Howe & Rusling Inc. Takes $226,000 Position in SPDR Portfolio S&P 500 Value ETF (NYSEARCA:SPYV)

Howe & Rusling Inc. acquired a new position in SPDR Portfolio S&P 500 Value ETF (NYSEARCA:SPYV) in the 4th quarter, HoldingsChannel reports. The fund acquired 4,410 shares of the company’s stock, valued at approximately $226,000.

A number of other hedge funds and other institutional investors have also added to or reduced their stakes in the company. Park Place Capital Corp bought a new position in SPDR Portfolio S&P 500 Value ETF during the fourth quarter worth about $31,000. Legacy Investment Solutions LLC bought a new position in SPDR Portfolio S&P 500 Value ETF in the 3rd quarter worth approximately $37,000. Lindbrook Capital LLC grew its stake in SPDR Portfolio S&P 500 Value ETF by 224.8% in the 4th quarter. Lindbrook Capital LLC now owns 695 shares of the company’s stock valued at $36,000 after buying an additional 481 shares in the last quarter. Angeles Investment Advisors LLC bought a new stake in SPDR Portfolio S&P 500 Value ETF during the 4th quarter valued at $41,000. Finally, MassMutual Private Wealth & Trust FSB purchased a new stake in shares of SPDR Portfolio S&P 500 Value ETF during the fourth quarter worth $44,000.

SPDR Portfolio S&P 500 Value ETF Stock Performance

Shares of NYSEARCA SPYV opened at $51.39 on Friday. SPDR Portfolio S&P 500 Value ETF has a fifty-two week low of $47.22 and a fifty-two week high of $55.42. The stock has a market cap of $25.16 billion, a PE ratio of 21.43 and a beta of 0.93. The stock has a fifty day moving average of $52.07 and a 200-day moving average of $52.54.

SPDR Portfolio S&P 500 Value ETF Announces Dividend

The business also recently declared a dividend, which was paid on Wednesday, March 26th. Stockholders of record on Monday, March 24th were given a dividend of $0.1798 per share. The ex-dividend date of this dividend was Monday, March 24th.

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.