Wealth Management Resources Inc. purchased a new stake in shares of SPDR Portfolio S&P 500 Value ETF (NYSEARCA:SPYV – Free Report) in the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission. The fund purchased 25,311 shares of the company’s stock, valued at approximately $1,547,000. SPDR Portfolio S&P 500 Value ETF comprises approximately 0.5% of Wealth Management Resources Inc.’s holdings, making the stock its 21st biggest position.
Other large investors have also made changes to their positions in the company. Valmark Advisers Inc. grew its stake in shares of SPDR Portfolio S&P 500 Value ETF by 2.9% in the 1st quarter. Valmark Advisers Inc. now owns 8,996,058 shares of the company’s stock valued at $508,997,000 after buying an additional 255,913 shares in the last quarter. The Manufacturers Life Insurance Company raised its position in SPDR Portfolio S&P 500 Value ETF by 1,807.9% during the second quarter. The Manufacturers Life Insurance Company now owns 6,312,030 shares of the company’s stock valued at $383,708,000 after acquiring an additional 5,981,186 shares in the last quarter. NorthRock Partners LLC raised its position in SPDR Portfolio S&P 500 Value ETF by 6.6% during the second quarter. NorthRock Partners LLC now owns 4,889,672 shares of the company’s stock valued at $297,243,000 after acquiring an additional 303,367 shares in the last quarter. Cetera Investment Advisers raised its position in SPDR Portfolio S&P 500 Value ETF by 5.8% during the first quarter. Cetera Investment Advisers now owns 4,205,952 shares of the company’s stock valued at $237,973,000 after acquiring an additional 230,152 shares in the last quarter. Finally, Diversify Advisory Services LLC lifted its stake in SPDR Portfolio S&P 500 Value ETF by 9.0% in the third quarter. Diversify Advisory Services LLC now owns 3,073,276 shares of the company’s stock valued at $193,985,000 after acquiring an additional 254,409 shares during the last quarter.
SPDR Portfolio S&P 500 Value ETF Stock Up 0.9%
NYSEARCA SPYV opened at $63.55 on Wednesday. The stock has a market capitalization of $38.09 billion, a PE ratio of 20.50 and a beta of 0.82. SPDR Portfolio S&P 500 Value ETF has a 12-month low of $54.44 and a 12-month high of $64.26. The company has a 50 day moving average price of $62.80 and a two-hundred day moving average price of $61.38.
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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