Ignite Planners LLC Purchases 4,687 Shares of SPDR Portfolio S&P 500 Value ETF (NYSEARCA:SPYV)

Ignite Planners LLC raised its position in SPDR Portfolio S&P 500 Value ETF (NYSEARCA:SPYV) by 3.8% in the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 126,490 shares of the company’s stock after purchasing an additional 4,687 shares during the period. SPDR Portfolio S&P 500 Value ETF accounts for 1.4% of Ignite Planners LLC’s investment portfolio, making the stock its 16th biggest position. Ignite Planners LLC’s holdings in SPDR Portfolio S&P 500 Value ETF were worth $6,488,000 at the end of the most recent quarter.

A number of other hedge funds have also recently made changes to their positions in SPYV. First National Bank of Omaha grew its stake in SPDR Portfolio S&P 500 Value ETF by 1.4% in the 3rd quarter. First National Bank of Omaha now owns 13,456 shares of the company’s stock worth $711,000 after buying an additional 187 shares in the last quarter. Venturi Wealth Management LLC grew its position in SPDR Portfolio S&P 500 Value ETF by 18.0% in the third quarter. Venturi Wealth Management LLC now owns 1,324 shares of the company’s stock worth $70,000 after acquiring an additional 202 shares in the last quarter. MAI Capital Management grew its position in SPDR Portfolio S&P 500 Value ETF by 1.5% in the third quarter. MAI Capital Management now owns 16,614 shares of the company’s stock worth $878,000 after acquiring an additional 243 shares in the last quarter. HBW Advisory Services LLC increased its stake in SPDR Portfolio S&P 500 Value ETF by 3.7% in the fourth quarter. HBW Advisory Services LLC now owns 8,891 shares of the company’s stock valued at $455,000 after acquiring an additional 314 shares during the last quarter. Finally, Integrity Wealth Solutions LLC raised its position in SPDR Portfolio S&P 500 Value ETF by 1.3% during the third quarter. Integrity Wealth Solutions LLC now owns 24,054 shares of the company’s stock valued at $1,271,000 after purchasing an additional 315 shares in the last quarter.

SPDR Portfolio S&P 500 Value ETF Price Performance

NYSEARCA:SPYV opened at $50.75 on Tuesday. The company has a market capitalization of $22.00 billion, a price-to-earnings ratio of 24.09 and a beta of 0.81. The business has a 50 day moving average of $52.99 and a 200 day moving average of $51.96. SPDR Portfolio S&P 500 Value ETF has a 1-year low of $45.64 and a 1-year high of $55.42.

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.