Envestnet Asset Management Inc. increased its stake in shares of SPDR Portfolio S&P 500 Value ETF (NYSEARCA:SPYV – Free Report) by 8.6% in the 1st quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 4,503,433 shares of the company’s stock after purchasing an additional 355,722 shares during the quarter. Envestnet Asset Management Inc.’s holdings in SPDR Portfolio S&P 500 Value ETF were worth $229,990,000 at the end of the most recent quarter.
Several other large investors also recently bought and sold shares of the stock. Financial Engines Advisors L.L.C. raised its stake in SPDR Portfolio S&P 500 Value ETF by 2.0% during the 4th quarter. Financial Engines Advisors L.L.C. now owns 78,214,398 shares of the company’s stock valued at $3,999,884,000 after acquiring an additional 1,528,406 shares during the last quarter. LPL Financial LLC grew its position in shares of SPDR Portfolio S&P 500 Value ETF by 5.8% in the fourth quarter. LPL Financial LLC now owns 41,404,616 shares of the company’s stock valued at $2,117,432,000 after purchasing an additional 2,253,997 shares during the last quarter. Demars Financial Group LLC raised its position in shares of SPDR Portfolio S&P 500 Value ETF by 7.7% during the 1st quarter. Demars Financial Group LLC now owns 17,380,190 shares of the company’s stock worth $887,606,000 after purchasing an additional 1,235,219 shares during the last quarter. Ameriprise Financial Inc. lifted its stake in SPDR Portfolio S&P 500 Value ETF by 10.6% in the 4th quarter. Ameriprise Financial Inc. now owns 8,030,623 shares of the company’s stock valued at $410,711,000 after buying an additional 767,901 shares in the last quarter. Finally, Valmark Advisers Inc. grew its holdings in SPDR Portfolio S&P 500 Value ETF by 3.6% during the 1st quarter. Valmark Advisers Inc. now owns 7,945,035 shares of the company’s stock valued at $405,753,000 after buying an additional 278,742 shares during the last quarter.
SPDR Portfolio S&P 500 Value ETF Trading Up 0.1%
NYSEARCA:SPYV opened at $52.88 on Wednesday. The firm has a market cap of $26.84 billion, a price-to-earnings ratio of 20.36 and a beta of 0.94. SPDR Portfolio S&P 500 Value ETF has a 12-month low of $44.39 and a 12-month high of $55.42. The company’s 50-day moving average is $51.11 and its two-hundred day moving average is $50.96.
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.
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