71 West Capital Partners Purchases Shares of 1,048,426 SPDR Portfolio S&P 500 Value ETF $SPYV

71 West Capital Partners purchased a new stake in shares of SPDR Portfolio S&P 500 Value ETF (NYSEARCA:SPYV) in the fourth quarter, according to its most recent disclosure with the SEC. The firm purchased 1,048,426 shares of the company’s stock, valued at approximately $59,561,000. SPDR Portfolio S&P 500 Value ETF makes up approximately 2.7% of 71 West Capital Partners’ investment portfolio, making the stock its 9th biggest position. 71 West Capital Partners owned about 0.19% of SPDR Portfolio S&P 500 Value ETF as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. Empirical Asset Management LLC lifted its position in shares of SPDR Portfolio S&P 500 Value ETF by 1.5% during the 4th quarter. Empirical Asset Management LLC now owns 12,628 shares of the company’s stock valued at $717,000 after acquiring an additional 183 shares during the last quarter. Fiduciary Group LLC lifted its position in shares of SPDR Portfolio S&P 500 Value ETF by 3.8% during the 3rd quarter. Fiduciary Group LLC now owns 5,070 shares of the company’s stock valued at $281,000 after acquiring an additional 185 shares during the last quarter. Principle Wealth Partners LLC lifted its position in shares of SPDR Portfolio S&P 500 Value ETF by 4.2% during the 4th quarter. Principle Wealth Partners LLC now owns 4,725 shares of the company’s stock valued at $268,000 after acquiring an additional 191 shares during the last quarter. Note Advisors LLC lifted its position in shares of SPDR Portfolio S&P 500 Value ETF by 4.9% during the 3rd quarter. Note Advisors LLC now owns 4,145 shares of the company’s stock valued at $229,000 after acquiring an additional 195 shares during the last quarter. Finally, Hantz Financial Services Inc. lifted its position in shares of SPDR Portfolio S&P 500 Value ETF by 11.2% during the 4th quarter. Hantz Financial Services Inc. now owns 2,118 shares of the company’s stock valued at $120,000 after acquiring an additional 213 shares during the last quarter.

SPDR Portfolio S&P 500 Value ETF Stock Performance

Shares of NYSEARCA:SPYV opened at $61.52 on Tuesday. SPDR Portfolio S&P 500 Value ETF has a one year low of $50.82 and a one year high of $61.78. The stock has a fifty day moving average of $59.76 and a 200-day moving average of $58.41. The company has a market capitalization of $34.57 billion, a PE ratio of 20.50 and a beta of 0.82.

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. 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.