SPDR Portfolio S&P 500 Value ETF $SPYV Stock Position Increased by Convergence Financial LLC

Convergence Financial LLC raised its position in shares of SPDR Portfolio S&P 500 Value ETF (NYSEARCA:SPYV) by 2.9% during the 4th quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 707,615 shares of the company’s stock after purchasing an additional 19,783 shares during the quarter. SPDR Portfolio S&P 500 Value ETF accounts for 5.9% of Convergence Financial LLC’s portfolio, making the stock its 2nd largest position. Convergence Financial LLC owned approximately 0.13% of SPDR Portfolio S&P 500 Value ETF worth $40,200,000 at the end of the most recent reporting period.

Other large investors have also added to or reduced their stakes in the company. Key Capital Management INC purchased a new stake in SPDR Portfolio S&P 500 Value ETF during the 4th quarter valued at about $25,000. Highline Wealth Partners LLC grew its position in SPDR Portfolio S&P 500 Value ETF by 229.2% during the 4th quarter. Highline Wealth Partners LLC now owns 451 shares of the company’s stock worth $26,000 after purchasing an additional 314 shares during the period. Thurston Springer Miller Herd & Titak Inc. acquired a new stake in SPDR Portfolio S&P 500 Value ETF during the 4th quarter worth about $26,000. Abich Financial Wealth Management LLC acquired a new stake in SPDR Portfolio S&P 500 Value ETF during the 3rd quarter worth about $27,000. Finally, CENTRAL TRUST Co grew its position in SPDR Portfolio S&P 500 Value ETF by 191.2% during the 4th quarter. CENTRAL TRUST Co now owns 527 shares of the company’s stock worth $30,000 after purchasing an additional 346 shares during the period.

SPDR Portfolio S&P 500 Value ETF Stock Performance

Shares of SPYV opened at $61.38 on Friday. The business’s 50-day moving average is $59.12 and its two-hundred day moving average is $58.15. The company has a market capitalization of $34.49 billion, a P/E ratio of 20.50 and a beta of 0.82. SPDR Portfolio S&P 500 Value ETF has a fifty-two week low of $50.76 and a fifty-two week high of $61.49.

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.