Colton Groome Financial Advisors LLC Boosts Stake in SPDR Portfolio S&P 500 Value ETF (NYSEARCA:SPYV)

Colton Groome Financial Advisors LLC grew its stake in SPDR Portfolio S&P 500 Value ETF (NYSEARCA:SPYV) by 8.7% during the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The firm owned 65,284 shares of the company’s stock after acquiring an additional 5,230 shares during the quarter. SPDR Portfolio S&P 500 Value ETF comprises about 1.3% of Colton Groome Financial Advisors LLC’s portfolio, making the stock its 18th biggest position. Colton Groome Financial Advisors LLC’s holdings in SPDR Portfolio S&P 500 Value ETF were worth $3,339,000 as of its most recent filing with the Securities and Exchange Commission.

Other hedge funds have also recently made changes to their positions in the company. LPL Financial LLC grew its position in shares of SPDR Portfolio S&P 500 Value ETF by 8.8% in the 3rd quarter. LPL Financial LLC now owns 39,150,619 shares of the company’s stock worth $2,069,502,000 after buying an additional 3,176,679 shares during the last quarter. Allworth Financial LP lifted its holdings in shares of SPDR Portfolio S&P 500 Value ETF by 2.3% during the 3rd quarter. Allworth Financial LP now owns 20,300,686 shares of the company’s stock valued at $1,073,094,000 after purchasing an additional 461,035 shares during the last quarter. Valmark Advisers Inc. increased its position in SPDR Portfolio S&P 500 Value ETF by 1.9% during the 3rd quarter. Valmark Advisers Inc. now owns 7,491,869 shares of the company’s stock valued at $396,020,000 after buying an additional 140,498 shares in the last quarter. JPMorgan Chase & Co. raised its stake in SPDR Portfolio S&P 500 Value ETF by 5.4% in the third quarter. JPMorgan Chase & Co. now owns 5,569,723 shares of the company’s stock valued at $294,416,000 after buying an additional 286,795 shares during the last quarter. Finally, CWM LLC boosted its holdings in SPDR Portfolio S&P 500 Value ETF by 5.1% in the third quarter. CWM LLC now owns 4,351,050 shares of the company’s stock worth $229,997,000 after acquiring an additional 211,529 shares in the last quarter.

SPDR Portfolio S&P 500 Value ETF Trading Down 0.1 %

NYSEARCA:SPYV opened at $52.88 on Thursday. The firm has a fifty day simple moving average of $52.64 and a 200-day simple moving average of $52.22. SPDR Portfolio S&P 500 Value ETF has a 12 month low of $46.42 and a 12 month high of $55.42. The company has a market capitalization of $22.92 billion, a P/E ratio of 24.09 and a beta of 0.81.

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.