The Manufacturers Life Insurance Company bought a new stake in shares of SPDR Portfolio S&P 500 Value ETF (NYSEARCA:SPYV – Free Report) in the 1st quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor bought 330,844 shares of the company’s stock, valued at approximately $18,719,000. The Manufacturers Life Insurance Company owned about 0.06% of SPDR Portfolio S&P 500 Value ETF at the end of the most recent reporting period.
Several other hedge funds have also modified their holdings of the stock. Key Capital Management INC purchased a new stake in SPDR Portfolio S&P 500 Value ETF during the fourth quarter valued at about $25,000. Thurston Springer Miller Herd & Titak Inc. acquired a new stake in shares of SPDR Portfolio S&P 500 Value ETF during the 4th quarter valued at $26,000. Meramec Financial Planners LLC purchased a new position in SPDR Portfolio S&P 500 Value ETF in the first quarter valued at about $28,000. Signature Equity Partners LLC grew its stake in shares of SPDR Portfolio S&P 500 Value ETF by 163.2% in the 1st quarter. Signature Equity Partners LLC now owns 500 shares of the company’s stock valued at $28,000 after buying an additional 310 shares in the last quarter. Finally, Advisortrust Partners LLC bought a new stake in SPDR Portfolio S&P 500 Value ETF in the first quarter worth approximately $29,000.
SPDR Portfolio S&P 500 Value ETF Price Performance
SPDR Portfolio S&P 500 Value ETF stock opened at $62.06 on Friday. The company has a market capitalization of $36.18 billion, a price-to-earnings ratio of 20.50 and a beta of 0.82. The company’s fifty day moving average price is $61.31 and its two-hundred day moving average price is $59.45. SPDR Portfolio S&P 500 Value ETF has a one year low of $51.97 and a one year high of $62.91.
SPDR Portfolio S&P 500 Value ETF 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.
Recommended Stories
- Five stocks we like better than SPDR Portfolio S&P 500 Value ETF
- Popular’s Earnings Beat Shows Why This Bank Stock Keeps Climbing
- ABB’s Rotork Deal Could Put These Flow Control Stocks Back in Focus
- GE HealthCare Stock Climbs on Vital Diagnostics Demand
- Lost in Space: Why Aerospace Valuations Are Plummeting Right Now
Receive News & Ratings for SPDR Portfolio S&P 500 Value ETF Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for SPDR Portfolio S&P 500 Value ETF and related companies with MarketBeat.com's FREE daily email newsletter.
