Valmark Advisers Inc. Grows Holdings in SPDR Portfolio S&P 500 Value ETF $SPYV

Valmark Advisers Inc. lifted its stake in SPDR Portfolio S&P 500 Value ETF (NYSEARCA:SPYV) by 2.9% during the 1st quarter, according to its most recent disclosure with the SEC. The institutional investor owned 8,996,058 shares of the company’s stock after buying an additional 255,913 shares during the quarter. SPDR Portfolio S&P 500 Value ETF makes up about 6.0% of Valmark Advisers Inc.’s investment portfolio, making the stock its 2nd largest position. Valmark Advisers Inc. owned about 1.60% of SPDR Portfolio S&P 500 Value ETF worth $508,997,000 as of its most recent filing with the SEC.

Other hedge funds and other institutional investors have also recently modified their holdings of the company. Morgan Stanley grew its stake in SPDR Portfolio S&P 500 Value ETF by 120.2% during the fourth quarter. Morgan Stanley now owns 19,747,812 shares of the company’s stock valued at $1,121,873,000 after acquiring an additional 10,778,683 shares in the last quarter. Allworth Financial LP lifted its stake in SPDR Portfolio S&P 500 Value ETF by 16.1% in the 3rd quarter. Allworth Financial LP now owns 19,313,081 shares of the company’s stock worth $1,068,593,000 after purchasing an additional 2,682,951 shares in the last quarter. Valpey Financial Services LLC boosted its holdings in shares of SPDR Portfolio S&P 500 Value ETF by 5,865.0% during the 4th quarter. Valpey Financial Services LLC now owns 2,133,308 shares of the company’s stock valued at $121,193,000 after purchasing an additional 2,097,544 shares during the last quarter. Royal Bank of Canada boosted its holdings in shares of SPDR Portfolio S&P 500 Value ETF by 38.5% during the 4th quarter. Royal Bank of Canada now owns 6,004,456 shares of the company’s stock valued at $341,112,000 after purchasing an additional 1,670,152 shares during the last quarter. Finally, Wellington Management Group LLP purchased a new position in shares of SPDR Portfolio S&P 500 Value ETF during the third quarter valued at about $68,850,000.

SPDR Portfolio S&P 500 Value ETF Price Performance

Shares of SPDR Portfolio S&P 500 Value ETF stock traded up $0.13 during trading on Friday, reaching $61.73. 1,808,807 shares of the stock traded hands, compared to its average volume of 3,302,932. SPDR Portfolio S&P 500 Value ETF has a 52-week low of $51.97 and a 52-week high of $62.19. The business has a fifty day simple moving average of $60.80 and a two-hundred day simple moving average of $58.97. The company has a market capitalization of $35.90 billion, a price-to-earnings ratio of 20.50 and a beta of 0.82.

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.