Phoenix Wealth Advisors Boosts Holdings in SPDR Portfolio S&P 500 Value ETF (NYSEARCA:SPYV)

Phoenix Wealth Advisors boosted its stake in SPDR Portfolio S&P 500 Value ETF (NYSEARCA:SPYV) by 59.1% in the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 59,108 shares of the company’s stock after acquiring an additional 21,967 shares during the period. SPDR Portfolio S&P 500 Value ETF comprises approximately 1.9% of Phoenix Wealth Advisors’ portfolio, making the stock its 20th largest position. Phoenix Wealth Advisors’ holdings in SPDR Portfolio S&P 500 Value ETF were worth $2,774,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also recently bought and sold shares of the stock. SVB Wealth LLC grew its stake in shares of SPDR Portfolio S&P 500 Value ETF by 25,897.7% in the 1st quarter. SVB Wealth LLC now owns 4,549,851 shares of the company’s stock valued at $189,956,000 after purchasing an additional 4,532,350 shares during the last quarter. TIAA Trust National Association acquired a new stake in shares of SPDR Portfolio S&P 500 Value ETF during the third quarter worth $117,938,000. Bank of New York Mellon Corp grew its position in SPDR Portfolio S&P 500 Value ETF by 20,880.6% in the 3rd quarter. Bank of New York Mellon Corp now owns 2,845,804 shares of the company’s stock valued at $117,418,000 after buying an additional 2,832,240 shares during the last quarter. Financial Gravity Asset Management Inc. increased its stake in SPDR Portfolio S&P 500 Value ETF by 2,334.0% in the 3rd quarter. Financial Gravity Asset Management Inc. now owns 1,877,647 shares of the company’s stock valued at $77,472,000 after buying an additional 1,800,505 shares during the period. Finally, Cowa LLC raised its position in SPDR Portfolio S&P 500 Value ETF by 13,339.0% during the 1st quarter. Cowa LLC now owns 1,786,714 shares of the company’s stock worth $746,000 after buying an additional 1,773,419 shares during the last quarter.

SPDR Portfolio S&P 500 Value ETF Stock Down 0.1 %

SPYV stock traded down $0.04 on Wednesday, reaching $47.37. 564,777 shares of the company’s stock were exchanged, compared to its average volume of 2,665,941. The stock has a fifty day moving average of $48.50 and a 200-day moving average of $45.72. The firm has a market cap of $20.30 billion, a PE ratio of 23.06 and a beta of 0.88. SPDR Portfolio S&P 500 Value ETF has a twelve month low of $39.51 and a twelve month high of $50.20.

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.