Potentia Wealth Purchases New Stake in SPDR Portfolio S&P 500 Value ETF (NYSEARCA:SPYV)

Potentia Wealth purchased a new position in shares of SPDR Portfolio S&P 500 Value ETF (NYSEARCA:SPYV) during the fourth quarter, Holdings Channel reports. The institutional investor purchased 379,955 shares of the company’s stock, valued at approximately $19,431,000. SPDR Portfolio S&P 500 Value ETF comprises 8.6% of Potentia Wealth’s holdings, making the stock its 2nd biggest holding.

A number of other large investors have also bought and sold shares of SPYV. First National Bank of Omaha increased its position in shares of SPDR Portfolio S&P 500 Value ETF by 1.4% in the third quarter. First National Bank of Omaha now owns 13,456 shares of the company’s stock worth $711,000 after purchasing an additional 187 shares during the last quarter. KM Capital Management Ltd. increased its stake in shares of SPDR Portfolio S&P 500 Value ETF by 3.9% in the 4th quarter. KM Capital Management Ltd. now owns 5,068 shares of the company’s stock worth $259,000 after acquiring an additional 192 shares in the last quarter. Mcdonald Partners LLC grew its stake in shares of SPDR Portfolio S&P 500 Value ETF by 1.7% in the fourth quarter. Mcdonald Partners LLC now owns 12,733 shares of the company’s stock worth $651,000 after acquiring an additional 208 shares during the last quarter. WealthPlan Investment Management LLC increased its position in shares of SPDR Portfolio S&P 500 Value ETF by 3.8% during the fourth quarter. WealthPlan Investment Management LLC now owns 5,897 shares of the company’s stock valued at $302,000 after acquiring an additional 217 shares in the last quarter. Finally, Waldron Private Wealth LLC lifted its stake in SPDR Portfolio S&P 500 Value ETF by 1.3% during the 4th quarter. Waldron Private Wealth LLC now owns 17,922 shares of the company’s stock valued at $917,000 after acquiring an additional 229 shares during the period.

SPDR Portfolio S&P 500 Value ETF Trading Up 0.8 %

Shares of NYSEARCA SPYV opened at $51.43 on Tuesday. The firm has a 50 day moving average of $52.07 and a 200 day moving average of $52.56. SPDR Portfolio S&P 500 Value ETF has a 12-month low of $47.22 and a 12-month high of $55.42. The firm has a market capitalization of $25.18 billion, a price-to-earnings ratio of 21.43 and a beta of 0.93.

SPDR Portfolio S&P 500 Value ETF Announces Dividend

The business also recently declared a dividend, which will be paid on Wednesday, March 26th. Investors of record on Monday, March 24th will be given a $0.1798 dividend. The ex-dividend date of this dividend is Monday, March 24th.

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.