Merit Financial Group LLC boosted its stake in shares of SPDR Portfolio S&P 500 Value ETF (NYSEARCA:SPYV – Free Report) by 0.3% during the 4th quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 458,732 shares of the company’s stock after purchasing an additional 1,158 shares during the period. Merit Financial Group LLC owned about 0.11% of SPDR Portfolio S&P 500 Value ETF worth $23,460,000 at the end of the most recent quarter.
Several other hedge funds have also bought and sold shares of the stock. CENTRAL TRUST Co lifted its position in shares of SPDR Portfolio S&P 500 Value ETF by 199.4% during the 3rd quarter. CENTRAL TRUST Co now owns 491 shares of the company’s stock valued at $26,000 after buying an additional 327 shares in the last quarter. Kayne Anderson Rudnick Investment Management LLC boosted its position in shares of SPDR Portfolio S&P 500 Value ETF by 227.0% in the second quarter. Kayne Anderson Rudnick Investment Management LLC now owns 582 shares of the company’s stock worth $28,000 after purchasing an additional 404 shares during the period. ORG Wealth Partners LLC purchased a new stake in shares of SPDR Portfolio S&P 500 Value ETF in the third quarter worth $33,000. Legacy Investment Solutions LLC bought a new stake in shares of SPDR Portfolio S&P 500 Value ETF during the 3rd quarter valued at $37,000. Finally, Thurston Springer Miller Herd & Titak Inc. purchased a new position in shares of SPDR Portfolio S&P 500 Value ETF during the 3rd quarter valued at $51,000.
SPDR Portfolio S&P 500 Value ETF Stock Performance
Shares of SPYV stock opened at $52.01 on Friday. The stock has a fifty day simple moving average of $52.82 and a two-hundred day simple moving average of $52.00. The firm has a market capitalization of $22.54 billion, a PE ratio of 24.09 and a beta of 0.81. SPDR Portfolio S&P 500 Value ETF has a 52-week low of $45.64 and a 52-week high of $55.42.
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.
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