SPDR Portfolio S&P 500 Value ETF (NYSEARCA:SPYV) is SOA Wealth Advisors LLC.’s 8th Largest Position

SOA Wealth Advisors LLC. raised its position in SPDR Portfolio S&P 500 Value ETF (NYSEARCA:SPYV) by 48.7% during the fourth quarter, HoldingsChannel.com reports. The firm owned 227,691 shares of the company’s stock after purchasing an additional 74,565 shares during the period. SPDR Portfolio S&P 500 Value ETF makes up 2.1% of SOA Wealth Advisors LLC.’s portfolio, making the stock its 8th biggest position. SOA Wealth Advisors LLC.’s holdings in SPDR Portfolio S&P 500 Value ETF were worth $11,644,000 as of its most recent SEC filing.

Other institutional investors have also added to or reduced their stakes in the company. CENTRAL TRUST Co increased its stake in SPDR Portfolio S&P 500 Value ETF by 199.4% in the 3rd quarter. CENTRAL TRUST Co now owns 491 shares of the company’s stock worth $26,000 after buying an additional 327 shares during the period. Park Place Capital Corp bought a new position in SPDR Portfolio S&P 500 Value ETF in the 4th quarter worth about $31,000. ORG Wealth Partners LLC bought a new position in SPDR Portfolio S&P 500 Value ETF in the 3rd quarter worth about $33,000. Legacy Investment Solutions LLC purchased a new position in shares of SPDR Portfolio S&P 500 Value ETF during the third quarter worth approximately $37,000. Finally, MassMutual Private Wealth & Trust FSB bought a new stake in shares of SPDR Portfolio S&P 500 Value ETF during the fourth quarter valued at approximately $44,000.

SPDR Portfolio S&P 500 Value ETF Stock Down 0.9 %

Shares of NYSEARCA:SPYV opened at $52.11 on Friday. The business’s 50 day moving average is $52.35 and its 200 day moving average is $52.30. The stock has a market cap of $22.58 billion, a P/E ratio of 24.09 and a beta of 0.81. SPDR Portfolio S&P 500 Value ETF has a 52-week low of $46.42 and a 52-week high of $55.42.

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.