Vance Wealth Inc. Has $3.57 Million Holdings in SPDR Portfolio S&P 500 Value ETF (NYSEARCA:SPYV)

Vance Wealth Inc. raised its holdings in SPDR Portfolio S&P 500 Value ETF (NYSEARCA:SPYV) by 12.5% during the 4th quarter, according to the company in its most recent disclosure with the SEC. The firm owned 76,478 shares of the company’s stock after buying an additional 8,510 shares during the quarter. SPDR Portfolio S&P 500 Value ETF accounts for 1.5% of Vance Wealth Inc.’s investment portfolio, making the stock its 16th largest holding. Vance Wealth Inc.’s holdings in SPDR Portfolio S&P 500 Value ETF were worth $3,566,000 as of its most recent SEC filing.

Several other institutional investors have also recently added to or reduced their stakes in SPYV. Golden State Equity Partners bought a new position in SPDR Portfolio S&P 500 Value ETF in the 4th quarter valued at $214,000. IAG Wealth Partners LLC grew its stake in SPDR Portfolio S&P 500 Value ETF by 13.9% in the 4th quarter. IAG Wealth Partners LLC now owns 87,542 shares of the company’s stock valued at $4,082,000 after purchasing an additional 10,692 shares during the period. Truist Financial Corp grew its stake in SPDR Portfolio S&P 500 Value ETF by 15.8% in the 4th quarter. Truist Financial Corp now owns 252,902 shares of the company’s stock valued at $11,793,000 after purchasing an additional 34,440 shares during the period. Kovack Advisors Inc. grew its stake in SPDR Portfolio S&P 500 Value ETF by 11.6% in the 4th quarter. Kovack Advisors Inc. now owns 6,784 shares of the company’s stock valued at $316,000 after purchasing an additional 705 shares during the period. Finally, McClarren Financial Advisors Inc. bought a new position in SPDR Portfolio S&P 500 Value ETF in the 4th quarter valued at $54,000.

SPDR Portfolio S&P 500 Value ETF Stock Performance

NYSEARCA:SPYV traded down $0.11 during trading on Friday, reaching $48.31. The company’s stock had a trading volume of 1,572,295 shares, compared to its average volume of 2,650,943. SPDR Portfolio S&P 500 Value ETF has a 12 month low of $39.51 and a 12 month high of $50.20. The firm has a 50 day moving average of $48.64 and a 200-day moving average of $46.08. The firm has a market cap of $20.70 billion, a price-to-earnings ratio of 23.06 and a beta of 0.88.

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.