Tidal Investments LLC Increases Stock Holdings in SPDR Portfolio S&P 500 Value ETF (NYSEARCA:SPYV)

Tidal Investments LLC increased its holdings in shares of SPDR Portfolio S&P 500 Value ETF (NYSEARCA:SPYV) by 39.9% during the first quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 58,477 shares of the company’s stock after acquiring an additional 16,689 shares during the quarter. Tidal Investments LLC’s holdings in SPDR Portfolio S&P 500 Value ETF were worth $2,930,000 as of its most recent SEC filing.

A number of other hedge funds have also bought and sold shares of SPYV. Crewe Advisors LLC bought a new stake in shares of SPDR Portfolio S&P 500 Value ETF during the 1st quarter valued at $29,000. EdgeRock Capital LLC purchased a new position in shares of SPDR Portfolio S&P 500 Value ETF in the 4th quarter worth about $29,000. Salem Investment Counselors Inc. purchased a new position in shares of SPDR Portfolio S&P 500 Value ETF in the 1st quarter worth about $35,000. Vima LLC purchased a new position in shares of SPDR Portfolio S&P 500 Value ETF in the 4th quarter worth about $36,000. Finally, Creekmur Asset Management LLC purchased a new position in shares of SPDR Portfolio S&P 500 Value ETF in the 4th quarter worth about $37,000.

SPDR Portfolio S&P 500 Value ETF Stock Performance

SPYV stock traded down $0.37 during trading on Thursday, hitting $50.67. 1,801,528 shares of the company traded hands, compared to its average volume of 2,446,085. The firm has a market capitalization of $21.96 billion, a PE ratio of 24.09 and a beta of 0.81. SPDR Portfolio S&P 500 Value ETF has a 1 year low of $39.51 and a 1 year high of $51.43. The company has a 50-day moving average of $49.37 and a 200-day moving average of $48.64.

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.