Prospect Financial Services LLC Invests $423,000 in SPDR Portfolio S&P 500 Value ETF (NYSEARCA:SPYV)

Prospect Financial Services LLC acquired a new position in shares of SPDR Portfolio S&P 500 Value ETF (NYSEARCA:SPYV) in the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm acquired 8,281 shares of the company’s stock, valued at approximately $423,000.

A number of other hedge funds have also modified their holdings of SPYV. Perigon Wealth Management LLC grew its stake in SPDR Portfolio S&P 500 Value ETF by 0.5% in the 4th quarter. Perigon Wealth Management LLC now owns 78,785 shares of the company’s stock worth $4,071,000 after acquiring an additional 407 shares during the period. MBE Wealth Management LLC grew its stake in SPDR Portfolio S&P 500 Value ETF by 1.8% in the 4th quarter. MBE Wealth Management LLC now owns 457,321 shares of the company’s stock worth $23,387,000 after acquiring an additional 7,967 shares during the period. Integrity Wealth Solutions LLC grew its stake in SPDR Portfolio S&P 500 Value ETF by 1.5% in the 4th quarter. Integrity Wealth Solutions LLC now owns 24,411 shares of the company’s stock worth $1,248,000 after acquiring an additional 357 shares during the period. Foundations Investment Advisors LLC grew its stake in SPDR Portfolio S&P 500 Value ETF by 5.8% in the 4th quarter. Foundations Investment Advisors LLC now owns 120,369 shares of the company’s stock worth $6,156,000 after acquiring an additional 6,554 shares during the period. Finally, Mount Yale Investment Advisors LLC purchased a new stake in SPDR Portfolio S&P 500 Value ETF in the 4th quarter worth approximately $69,902,000.

SPDR Portfolio S&P 500 Value ETF Stock Performance

SPYV stock opened at $53.10 on Tuesday. The stock has a market capitalization of $23.01 billion, a P/E ratio of 24.09 and a beta of 0.81. SPDR Portfolio S&P 500 Value ETF has a one year low of $46.42 and a one year high of $55.42. The company has a 50 day moving average price of $52.67 and a two-hundred day moving average price of $52.17.

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.