Salomon & Ludwin LLC boosted its position in SPDR Portfolio S&P 500 Value ETF (NYSEARCA:SPYV – Free Report) by 12.5% in the 2nd quarter, according to its most recent filing with the Securities and Exchange Commission. The fund owned 79,406 shares of the company’s stock after purchasing an additional 8,838 shares during the quarter. Salomon & Ludwin LLC’s holdings in SPDR Portfolio S&P 500 Value ETF were worth $4,205,000 as of its most recent filing with the Securities and Exchange Commission.
Several other institutional investors have also recently added to or reduced their stakes in SPYV. Connecticut Wealth Management LLC acquired a new position in SPDR Portfolio S&P 500 Value ETF in the 1st quarter valued at about $139,839,000. JPMorgan Chase & Co. increased its stake in shares of SPDR Portfolio S&P 500 Value ETF by 25.0% during the 1st 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 during the last quarter. Dynasty Wealth Management LLC increased its stake in shares of SPDR Portfolio S&P 500 Value ETF by 32.7% during the 1st 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 during the last quarter. Quotient Wealth Partners LLC increased its stake in shares of SPDR Portfolio S&P 500 Value ETF by 30.0% during the 1st quarter. Quotient Wealth Partners LLC now owns 4,219,443 shares of the company’s stock valued at $215,487,000 after acquiring an additional 973,797 shares during the last quarter. Finally, Ameriprise Financial Inc. increased its stake in shares of SPDR Portfolio S&P 500 Value ETF by 11.8% during the 1st quarter. Ameriprise Financial Inc. now owns 8,980,322 shares of the company’s stock valued at $458,755,000 after acquiring an additional 949,699 shares during the last quarter.
SPDR Portfolio S&P 500 Value ETF Price Performance
NYSEARCA SPYV opened at $55.23 on Friday. SPDR Portfolio S&P 500 Value ETF has a 12 month low of $44.39 and a 12 month high of $56.03. The company has a 50-day moving average of $54.71 and a 200-day moving average of $52.16. The company has a market cap of $29.66 billion, a P/E ratio of 20.50 and a beta of 0.94.
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.
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