Envestnet Asset Management Inc. lessened its position in SPDR Portfolio S&P 500 Value ETF (NYSEARCA:SPYV – Free Report) by 13.3% during the third quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 3,626,452 shares of the company’s stock after selling 556,431 shares during the quarter. Envestnet Asset Management Inc.’s holdings in SPDR Portfolio S&P 500 Value ETF were worth $200,652,000 as of its most recent filing with the SEC.
Several other institutional investors have also recently bought and sold shares of the company. Allworth Financial LP raised its holdings in shares of SPDR Portfolio S&P 500 Value ETF by 2.6% in the second quarter. Allworth Financial LP now owns 16,630,130 shares of the company’s stock valued at $870,421,000 after purchasing an additional 422,591 shares during the last quarter. Valmark Advisers Inc. grew its position in SPDR Portfolio S&P 500 Value ETF by 2.9% in the third quarter. Valmark Advisers Inc. now owns 8,508,257 shares of the company’s stock valued at $470,762,000 after purchasing an additional 236,642 shares in the last quarter. JPMorgan Chase & Co. increased its stake in SPDR Portfolio S&P 500 Value ETF by 5.7% in the 2nd quarter. JPMorgan Chase & Co. now owns 7,191,638 shares of the company’s stock valued at $376,410,000 after buying an additional 390,643 shares during the last quarter. Bank of America Corp DE lifted its position in SPDR Portfolio S&P 500 Value ETF by 5.5% during the 2nd quarter. Bank of America Corp DE now owns 6,478,462 shares of the company’s stock worth $339,083,000 after buying an additional 337,506 shares in the last quarter. Finally, Raymond James Financial Inc. lifted its position in SPDR Portfolio S&P 500 Value ETF by 1.4% during the 2nd quarter. Raymond James Financial Inc. now owns 5,821,052 shares of the company’s stock worth $304,674,000 after buying an additional 80,477 shares in the last quarter.
SPDR Portfolio S&P 500 Value ETF Price Performance
SPDR Portfolio S&P 500 Value ETF stock opened at $58.64 on Friday. The company has a market cap of $32.68 billion, a price-to-earnings ratio of 20.50 and a beta of 0.89. The firm has a 50-day moving average of $57.54 and a 200-day moving average of $55.77. SPDR Portfolio S&P 500 Value ETF has a one year low of $44.39 and a one year high of $59.37.
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. The selection universe for the S&P 500 Index includes all United States common equities listed on the New York Stock Exchange, National Association of Securities Dealers Automated Quotation (NASDAQ) Global Select Market, NASDAQ Select Market and NASDAQ Capital Market with market capitalizations of $3.5 billion or more.
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