8,668 Shares in SPDR Portfolio S&P 500 Value ETF (NYSEARCA:SPYV) Acquired by Trueblood Wealth Management LLC

Trueblood Wealth Management LLC acquired a new stake in SPDR Portfolio S&P 500 Value ETF (NYSEARCA:SPYV) in the 4th quarter, according to its most recent disclosure with the SEC. The fund acquired 8,668 shares of the company’s stock, valued at approximately $404,000.

Several other hedge funds and other institutional investors have also recently added to or reduced their stakes in SPYV. JPMorgan Chase & Co. raised its holdings in shares of SPDR Portfolio S&P 500 Value ETF by 37.9% during the 1st quarter. JPMorgan Chase & Co. now owns 33,696 shares of the company’s stock worth $1,407,000 after buying an additional 9,258 shares in the last quarter. Vontobel Holding Ltd. grew its position in SPDR Portfolio S&P 500 Value ETF by 643.9% during the 1st quarter. Vontobel Holding Ltd. now owns 36,970 shares of the company’s stock worth $1,543,000 after acquiring an additional 32,000 shares during the last quarter. Cetera Investment Advisers grew its position in SPDR Portfolio S&P 500 Value ETF by 24.2% during the 1st quarter. Cetera Investment Advisers now owns 35,099 shares of the company’s stock worth $1,465,000 after acquiring an additional 6,849 shares during the last quarter. Sequoia Financial Advisors LLC bought a new stake in SPDR Portfolio S&P 500 Value ETF during the 1st quarter worth $631,000. Finally, Baird Financial Group Inc. grew its position in SPDR Portfolio S&P 500 Value ETF by 11.3% during the 1st quarter. Baird Financial Group Inc. now owns 217,240 shares of the company’s stock worth $9,070,000 after acquiring an additional 21,971 shares during the last quarter.

SPDR Portfolio S&P 500 Value ETF Price Performance

SPYV stock traded up $0.20 during midday trading on Thursday, reaching $50.10. 2,645,192 shares of the stock were exchanged, compared to its average volume of 2,751,738. The stock has a market capitalization of $18.87 billion, a PE ratio of 13.69 and a beta of 0.94. SPDR Portfolio S&P 500 Value ETF has a 52 week low of $39.51 and a 52 week high of $50.20. The company has a fifty day moving average price of $47.87 and a 200 day moving average price of $45.05.

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.