CBM Financial LLC Makes New Investment in SPDR Portfolio S&P 500 Value ETF $SPYV

CBM Financial LLC acquired a new stake in shares of SPDR Portfolio S&P 500 Value ETF (NYSEARCA:SPYV) in the 4th quarter, Holdings Channel.com reports. The fund acquired 294,479 shares of the company’s stock, valued at approximately $17,433,000. SPDR Portfolio S&P 500 Value ETF accounts for about 11.8% of CBM Financial LLC’s portfolio, making the stock its 3rd largest position.

Other institutional investors have also recently made changes to their positions in the company. Asempa Wealth Advisors purchased a new stake in SPDR Portfolio S&P 500 Value ETF during the 4th quarter valued at $945,000. ERn Financial LLC boosted its stake in SPDR Portfolio S&P 500 Value ETF by 4.9% during the fourth quarter. ERn Financial LLC now owns 676,263 shares of the company’s stock worth $38,419,000 after buying an additional 31,736 shares during the period. CIBC Bancorp USA Inc. purchased a new position in SPDR Portfolio S&P 500 Value ETF during the third quarter worth $10,928,000. TIAA Trust National Association boosted its stake in SPDR Portfolio S&P 500 Value ETF by 13.3% during the third quarter. TIAA Trust National Association now owns 4,330,027 shares of the company’s stock worth $239,580,000 after buying an additional 506,795 shares during the period. Finally, Cobblestone Asset Management LLC increased its position in SPDR Portfolio S&P 500 Value ETF by 44.0% during the fourth quarter. Cobblestone Asset Management LLC now owns 243,084 shares of the company’s stock valued at $13,810,000 after acquiring an additional 74,268 shares during the last quarter.

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

SPYV stock opened at $60.87 on Friday. SPDR Portfolio S&P 500 Value ETF has a twelve month low of $50.82 and a twelve month high of $61.87. The stock has a market capitalization of $34.21 billion, a price-to-earnings ratio of 20.50 and a beta of 0.82. The firm’s fifty day simple moving average is $60.01 and its two-hundred day simple moving average is $58.51.

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.