SPDR Portfolio S&P 500 Value ETF $SPYV is Collaborative Wealth Managment Inc.’s 9th Largest Position

Collaborative Wealth Managment Inc. lessened its position in SPDR Portfolio S&P 500 Value ETF (NYSEARCA:SPYV) by 44.9% in the 1st quarter, according to its most recent filing with the SEC. The firm owned 105,937 shares of the company’s stock after selling 86,293 shares during the period. SPDR Portfolio S&P 500 Value ETF makes up 2.8% of Collaborative Wealth Managment Inc.’s investment portfolio, making the stock its 9th largest holding. Collaborative Wealth Managment Inc.’s holdings in SPDR Portfolio S&P 500 Value ETF were worth $5,994,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors have also made changes to their positions in SPYV. Morgan Stanley raised its holdings 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 worth $1,121,873,000 after purchasing an additional 10,778,683 shares in the last quarter. Allworth Financial LP lifted its position in SPDR Portfolio S&P 500 Value ETF by 16.1% in the third quarter. Allworth Financial LP now owns 19,313,081 shares of the company’s stock valued at $1,068,593,000 after purchasing an additional 2,682,951 shares during the period. Valpey Financial Services LLC boosted its holdings in SPDR Portfolio S&P 500 Value ETF by 5,865.0% in 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 in the last quarter. Royal Bank of Canada boosted its holdings in SPDR Portfolio S&P 500 Value ETF by 38.5% in 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 in the last quarter. Finally, Wellington Management Group LLP acquired a new position in SPDR Portfolio S&P 500 Value ETF during the 3rd quarter worth approximately $68,850,000.

SPDR Portfolio S&P 500 Value ETF Trading Up 0.2%

NYSEARCA SPYV opened at $61.69 on Thursday. The stock has a market capitalization of $35.89 billion, a price-to-earnings ratio of 20.50 and a beta of 0.82. The business’s 50 day moving average is $60.90 and its two-hundred day moving average is $59.08. SPDR Portfolio S&P 500 Value ETF has a 12-month low of $51.97 and a 12-month high of $62.19.

SPDR Portfolio S&P 500 Value ETF Company 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.