Palladiem LLC Purchases Shares of 77,300 SPDR Portfolio S&P 500 Value ETF $SPYV

Palladiem LLC purchased a new stake in shares of SPDR Portfolio S&P 500 Value ETF (NYSEARCA:SPYV) in the 4th quarter, Holdings Channel reports. The fund purchased 77,300 shares of the company’s stock, valued at approximately $4,421,000. SPDR Portfolio S&P 500 Value ETF accounts for about 4.2% of Palladiem LLC’s holdings, making the stock its 10th largest holding.

Other hedge funds have also added to or reduced their stakes in the company. Key Capital Management INC acquired a new stake in SPDR Portfolio S&P 500 Value ETF during the 4th quarter valued at $25,000. Highline Wealth Partners LLC lifted its holdings in SPDR Portfolio S&P 500 Value ETF by 229.2% during the 4th quarter. Highline Wealth Partners LLC now owns 451 shares of the company’s stock valued at $26,000 after purchasing an additional 314 shares during the last quarter. Thurston Springer Miller Herd & Titak Inc. bought a new position in SPDR Portfolio S&P 500 Value ETF during the 4th quarter worth $26,000. Abich Financial Wealth Management LLC acquired a new stake in shares of SPDR Portfolio S&P 500 Value ETF during the third quarter worth $27,000. Finally, CENTRAL TRUST Co lifted its holdings in shares of SPDR Portfolio S&P 500 Value ETF by 191.2% during the fourth quarter. CENTRAL TRUST Co now owns 527 shares of the company’s stock worth $30,000 after buying an additional 346 shares in the last quarter.

SPDR Portfolio S&P 500 Value ETF Stock Performance

SPYV opened at $60.69 on Friday. SPDR Portfolio S&P 500 Value ETF has a fifty-two week low of $50.82 and a fifty-two week high of $61.49. The company has a market capitalization of $34.10 billion, a P/E ratio of 20.50 and a beta of 0.82. The stock has a fifty day moving average of $59.20 and a 200-day moving average of $58.17.

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. 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.