Navigation Group LLC Takes Position in SPDR Portfolio S&P 500 Value ETF $SPYV

Navigation Group LLC purchased a new stake in SPDR Portfolio S&P 500 Value ETF (NYSEARCA:SPYV) in the first quarter, according to the company in its most recent disclosure with the SEC. The firm purchased 544,619 shares of the company’s stock, valued at approximately $30,815,000. SPDR Portfolio S&P 500 Value ETF comprises about 7.2% of Navigation Group LLC’s portfolio, making the stock its 3rd largest holding. Navigation Group LLC owned 0.10% of SPDR Portfolio S&P 500 Value ETF at the end of the most recent quarter.

Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Financial Engines Advisors L.L.C. lifted its stake in shares of SPDR Portfolio S&P 500 Value ETF by 0.8% in the 3rd quarter. Financial Engines Advisors L.L.C. now owns 81,729,362 shares of the company’s stock valued at $4,522,086,000 after purchasing an additional 642,820 shares during the last quarter. Morgan Stanley increased its position in shares of SPDR Portfolio S&P 500 Value ETF by 120.2% during the 4th quarter. Morgan Stanley now owns 19,747,812 shares of the company’s stock valued at $1,121,873,000 after purchasing an additional 10,778,683 shares during the last quarter. Allworth Financial LP increased its position in shares of SPDR Portfolio S&P 500 Value ETF by 2.0% during the 4th quarter. Allworth Financial LP now owns 19,695,295 shares of the company’s stock valued at $1,118,890,000 after purchasing an additional 382,214 shares during the last quarter. Valmark Advisers Inc. raised its holdings in SPDR Portfolio S&P 500 Value ETF by 2.9% during the 1st 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 during the period. Finally, UBS Group AG raised its holdings in 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 buying an additional 662,367 shares during the period.

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

Shares of SPYV opened at $61.69 on Thursday. The company has a market cap of $35.89 billion, a PE ratio of 20.50 and a beta of 0.82. The business has a fifty day moving average of $60.90 and a 200 day moving average of $59.08. SPDR Portfolio S&P 500 Value ETF has a 52-week low of $51.97 and a 52-week high of $62.19.

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.