Axxcess Wealth Management LLC boosted its holdings in SPDR Portfolio S&P 500 Value ETF (NYSEARCA:SPYV – Free Report) by 275.1% during the 4th quarter, Holdings Channel.com reports. The fund owned 719,812 shares of the company’s stock after purchasing an additional 527,931 shares during the quarter. Axxcess Wealth Management LLC’s holdings in SPDR Portfolio S&P 500 Value ETF were worth $40,892,000 as of its most recent SEC filing.
Several other large investors have also added to or reduced their stakes in SPYV. Vantagepoint Investment Advisers LLC bought a new position in SPDR Portfolio S&P 500 Value ETF in the 3rd quarter valued at about $246,963,000. Allworth Financial LP lifted its position in SPDR Portfolio S&P 500 Value ETF by 16.1% in the 3rd quarter. Allworth Financial LP now owns 19,313,081 shares of the company’s stock valued at $1,068,593,000 after acquiring an additional 2,682,951 shares in the last quarter. Wellington Management Group LLP bought a new position in SPDR Portfolio S&P 500 Value ETF in the 3rd quarter valued at about $68,850,000. Corient Private Wealth LLC lifted its position in SPDR Portfolio S&P 500 Value ETF by 103.6% in the 2nd quarter. Corient Private Wealth LLC now owns 1,838,839 shares of the company’s stock valued at $96,245,000 after acquiring an additional 935,644 shares in the last quarter. Finally, Willis Johnson & Associates Inc. lifted its position in SPDR Portfolio S&P 500 Value ETF by 18.8% in the 3rd quarter. Willis Johnson & Associates Inc. now owns 5,218,947 shares of the company’s stock valued at $288,764,000 after acquiring an additional 826,017 shares in the last quarter.
SPDR Portfolio S&P 500 Value ETF Stock Performance
Shares of NYSEARCA SPYV opened at $60.59 on Friday. SPDR Portfolio S&P 500 Value ETF has a fifty-two week low of $49.68 and a fifty-two week high of $60.61. The stock has a market cap of $34.05 billion, a price-to-earnings ratio of 20.50 and a beta of 0.82. The firm’s 50-day simple moving average is $58.25 and its 200 day simple moving average is $57.80.
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. 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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