Arbor Trust Wealth Advisors LLC Invests $969,000 in SPDR Portfolio S&P 500 Value ETF (NYSEARCA:SPYV)

Arbor Trust Wealth Advisors LLC bought a new position in shares of SPDR Portfolio S&P 500 Value ETF (NYSEARCA:SPYV) in the fourth quarter, according to the company in its most recent filing with the SEC. The fund bought 20,775 shares of the company’s stock, valued at approximately $969,000.

A number of other institutional investors have also modified their holdings of SPYV. Avior Wealth Management LLC lifted its position in SPDR Portfolio S&P 500 Value ETF by 6.2% during the 4th quarter. Avior Wealth Management LLC now owns 475,411 shares of the company’s stock worth $22,168,000 after acquiring an additional 27,848 shares in the last quarter. Signet Financial Management LLC lifted its position in SPDR Portfolio S&P 500 Value ETF by 0.4% during the 4th quarter. Signet Financial Management LLC now owns 607,952 shares of the company’s stock worth $28,349,000 after acquiring an additional 2,353 shares in the last quarter. Octavia Wealth Advisors LLC acquired a new position in SPDR Portfolio S&P 500 Value ETF during the 4th quarter worth approximately $1,313,000. Flputnam Investment Management Co. lifted its position in SPDR Portfolio S&P 500 Value ETF by 245.8% during the 4th quarter. Flputnam Investment Management Co. now owns 1,651,630 shares of the company’s stock worth $77,015,000 after acquiring an additional 1,174,068 shares in the last quarter. Finally, Private Client Services LLC acquired a new position in SPDR Portfolio S&P 500 Value ETF during the 4th quarter worth approximately $216,000.

SPDR Portfolio S&P 500 Value ETF Price Performance

SPDR Portfolio S&P 500 Value ETF stock traded down $0.24 during midday trading on Tuesday, hitting $47.40. 3,099,199 shares of the company were exchanged, compared to its average volume of 2,697,364. The company’s fifty day moving average price is $48.49 and its 200-day moving average price is $45.67. The company has a market cap of $20.31 billion, a PE ratio of 23.06 and a beta of 0.88. SPDR Portfolio S&P 500 Value ETF has a fifty-two week low of $39.51 and a fifty-two week high of $50.20.

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.