Grimes & Company Inc. Raises Stake in SPDR Portfolio S&P 500 Value ETF (NYSEARCA:SPYV)

Grimes & Company Inc. boosted its position in SPDR Portfolio S&P 500 Value ETF (NYSEARCA:SPYV) by 56.6% in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 12,183 shares of the company’s stock after buying an additional 4,403 shares during the quarter. Grimes & Company Inc.’s holdings in SPDR Portfolio S&P 500 Value ETF were worth $623,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other hedge funds and other institutional investors have also bought and sold shares of the company. CENTRAL TRUST Co boosted its stake in shares of SPDR Portfolio S&P 500 Value ETF by 199.4% during the third quarter. CENTRAL TRUST Co now owns 491 shares of the company’s stock valued at $26,000 after purchasing an additional 327 shares during the period. Park Place Capital Corp purchased a new stake in shares of SPDR Portfolio S&P 500 Value ETF during the fourth quarter valued at approximately $31,000. ORG Wealth Partners LLC purchased a new stake in shares of SPDR Portfolio S&P 500 Value ETF during the third quarter valued at approximately $33,000. Legacy Investment Solutions LLC purchased a new stake in shares of SPDR Portfolio S&P 500 Value ETF during the third quarter valued at approximately $37,000. Finally, MassMutual Private Wealth & Trust FSB purchased a new stake in shares of SPDR Portfolio S&P 500 Value ETF during the fourth quarter valued at approximately $44,000.

SPDR Portfolio S&P 500 Value ETF Stock Performance

NYSEARCA:SPYV opened at $52.56 on Friday. The firm has a market cap of $22.78 billion, a PE ratio of 24.09 and a beta of 0.81. SPDR Portfolio S&P 500 Value ETF has a fifty-two week low of $46.42 and a fifty-two week high of $55.42. The business has a 50 day moving average price of $52.67 and a 200-day moving average price of $52.15.

SPDR Portfolio S&P 500 Value ETF Company 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.