Envestnet Portfolio Solutions Inc. Has $31.70 Million Position in SPDR Portfolio S&P 500 Value ETF $SPYV

Envestnet Portfolio Solutions Inc. reduced its stake in shares of SPDR Portfolio S&P 500 Value ETF (NYSEARCA:SPYVFree Report) by 23.7% in the 2nd quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The firm owned 605,651 shares of the company’s stock after selling 188,150 shares during the quarter. Envestnet Portfolio Solutions Inc.’s holdings in SPDR Portfolio S&P 500 Value ETF were worth $31,700,000 at the end of the most recent reporting period.

Several other institutional investors also recently modified their holdings of the stock. Financial Engines Advisors L.L.C. grew its position in shares of SPDR Portfolio S&P 500 Value ETF by 0.8% during the 1st quarter. Financial Engines Advisors L.L.C. now owns 78,809,775 shares of the company’s stock worth $4,024,815,000 after buying an additional 595,377 shares during the period. Demars Financial Group LLC grew its position in shares of SPDR Portfolio S&P 500 Value ETF by 7.7% in the 1st quarter. Demars Financial Group LLC now owns 17,380,190 shares of the company’s stock valued at $887,606,000 after purchasing an additional 1,235,219 shares during the period. Ameriprise Financial Inc. grew its position in shares of SPDR Portfolio S&P 500 Value ETF by 11.8% in the 1st quarter. Ameriprise Financial Inc. now owns 8,980,322 shares of the company’s stock valued at $458,755,000 after purchasing an additional 949,699 shares during the period. Valmark Advisers Inc. grew its position in shares of SPDR Portfolio S&P 500 Value ETF by 4.1% in the 2nd quarter. Valmark Advisers Inc. now owns 8,271,615 shares of the company’s stock valued at $432,936,000 after purchasing an additional 326,580 shares during the period. Finally, JPMorgan Chase & Co. grew its position in shares of SPDR Portfolio S&P 500 Value ETF by 25.0% in the 1st quarter. JPMorgan Chase & Co. now owns 6,800,995 shares of the company’s stock valued at $347,327,000 after purchasing an additional 1,360,243 shares during the period.

SPDR Portfolio S&P 500 Value ETF Stock Performance

Shares of SPYV opened at $54.27 on Monday. The stock has a 50 day simple moving average of $54.49 and a 200 day simple moving average of $52.03. SPDR Portfolio S&P 500 Value ETF has a 52-week low of $44.39 and a 52-week high of $56.03. The firm has a market capitalization of $29.16 billion, a PE ratio of 20.50 and a beta of 0.94.

SPDR Portfolio S&P 500 Value ETF Profile

(Free Report)

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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Institutional Ownership by Quarter for SPDR Portfolio S&P 500 Value ETF (NYSEARCA:SPYV)

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