Level Four Advisory Services LLC Buys 17,946 Shares of SPDR Portfolio S&P 500 Value ETF $SPYV

Level Four Advisory Services LLC lifted its stake in SPDR Portfolio S&P 500 Value ETF (NYSEARCA:SPYV) by 115.1% in the third quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 33,534 shares of the company’s stock after purchasing an additional 17,946 shares during the period. Level Four Advisory Services LLC’s holdings in SPDR Portfolio S&P 500 Value ETF were worth $1,855,000 at the end of the most recent quarter.

Other institutional investors have also recently bought and sold shares of the company. Allworth Financial LP raised its position in shares of SPDR Portfolio S&P 500 Value ETF by 2.6% during the second quarter. Allworth Financial LP now owns 16,630,130 shares of the company’s stock worth $870,421,000 after acquiring an additional 422,591 shares during the last quarter. Valmark Advisers Inc. increased its position in SPDR Portfolio S&P 500 Value ETF by 2.9% in the third quarter. Valmark Advisers Inc. now owns 8,508,257 shares of the company’s stock worth $470,762,000 after purchasing an additional 236,642 shares during the period. JPMorgan Chase & Co. raised its holdings in SPDR Portfolio S&P 500 Value ETF by 3.7% during the 3rd quarter. JPMorgan Chase & Co. now owns 7,456,598 shares of the company’s stock worth $412,574,000 after purchasing an additional 264,960 shares during the last quarter. Bank of America Corp DE lifted its position in SPDR Portfolio S&P 500 Value ETF by 5.5% during the 2nd quarter. Bank of America Corp DE now owns 6,478,462 shares of the company’s stock valued at $339,083,000 after purchasing an additional 337,506 shares during the period. Finally, Raymond James Financial Inc. boosted its stake in shares of SPDR Portfolio S&P 500 Value ETF by 1.4% in the 2nd quarter. Raymond James Financial Inc. now owns 5,821,052 shares of the company’s stock valued at $304,674,000 after purchasing an additional 80,477 shares during the last quarter.

SPDR Portfolio S&P 500 Value ETF Price Performance

SPYV opened at $59.12 on Thursday. The firm has a 50 day simple moving average of $58.38 and a 200 day simple moving average of $56.57. SPDR Portfolio S&P 500 Value ETF has a fifty-two week low of $44.39 and a fifty-two week high of $59.75. The company has a market cap of $32.95 billion, a price-to-earnings ratio of 20.50 and a beta of 0.89.

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.