Fortis Advisors LLC Purchases New Stake in SPDR Portfolio S&P 500 Value ETF $SPYV

Fortis Advisors LLC purchased a new stake in SPDR Portfolio S&P 500 Value ETF (NYSEARCA:SPYV) during the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor purchased 8,736 shares of the company’s stock, valued at approximately $496,000.

Other large investors have also added to or reduced their stakes in the company. Key Capital Management INC bought a new stake in SPDR Portfolio S&P 500 Value ETF in the 4th quarter valued at $25,000. Highline Wealth Partners LLC raised its stake in SPDR Portfolio S&P 500 Value ETF by 229.2% in the 4th quarter. Highline Wealth Partners LLC now owns 451 shares of the company’s stock valued at $26,000 after acquiring an additional 314 shares during the period. Thurston Springer Miller Herd & Titak Inc. bought a new stake in SPDR Portfolio S&P 500 Value ETF in the 4th quarter valued at $26,000. Abich Financial Wealth Management LLC bought a new stake in SPDR Portfolio S&P 500 Value ETF in the 3rd quarter valued at $27,000. Finally, Triumph Capital Management bought a new stake in SPDR Portfolio S&P 500 Value ETF in the 3rd quarter valued at $30,000.

SPDR Portfolio S&P 500 Value ETF Trading Down 0.2%

SPYV opened at $61.05 on Friday. SPDR Portfolio S&P 500 Value ETF has a 1-year low of $50.27 and a 1-year high of $61.33. The stock’s fifty day simple moving average is $58.74 and its 200 day simple moving average is $58.01. The stock has a market cap of $34.31 billion, a PE ratio of 20.50 and a beta of 0.82.

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. 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.