and a fifty-two week high of $50.20. The stock has a market cap of $21.08 billion, a P/E ratio of 24.09 and a beta of 0.81.

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.