Financial Council LLC grew its stake in SPDR Portfolio S&P 500 Value ETF (NYSEARCA:SPYV – Free Report) by 2.4% during the 2nd quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 222,651 shares of the company’s stock after acquiring an additional 5,260 shares during the quarter. SPDR Portfolio S&P 500 Value ETF comprises approximately 5.6% of Financial Council LLC’s portfolio, making the stock its 4th biggest holding. Financial Council LLC’s holdings in SPDR Portfolio S&P 500 Value ETF were worth $11,654,000 as of its most recent filing with the Securities & Exchange Commission.
Several other institutional investors and hedge funds have also made changes to their positions in SPYV. Connecticut Wealth Management LLC purchased a new stake in shares of SPDR Portfolio S&P 500 Value ETF in the first quarter valued at $139,839,000. Wealth Enhancement Advisory Services LLC lifted its position in shares of SPDR Portfolio S&P 500 Value ETF by 172.5% in the first quarter. Wealth Enhancement Advisory Services LLC now owns 3,534,578 shares of the company’s stock valued at $180,511,000 after acquiring an additional 2,237,528 shares in the last quarter. JPMorgan Chase & Co. lifted its position in shares of SPDR Portfolio S&P 500 Value ETF by 25.0% in the first quarter. JPMorgan Chase & Co. now owns 6,800,995 shares of the company’s stock valued at $347,327,000 after acquiring an additional 1,360,243 shares in the last quarter. Demars Financial Group LLC lifted its position in shares of SPDR Portfolio S&P 500 Value ETF by 7.7% in the first quarter. Demars Financial Group LLC now owns 17,380,190 shares of the company’s stock valued at $887,606,000 after acquiring an additional 1,235,219 shares in the last quarter. Finally, Dynasty Wealth Management LLC lifted its position in shares of SPDR Portfolio S&P 500 Value ETF by 32.7% in the first quarter. Dynasty Wealth Management LLC now owns 4,394,135 shares of the company’s stock valued at $224,408,000 after acquiring an additional 1,083,736 shares in the last quarter.
SPDR Portfolio S&P 500 Value ETF Trading Up 0.4%
NYSEARCA SPYV opened at $55.70 on Friday. The business’s 50-day moving average price is $54.25 and its 200 day moving average price is $51.88. SPDR Portfolio S&P 500 Value ETF has a twelve month low of $44.39 and a twelve month high of $55.97. The company has a market capitalization of $29.90 billion, a PE ratio of 20.50 and a beta of 0.94.
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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