Fell Capital Management ADV Buys 15,447 Shares of SPDR Portfolio S&P 500 Value ETF $SPYV

Fell Capital Management ADV lifted its stake in shares of SPDR Portfolio S&P 500 Value ETF (NYSEARCA:SPYV) by 62.8% in the first quarter, HoldingsChannel.com reports. The fund owned 40,059 shares of the company’s stock after acquiring an additional 15,447 shares during the quarter. SPDR Portfolio S&P 500 Value ETF accounts for approximately 2.2% of Fell Capital Management ADV’s portfolio, making the stock its 12th largest position. Fell Capital Management ADV’s holdings in SPDR Portfolio S&P 500 Value ETF were worth $2,267,000 at the end of the most recent reporting period.

Other hedge funds have 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 worth approximately $25,000. Highline Wealth Partners LLC raised its position in SPDR Portfolio S&P 500 Value ETF by 229.2% in the 4th quarter. Highline Wealth Partners LLC now owns 451 shares of the company’s stock worth $26,000 after purchasing an additional 314 shares during the period. Thurston Springer Miller Herd & Titak Inc. purchased a new position in SPDR Portfolio S&P 500 Value ETF in the 4th quarter worth $26,000. Meramec Financial Planners LLC bought a new stake in SPDR Portfolio S&P 500 Value ETF in the first quarter worth $28,000. Finally, Triumph Capital Management purchased a new stake in SPDR Portfolio S&P 500 Value ETF during the third quarter valued at about $30,000.

SPDR Portfolio S&P 500 Value ETF Price Performance

Shares of SPYV stock opened at $61.56 on Wednesday. The business has a 50-day moving average of $60.87 and a 200 day moving average of $59.05. SPDR Portfolio S&P 500 Value ETF has a 1-year low of $51.97 and a 1-year high of $62.19. The stock has a market capitalization of $35.81 billion, a PE ratio of 20.50 and a beta of 0.82.

SPDR Portfolio S&P 500 Value ETF Company 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.