TAGStone Capital Inc. Grows Stake in SPDR Portfolio S&P 500 Value ETF (NYSEARCA:SPYV)

TAGStone Capital Inc. grew its holdings in shares of SPDR Portfolio S&P 500 Value ETF (NYSEARCA:SPYV) by 0.9% during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 99,025 shares of the company’s stock after buying an additional 930 shares during the period. SPDR Portfolio S&P 500 Value ETF accounts for about 2.5% of TAGStone Capital Inc.’s investment portfolio, making the stock its 10th biggest holding. TAGStone Capital Inc.’s holdings in SPDR Portfolio S&P 500 Value ETF were worth $5,064,000 at the end of the most recent quarter.

A number of other hedge funds also recently made changes to their positions in SPYV. Raymond James Financial Inc. bought a new stake in SPDR Portfolio S&P 500 Value ETF during the fourth quarter worth approximately $281,432,000. Horizon Investments LLC raised its holdings in SPDR Portfolio S&P 500 Value ETF by 300.5% during the fourth quarter. Horizon Investments LLC now owns 5,797,361 shares of the company’s stock worth $296,477,000 after purchasing an additional 4,349,903 shares in the last quarter. LPL Financial LLC raised its holdings in SPDR Portfolio S&P 500 Value ETF by 5.8% during the fourth quarter. LPL Financial LLC now owns 41,404,616 shares of the company’s stock worth $2,117,432,000 after purchasing an additional 2,253,997 shares in the last quarter. Bank of New York Mellon Corp raised its holdings in SPDR Portfolio S&P 500 Value ETF by 105.0% during the fourth quarter. Bank of New York Mellon Corp now owns 3,312,481 shares of the company’s stock worth $169,400,000 after purchasing an additional 1,696,888 shares in the last quarter. Finally, Independent Advisor Alliance raised its holdings in SPDR Portfolio S&P 500 Value ETF by 6,012.4% during the fourth quarter. Independent Advisor Alliance now owns 1,553,951 shares of the company’s stock worth $79,469,000 after purchasing an additional 1,528,528 shares in the last quarter.

SPDR Portfolio S&P 500 Value ETF Price Performance

Shares of NYSEARCA:SPYV opened at $51.03 on Monday. The stock has a market cap of $24.98 billion, a price-to-earnings ratio of 21.43 and a beta of 0.93. SPDR Portfolio S&P 500 Value ETF has a 12 month low of $47.22 and a 12 month high of $55.42. The stock’s 50 day moving average price is $52.06 and its 200 day moving average price is $52.56.

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.