Cobblestone Asset Management LLC Invests $5.24 Million in SPDR Portfolio S&P 500 Value ETF (NYSEARCA:SPYV)

Cobblestone Asset Management LLC bought a new stake in SPDR Portfolio S&P 500 Value ETF (NYSEARCA:SPYVFree Report) in the first quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm bought 104,639 shares of the company’s stock, valued at approximately $5,242,000. SPDR Portfolio S&P 500 Value ETF makes up about 3.6% of Cobblestone Asset Management LLC’s investment portfolio, making the stock its 9th biggest holding.

Other large investors also recently bought and sold shares of the company. BKM Wealth Management LLC purchased a new stake in shares of SPDR Portfolio S&P 500 Value ETF during the 4th quarter valued at about $26,000. McGlone Suttner Wealth Management Inc. bought a new stake in shares of SPDR Portfolio S&P 500 Value ETF in the 4th quarter valued at approximately $28,000. EdgeRock Capital LLC purchased a new position in shares of SPDR Portfolio S&P 500 Value ETF in the 4th quarter worth approximately $29,000. Sunbelt Securities Inc. boosted its holdings in shares of SPDR Portfolio S&P 500 Value ETF by 165.5% in the 3rd quarter. Sunbelt Securities Inc. now owns 855 shares of the company’s stock worth $35,000 after purchasing an additional 533 shares during the period. Finally, Salem Investment Counselors Inc. purchased a new stake in SPDR Portfolio S&P 500 Value ETF during the 1st quarter valued at $35,000.

SPDR Portfolio S&P 500 Value ETF Stock Performance

SPYV stock traded down $0.29 during mid-day trading on Monday, reaching $48.45. 1,839,620 shares of the stock traded hands, compared to its average volume of 2,445,174. SPDR Portfolio S&P 500 Value ETF has a one year low of $39.51 and a one year high of $50.20. The stock has a market capitalization of $21.00 billion, a PE ratio of 24.09 and a beta of 0.81. The business has a 50-day moving average price of $48.98 and a two-hundred day moving average price of $48.12.

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

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

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