Envestnet Portfolio Solutions Inc. Raises Position in SPDR Portfolio S&P 500 Value ETF (NYSEARCA:SPYV)

Envestnet Portfolio Solutions Inc. boosted its position in SPDR Portfolio S&P 500 Value ETF (NYSEARCA:SPYV) by 2.4% during the 1st quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund owned 793,801 shares of the company’s stock after purchasing an additional 18,249 shares during the period. Envestnet Portfolio Solutions Inc. owned about 0.16% of SPDR Portfolio S&P 500 Value ETF worth $40,340,000 as of its most recent SEC filing.

Several other institutional investors have also bought and sold shares of SPYV. Ironwood Wealth Management LLC. grew its stake in shares of SPDR Portfolio S&P 500 Value ETF by 62.1% during the 4th quarter. Ironwood Wealth Management LLC. now owns 15,312 shares of the company’s stock worth $783,000 after acquiring an additional 5,865 shares during the period. Strategic Financial Concepts LLC lifted its holdings in SPDR Portfolio S&P 500 Value ETF by 40.1% during the fourth quarter. Strategic Financial Concepts LLC now owns 24,882 shares of the company’s stock valued at $1,272,000 after purchasing an additional 7,119 shares during the last quarter. Truist Financial Corp lifted its holdings in SPDR Portfolio S&P 500 Value ETF by 8.9% during the fourth quarter. Truist Financial Corp now owns 364,151 shares of the company’s stock valued at $18,623,000 after purchasing an additional 29,850 shares during the last quarter. Kestra Investment Management LLC purchased a new stake in SPDR Portfolio S&P 500 Value ETF during the fourth quarter valued at about $315,000. Finally, SilverOak Wealth Management LLC boosted its position in SPDR Portfolio S&P 500 Value ETF by 10.7% during the fourth quarter. SilverOak Wealth Management LLC now owns 348,660 shares of the company’s stock worth $17,830,000 after purchasing an additional 33,684 shares during the period.

SPDR Portfolio S&P 500 Value ETF Stock Up 0.1%

NYSEARCA SPYV opened at $51.16 on Thursday. The company’s 50 day moving average is $49.92 and its 200-day moving average is $51.08. SPDR Portfolio S&P 500 Value ETF has a 12-month low of $44.39 and a 12-month high of $55.42. The firm has a market cap of $25.86 billion, a P/E ratio of 21.00 and a beta of 0.89.

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.