Founders Financial Securities LLC raised its stake in shares of SPDR Portfolio S&P 500 Value ETF (NYSEARCA:SPYV – Free Report) by 5.1% during the first quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 1,450,889 shares of the company’s stock after acquiring an additional 70,613 shares during the quarter. SPDR Portfolio S&P 500 Value ETF makes up 5.1% of Founders Financial Securities LLC’s portfolio, making the stock its 2nd biggest position. Founders Financial Securities LLC owned 0.26% of SPDR Portfolio S&P 500 Value ETF worth $84,384,000 as of its most recent filing with the Securities and Exchange Commission (SEC).
Several other hedge funds also recently added to or reduced their stakes in SPYV. Morgan Stanley grew its position in SPDR Portfolio S&P 500 Value ETF by 120.2% in the 4th quarter. Morgan Stanley now owns 19,747,812 shares of the company’s stock worth $1,121,873,000 after purchasing an additional 10,778,683 shares during the last quarter. Allworth Financial LP increased its stake in shares of SPDR Portfolio S&P 500 Value ETF by 16.1% in the third quarter. Allworth Financial LP now owns 19,313,081 shares of the company’s stock valued at $1,068,593,000 after purchasing an additional 2,682,951 shares during the period. Valpey Financial Services LLC raised its holdings in shares of SPDR Portfolio S&P 500 Value ETF by 5,865.0% during the fourth quarter. Valpey Financial Services LLC now owns 2,133,308 shares of the company’s stock valued at $121,193,000 after buying an additional 2,097,544 shares during the last quarter. Royal Bank of Canada raised its holdings in shares of SPDR Portfolio S&P 500 Value ETF by 38.5% during the fourth quarter. Royal Bank of Canada now owns 6,004,456 shares of the company’s stock valued at $341,112,000 after buying an additional 1,670,152 shares during the last quarter. Finally, Wellington Management Group LLP bought a new stake in shares of SPDR Portfolio S&P 500 Value ETF during the third quarter valued at approximately $68,850,000.
SPDR Portfolio S&P 500 Value ETF Stock Performance
Shares of NYSEARCA SPYV opened at $60.87 on Friday. SPDR Portfolio S&P 500 Value ETF has a 12-month low of $50.82 and a 12-month high of $61.87. The company has a market cap of $34.21 billion, a PE ratio of 20.50 and a beta of 0.82. The stock has a 50 day simple moving average of $60.07 and a 200-day simple moving average of $58.53.
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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