Tortoise Investment Management LLC Boosts Stock Holdings in SPDR Portfolio S&P 500 Value ETF (NYSEARCA:SPYV)

Tortoise Investment Management LLC grew its stake in shares of SPDR Portfolio S&P 500 Value ETF (NYSEARCA:SPYVFree Report) by 34.3% during the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 900 shares of the company’s stock after acquiring an additional 230 shares during the period. Tortoise Investment Management LLC’s holdings in SPDR Portfolio S&P 500 Value ETF were worth $42,000 at the end of the most recent reporting period.

Other institutional investors have also recently made changes to their positions in the company. Charles Schwab Investment Management Inc. bought a new position in shares of SPDR Portfolio S&P 500 Value ETF in the third quarter worth $17,971,000. Pathstone Family Office LLC increased its stake in SPDR Portfolio S&P 500 Value ETF by 142.3% in the third quarter. Pathstone Family Office LLC now owns 14,080 shares of the company’s stock valued at $581,000 after acquiring an additional 8,269 shares during the last quarter. Kestra Advisory Services LLC increased its stake in SPDR Portfolio S&P 500 Value ETF by 3.6% in the third quarter. Kestra Advisory Services LLC now owns 64,745 shares of the company’s stock valued at $2,671,000 after acquiring an additional 2,276 shares during the last quarter. FMR LLC increased its stake in SPDR Portfolio S&P 500 Value ETF by 1.2% in the third quarter. FMR LLC now owns 1,131,853 shares of the company’s stock valued at $46,700,000 after acquiring an additional 13,683 shares during the last quarter. Finally, Sargent Investment Group LLC increased its stake in SPDR Portfolio S&P 500 Value ETF by 2.6% in the third quarter. Sargent Investment Group LLC now owns 176,594 shares of the company’s stock valued at $7,286,000 after acquiring an additional 4,545 shares during the last quarter.

SPDR Portfolio S&P 500 Value ETF Price Performance

NYSEARCA SPYV traded down $0.18 during trading on Friday, hitting $48.61. 2,252,731 shares of the company’s stock traded hands, compared to its average volume of 2,487,249. The stock has a fifty day moving average of $48.81 and a two-hundred day moving average of $47.80. 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 market cap of $21.07 billion, a P/E ratio of 24.09 and a beta of 0.81.

SPDR Portfolio S&P 500 Value ETF Profile

(Free Report)

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.

Further Reading

Institutional Ownership by Quarter for SPDR Portfolio S&P 500 Value ETF (NYSEARCA:SPYV)

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