GGM Financials LLC Has $1.32 Million Stock Holdings in SPDR Portfolio S&P 500 Value ETF (NYSEARCA:SPYV)

GGM Financials LLC lifted its stake in shares of SPDR Portfolio S&P 500 Value ETF (NYSEARCA:SPYV) by 1.9% during the 4th quarter, HoldingsChannel.com reports. The firm owned 25,805 shares of the company’s stock after buying an additional 475 shares during the period. SPDR Portfolio S&P 500 Value ETF makes up 1.4% of GGM Financials LLC’s investment portfolio, making the stock its 14th biggest position. GGM Financials LLC’s holdings in SPDR Portfolio S&P 500 Value ETF were worth $1,320,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also bought and sold shares of the stock. CENTRAL TRUST Co increased its holdings in SPDR Portfolio S&P 500 Value ETF by 199.4% in the 3rd quarter. CENTRAL TRUST Co now owns 491 shares of the company’s stock valued at $26,000 after buying an additional 327 shares during the period. Park Place Capital Corp bought a new position in SPDR Portfolio S&P 500 Value ETF in the fourth quarter valued at approximately $31,000. ORG Wealth Partners LLC bought a new position in SPDR Portfolio S&P 500 Value ETF in the third quarter valued at approximately $33,000. Legacy Investment Solutions LLC acquired a new position in SPDR Portfolio S&P 500 Value ETF during the third quarter valued at approximately $37,000. Finally, MassMutual Private Wealth & Trust FSB bought a new stake in SPDR Portfolio S&P 500 Value ETF during the fourth quarter worth $44,000.

SPDR Portfolio S&P 500 Value ETF Stock Performance

Shares of SPYV stock opened at $52.11 on Monday. 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 stock’s fifty day moving average price is $52.29 and its two-hundred day moving average price is $52.33. The company has a market cap of $22.58 billion, a PE ratio of 24.09 and a beta of 0.81.

SPDR Portfolio S&P 500 Value ETF 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.