Braun Bostich & Associates Inc. Buys 29,804 Shares of SPDR Portfolio S&P 500 Value ETF (NYSEARCA:SPYV)

Braun Bostich & Associates Inc. raised its stake in shares of SPDR Portfolio S&P 500 Value ETF (NYSEARCA:SPYV) by 57.5% in the first quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm owned 81,619 shares of the company’s stock after buying an additional 29,804 shares during the period. SPDR Portfolio S&P 500 Value ETF comprises about 3.1% of Braun Bostich & Associates Inc.’s investment portfolio, making the stock its 8th biggest holding. Braun Bostich & Associates Inc.’s holdings in SPDR Portfolio S&P 500 Value ETF were worth $4,168,000 as of its most recent filing with the Securities & Exchange Commission.

Several other hedge funds also recently bought and sold shares of SPYV. Wood Tarver Financial Group LLC bought a new stake in shares of SPDR Portfolio S&P 500 Value ETF in the 4th quarter valued at approximately $35,000. Lindbrook Capital LLC grew its position in SPDR Portfolio S&P 500 Value ETF by 224.8% in the fourth quarter. Lindbrook Capital LLC now owns 695 shares of the company’s stock worth $36,000 after acquiring an additional 481 shares in the last quarter. Deutsche Bank AG grew its position in SPDR Portfolio S&P 500 Value ETF by 81.3% in the fourth quarter. Deutsche Bank AG now owns 725 shares of the company’s stock worth $37,000 after acquiring an additional 325 shares in the last quarter. Angeles Investment Advisors LLC acquired a new position in shares of SPDR Portfolio S&P 500 Value ETF during the 4th quarter worth $41,000. Finally, Global Wealth Strategies & Associates bought a new position in shares of SPDR Portfolio S&P 500 Value ETF during the 1st quarter valued at $51,000.

SPDR Portfolio S&P 500 Value ETF Trading Down 0.3%

SPYV stock opened at $51.58 on Thursday. The firm has a market cap of $26.07 billion, a PE ratio of 21.00 and a beta of 0.89. SPDR Portfolio S&P 500 Value ETF has a 1 year low of $44.39 and a 1 year high of $55.42. The company has a fifty day simple moving average of $49.45 and a 200 day simple moving average of $51.21.

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.