Kingsview Wealth Management LLC Raises Stock Holdings in SPDR Portfolio S&P 500 Value ETF $SPYV

Kingsview Wealth Management LLC raised its position in SPDR Portfolio S&P 500 Value ETF (NYSEARCA:SPYV) by 37.9% in the fourth quarter, Holdings Channel.com reports. The institutional investor owned 358,783 shares of the company’s stock after purchasing an additional 98,700 shares during the period. Kingsview Wealth Management LLC’s holdings in SPDR Portfolio S&P 500 Value ETF were worth $20,382,000 as of its most recent filing with the Securities and Exchange Commission.

Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Key Capital Management INC purchased a new stake in SPDR Portfolio S&P 500 Value ETF in the fourth quarter valued at approximately $25,000. Highline Wealth Partners LLC lifted its stake in SPDR Portfolio S&P 500 Value ETF by 229.2% in the fourth quarter. Highline Wealth Partners LLC now owns 451 shares of the company’s stock valued at $26,000 after buying an additional 314 shares during the last quarter. Thurston Springer Miller Herd & Titak Inc. purchased a new stake in SPDR Portfolio S&P 500 Value ETF in the fourth quarter valued at approximately $26,000. Abich Financial Wealth Management LLC purchased a new stake in SPDR Portfolio S&P 500 Value ETF in the third quarter valued at approximately $27,000. Finally, CENTRAL TRUST Co increased its holdings in shares of SPDR Portfolio S&P 500 Value ETF by 191.2% in the fourth quarter. CENTRAL TRUST Co now owns 527 shares of the company’s stock valued at $30,000 after purchasing an additional 346 shares during the period.

SPDR Portfolio S&P 500 Value ETF Trading Up 0.0%

NYSEARCA:SPYV opened at $61.09 on Thursday. The firm has a market cap of $34.33 billion, a P/E ratio of 20.50 and a beta of 0.82. The stock’s 50 day simple moving average is $58.57 and its 200-day simple moving average is $57.95. SPDR Portfolio S&P 500 Value ETF has a 12-month low of $50.27 and a 12-month high of $61.33.

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. 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.