JDM Financial Group LLC Has $3.39 Million Position in SPDR Portfolio S&P 500 Value ETF (NYSEARCA:SPYV)

JDM Financial Group LLC raised its stake in SPDR Portfolio S&P 500 Value ETF (NYSEARCA:SPYV) by 4.6% during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission. The fund owned 66,211 shares of the company’s stock after buying an additional 2,895 shares during the period. SPDR Portfolio S&P 500 Value ETF comprises about 1.8% of JDM Financial Group LLC’s portfolio, making the stock its 14th biggest position. JDM Financial Group LLC’s holdings in SPDR Portfolio S&P 500 Value ETF were worth $3,386,000 as of its most recent filing with the Securities and Exchange Commission.

Other institutional investors and hedge funds also recently made changes to their positions in the company. Financial Engines Advisors L.L.C. boosted its holdings in SPDR Portfolio S&P 500 Value ETF by 2.0% in the fourth quarter. Financial Engines Advisors L.L.C. now owns 78,214,398 shares of the company’s stock valued at $3,999,884,000 after acquiring an additional 1,528,406 shares during the last quarter. LPL Financial LLC raised its holdings in SPDR Portfolio S&P 500 Value ETF by 5.8% during the 4th quarter. LPL Financial LLC now owns 41,404,616 shares of the company’s stock worth $2,117,432,000 after purchasing an additional 2,253,997 shares during the last quarter. Allworth Financial LP raised its holdings in SPDR Portfolio S&P 500 Value ETF by 0.3% during the 4th quarter. Allworth Financial LP now owns 20,370,433 shares of the company’s stock worth $1,065,781,000 after purchasing an additional 69,747 shares during the last quarter. Demars Financial Group LLC lifted its position in shares of SPDR Portfolio S&P 500 Value ETF by 5,184.5% in the 4th quarter. Demars Financial Group LLC now owns 16,144,971 shares of the company’s stock worth $825,654,000 after purchasing an additional 15,839,453 shares during the period. Finally, Ameriprise Financial Inc. boosted its stake in shares of SPDR Portfolio S&P 500 Value ETF by 10.6% in the 4th quarter. Ameriprise Financial Inc. now owns 8,030,623 shares of the company’s stock valued at $410,711,000 after purchasing an additional 767,901 shares during the last quarter.

SPDR Portfolio S&P 500 Value ETF Stock Down 0.2%

SPYV opened at $51.38 on Wednesday. SPDR Portfolio S&P 500 Value ETF has a twelve month low of $44.39 and a twelve month high of $55.42. The company has a fifty day moving average of $49.41 and a 200-day moving average of $51.51. The stock has a market cap of $25.86 billion, a PE ratio of 21.00 and a beta of 0.89.

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.