Northwestern Mutual Wealth Management Co. Buys 282,999 Shares of SPDR Portfolio S&P 500 Value ETF $SPYV

Northwestern Mutual Wealth Management Co. raised its stake in shares of SPDR Portfolio S&P 500 Value ETF (NYSEARCA:SPYV) by 18.5% during the 2nd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 1,813,974 shares of the company’s stock after acquiring an additional 282,999 shares during the period. Northwestern Mutual Wealth Management Co. owned about 0.35% of SPDR Portfolio S&P 500 Value ETF worth $94,943,000 as of its most recent SEC filing.

Several other institutional investors have also recently made changes to their positions in SPYV. AE Wealth Management LLC increased its position in shares of SPDR Portfolio S&P 500 Value ETF by 22.6% during the second quarter. AE Wealth Management LLC now owns 2,608,841 shares of the company’s stock valued at $136,547,000 after acquiring an additional 480,559 shares during the last quarter. Bensler LLC grew its stake in SPDR Portfolio S&P 500 Value ETF by 6.0% in the 2nd quarter. Bensler LLC now owns 133,986 shares of the company’s stock valued at $7,013,000 after purchasing an additional 7,621 shares during the period. 1ST Source Bank increased its position in shares of SPDR Portfolio S&P 500 Value ETF by 3.6% during the 2nd quarter. 1ST Source Bank now owns 47,608 shares of the company’s stock valued at $2,492,000 after purchasing an additional 1,644 shares during the last quarter. Kingsview Wealth Management LLC raised its stake in shares of SPDR Portfolio S&P 500 Value ETF by 0.5% during the 2nd quarter. Kingsview Wealth Management LLC now owns 260,687 shares of the company’s stock worth $13,644,000 after purchasing an additional 1,178 shares during the period. Finally, Flow Traders U.S. LLC purchased a new position in shares of SPDR Portfolio S&P 500 Value ETF in the 1st quarter worth about $386,000.

SPDR Portfolio S&P 500 Value ETF Stock Performance

SPYV opened at $56.88 on Friday. SPDR Portfolio S&P 500 Value ETF has a fifty-two week low of $44.39 and a fifty-two week high of $56.96. The firm has a 50-day moving average of $55.66 and a 200 day moving average of $53.77. The firm has a market cap of $30.74 billion, a P/E ratio of 20.50 and a beta of 0.89.

SPDR Portfolio S&P 500 Value ETF Company 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.