Northern Capital Management Inc. Acquires 18,881 Shares of SPDR Portfolio S&P 500 Value ETF $SPYV

Northern Capital Management Inc. increased its holdings in shares of SPDR Portfolio S&P 500 Value ETF (NYSEARCA:SPYV) by 28.9% in the 4th quarter, Holdings Channel.com reports. The firm owned 84,118 shares of the company’s stock after acquiring an additional 18,881 shares during the quarter. SPDR Portfolio S&P 500 Value ETF makes up approximately 2.5% of Northern Capital Management Inc.’s portfolio, making the stock its 6th largest position. Northern Capital Management Inc.’s holdings in SPDR Portfolio S&P 500 Value ETF were worth $4,779,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also recently added to or reduced their stakes in SPYV. Vantagepoint Investment Advisers LLC bought a new stake in shares of SPDR Portfolio S&P 500 Value ETF in the third quarter valued at approximately $246,963,000. Allworth Financial LP boosted its holdings in SPDR Portfolio S&P 500 Value ETF by 16.1% in the 3rd 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. Wellington Management Group LLP acquired a new stake in SPDR Portfolio S&P 500 Value ETF in the 3rd quarter worth $68,850,000. Corient Private Wealth LLC grew its position in SPDR Portfolio S&P 500 Value ETF by 103.6% in the 2nd quarter. Corient Private Wealth LLC now owns 1,838,839 shares of the company’s stock worth $96,245,000 after purchasing an additional 935,644 shares during the last quarter. Finally, Willis Johnson & Associates Inc. increased its holdings in shares of SPDR Portfolio S&P 500 Value ETF by 18.8% during the 3rd quarter. Willis Johnson & Associates Inc. now owns 5,218,947 shares of the company’s stock worth $288,764,000 after purchasing an additional 826,017 shares during the period.

SPDR Portfolio S&P 500 Value ETF Stock Performance

NYSEARCA SPYV opened at $60.10 on Friday. SPDR Portfolio S&P 500 Value ETF has a twelve month low of $49.60 and a twelve month high of $60.37. The stock has a market cap of $33.77 billion, a PE ratio of 20.50 and a beta of 0.82. The firm has a 50-day simple moving average of $57.96 and a 200 day simple moving average of $57.50.

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.