Braun Bostich & Associates Inc. Has $7.68 Million Stock Holdings in SPDR Portfolio S&P 500 Value ETF $SPYV

Braun Bostich & Associates Inc. raised its holdings in SPDR Portfolio S&P 500 Value ETF (NYSEARCA:SPYV) by 33.8% during the 4th quarter, Holdings Channel.com reports. The institutional investor owned 135,205 shares of the company’s stock after acquiring an additional 34,153 shares during the quarter. SPDR Portfolio S&P 500 Value ETF accounts for 4.7% of Braun Bostich & Associates Inc.’s investment portfolio, making the stock its 3rd biggest holding. Braun Bostich & Associates Inc.’s holdings in SPDR Portfolio S&P 500 Value ETF were worth $7,681,000 as of its most recent filing with the SEC.

Other institutional investors and hedge funds have also recently modified their holdings of the company. Farther Finance Advisors LLC lifted its position in shares of SPDR Portfolio S&P 500 Value ETF by 13.8% during the 3rd quarter. Farther Finance Advisors LLC now owns 176,237 shares of the company’s stock valued at $9,751,000 after acquiring an additional 21,383 shares during the period. ERn Financial LLC boosted its stake in SPDR Portfolio S&P 500 Value ETF by 11.2% during the third quarter. ERn Financial LLC now owns 644,527 shares of the company’s stock worth $35,662,000 after acquiring an additional 64,828 shares in the last quarter. Destiny Capital Corp CO grew its holdings in SPDR Portfolio S&P 500 Value ETF by 7.4% in the third quarter. Destiny Capital Corp CO now owns 357,542 shares of the company’s stock worth $19,783,000 after purchasing an additional 24,508 shares during the period. AE Wealth Management LLC grew its holdings in SPDR Portfolio S&P 500 Value ETF by 19.5% in the third quarter. AE Wealth Management LLC now owns 3,117,992 shares of the company’s stock worth $172,519,000 after purchasing an additional 509,151 shares during the period. Finally, Asempa Wealth Advisors acquired a new stake in SPDR Portfolio S&P 500 Value ETF in the fourth quarter worth $945,000.

SPDR Portfolio S&P 500 Value ETF Trading Down 1.2%

SPYV opened at $55.59 on Friday. The company has a fifty day moving average price of $58.13 and a two-hundred day moving average price of $56.87. SPDR Portfolio S&P 500 Value ETF has a 1-year low of $44.39 and a 1-year high of $59.75. The company has a market cap of $30.98 billion, a P/E ratio of 20.50 and a beta of 0.89.

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. The selection universe for the S&P 500 Index includes all United States common equities listed on the New York Stock Exchange, National Association of Securities Dealers Automated Quotation (NASDAQ) Global Select Market, NASDAQ Select Market and NASDAQ Capital Market with market capitalizations of $3.5 billion or more.