Buttonwood Financial Group LLC Makes New $4.73 Million Investment in SPDR Portfolio S&P 500 Value ETF (NYSEARCA:SPYV)

Buttonwood Financial Group LLC purchased a new position in SPDR Portfolio S&P 500 Value ETF (NYSEARCA:SPYV) in the first quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The firm purchased 100,489 shares of the company’s stock, valued at approximately $4,731,000. SPDR Portfolio S&P 500 Value ETF comprises approximately 2.8% of Buttonwood Financial Group LLC’s holdings, making the stock its 9th largest position.

A number of other hedge funds and other institutional investors have also made changes to their positions in the stock. Financial Engines Advisors L.L.C. raised its holdings in shares of 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 worth $3,999,884,000 after buying an additional 1,528,406 shares during the last quarter. LPL Financial LLC raised its holdings in shares of SPDR Portfolio S&P 500 Value ETF by 5.8% during the fourth 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 shares of SPDR Portfolio S&P 500 Value ETF by 0.3% during the fourth 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 raised its holdings in shares of SPDR Portfolio S&P 500 Value ETF by 5,184.5% during the fourth 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 last quarter. Finally, Ameriprise Financial Inc. raised its holdings in shares of SPDR Portfolio S&P 500 Value ETF by 10.6% during the fourth quarter. Ameriprise Financial Inc. now owns 8,030,623 shares of the company’s stock worth $410,711,000 after purchasing an additional 767,901 shares during the last quarter.

SPDR Portfolio S&P 500 Value ETF Price Performance

Shares of SPDR Portfolio S&P 500 Value ETF stock opened at $51.39 on Friday. The firm has a fifty day moving average price of $49.29 and a 200 day moving average price of $51.25. SPDR Portfolio S&P 500 Value ETF has a 1 year low of $44.39 and a 1 year high of $55.42. The stock has a market cap of $25.97 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.