42,082 Shares in SPDR Portfolio S&P 500 Value ETF (NYSEARCA:SPYV) Acquired by Foundation Wealth Management LLC PA

Foundation Wealth Management LLC PA purchased a new position in shares of SPDR Portfolio S&P 500 Value ETF (NYSEARCA:SPYV) during the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund purchased 42,082 shares of the company’s stock, valued at approximately $2,152,000.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Park Place Capital Corp purchased a new position in shares of SPDR Portfolio S&P 500 Value ETF during the fourth quarter worth about $31,000. Legacy Investment Solutions LLC acquired a new stake in SPDR Portfolio S&P 500 Value ETF during the 3rd quarter worth approximately $37,000. Lindbrook Capital LLC lifted its position in SPDR Portfolio S&P 500 Value ETF by 224.8% during the 4th quarter. Lindbrook Capital LLC now owns 695 shares of the company’s stock worth $36,000 after acquiring an additional 481 shares during the period. Angeles Investment Advisors LLC purchased a new position in shares of SPDR Portfolio S&P 500 Value ETF in the 4th quarter valued at approximately $41,000. Finally, MassMutual Private Wealth & Trust FSB acquired a new position in shares of SPDR Portfolio S&P 500 Value ETF in the fourth quarter valued at approximately $44,000.

SPDR Portfolio S&P 500 Value ETF Price Performance

Shares of NYSEARCA SPYV opened at $51.39 on Thursday. The company has a market cap of $25.16 billion, a PE ratio of 21.43 and a beta of 0.93. The stock has a fifty day moving average price of $52.08 and a 200 day moving average price of $52.55. SPDR Portfolio S&P 500 Value ETF has a 1-year low of $47.22 and a 1-year high of $55.42.

SPDR Portfolio S&P 500 Value ETF Dividend Announcement

The company also recently announced a dividend, which was paid on Wednesday, March 26th. Stockholders of record on Monday, March 24th were paid a $0.1798 dividend. The ex-dividend date was Monday, March 24th.

SPDR Portfolio S&P 500 Value ETF Company 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.