SPDR Portfolio S&P 500 Value ETF $SPYV Shares Acquired by Farther Finance Advisors LLC

Farther Finance Advisors LLC increased its stake in SPDR Portfolio S&P 500 Value ETF (NYSEARCA:SPYV) by 4.6% in the second quarter, HoldingsChannel.com reports. The firm owned 191,510 shares of the company’s stock after acquiring an additional 8,341 shares during the quarter. Farther Finance Advisors LLC’s holdings in SPDR Portfolio S&P 500 Value ETF were worth $11,642,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also recently made changes to their positions in the stock. Financial Engines Advisors L.L.C. boosted its holdings in SPDR Portfolio S&P 500 Value ETF by 0.8% during the third quarter. Financial Engines Advisors L.L.C. now owns 81,729,362 shares of the company’s stock worth $4,522,086,000 after buying an additional 642,820 shares in the last quarter. Morgan Stanley grew its position 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 buying an additional 10,778,683 shares during the period. Allworth Financial LP increased its holdings in SPDR Portfolio S&P 500 Value ETF by 2.0% in the fourth quarter. Allworth Financial LP now owns 19,695,295 shares of the company’s stock valued at $1,118,890,000 after buying an additional 382,214 shares in the last quarter. Valmark Advisers Inc. increased its holdings in SPDR Portfolio S&P 500 Value ETF by 2.9% in the first quarter. Valmark Advisers Inc. now owns 8,996,058 shares of the company’s stock valued at $508,997,000 after buying an additional 255,913 shares in the last quarter. Finally, UBS Group AG lifted its position in shares of SPDR Portfolio S&P 500 Value ETF by 10.0% during the 3rd quarter. UBS Group AG now owns 7,272,363 shares of the company’s stock valued at $402,380,000 after acquiring an additional 662,367 shares during the period.

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

SPYV stock opened at $63.35 on Thursday. The firm has a 50 day moving average of $61.64 and a 200-day moving average of $59.74. The company has a market cap of $36.93 billion, a price-to-earnings ratio of 20.50 and a beta of 0.82. SPDR Portfolio S&P 500 Value ETF has a 12-month low of $53.75 and a 12-month high of $63.46.

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.