Altium Wealth Management LLC Has $26.28 Million Holdings in SPDR Portfolio S&P 500 Value ETF (NYSEARCA:SPYV)

Altium Wealth Management LLC lifted its stake in SPDR Portfolio S&P 500 Value ETF (NYSEARCA:SPYV) by 4.8% in the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm owned 752,728 shares of the company’s stock after buying an additional 34,445 shares during the period. SPDR Portfolio S&P 500 Value ETF makes up approximately 3.1% of Altium Wealth Management LLC’s investment portfolio, making the stock its 9th biggest position. Altium Wealth Management LLC owned about 0.60% of SPDR Portfolio S&P 500 Value ETF worth $26,278,000 as of its most recent SEC filing.

Several other hedge funds also recently modified their holdings of SPYV. Vectors Research Management LLC bought a new stake in SPDR Portfolio S&P 500 Value ETF during the third quarter worth $50,000. Family Management Corp bought a new stake in SPDR Portfolio S&P 500 Value ETF during the second quarter worth $57,000. Independence Bank of Kentucky bought a new stake in SPDR Portfolio S&P 500 Value ETF during the third quarter worth $57,000. Belmont Capital LLC bought a new stake in SPDR Portfolio S&P 500 Value ETF during the fourth quarter worth $57,000. Finally, Financial Gravity Wealth Inc. lifted its stake in SPDR Portfolio S&P 500 Value ETF by 314.1% during the third quarter. Financial Gravity Wealth Inc. now owns 2,079 shares of the company’s stock worth $66,000 after purchasing an additional 1,577 shares during the last quarter.

NYSEARCA SPYV traded up $0.06 on Friday, hitting $35.36. 3,311 shares of the company’s stock were exchanged, compared to its average volume of 3,380,720. The stock has a 50-day moving average of $34.64 and a 200-day moving average of $32.65. SPDR Portfolio S&P 500 Value ETF has a 52 week low of $28.29 and a 52 week high of $35.31.

The firm also recently announced a quarterly dividend, which was paid on Friday, December 27th. Shareholders of record on Tuesday, December 24th were paid a dividend of $0.2121 per share. The ex-dividend date was Monday, December 23rd. This is a boost from SPDR Portfolio S&P 500 Value ETF’s previous quarterly dividend of $0.18. This represents a $0.85 annualized dividend and a yield of 2.40%.

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.

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Institutional Ownership by Quarter for SPDR Portfolio S&P 500 Value ETF (NYSEARCA:SPYV)

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