Higgins & Schmidt Wealth Strategies LLC lifted its holdings in SPDR Portfolio S&P 500 Value ETF (NYSEARCA:SPYV – Free Report) by 4.1% in the first quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 503,601 shares of the company’s stock after purchasing an additional 19,962 shares during the quarter. SPDR Portfolio S&P 500 Value ETF comprises about 15.2% of Higgins & Schmidt Wealth Strategies LLC’s portfolio, making the stock its 2nd biggest position. Higgins & Schmidt Wealth Strategies LLC owned approximately 0.10% of SPDR Portfolio S&P 500 Value ETF worth $25,719,000 at the end of the most recent quarter.
A number of other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. Demars Financial Group LLC raised its stake in shares of SPDR Portfolio S&P 500 Value ETF by 5,184.5% during the 4th quarter. Demars Financial Group LLC now owns 16,144,971 shares of the company’s stock valued at $825,654,000 after buying an additional 15,839,453 shares during the last quarter. Raymond James Financial Inc. purchased a new position in shares of SPDR Portfolio S&P 500 Value ETF during the 4th quarter valued at about $281,432,000. Horizon Investments LLC increased its stake in shares of SPDR Portfolio S&P 500 Value ETF by 300.5% in the 4th quarter. Horizon Investments LLC now owns 5,797,361 shares of the company’s stock valued at $296,477,000 after purchasing an additional 4,349,903 shares in the last quarter. NorthRock Partners LLC increased its stake in shares of SPDR Portfolio S&P 500 Value ETF by 167.3% in the 4th quarter. NorthRock Partners LLC now owns 4,406,510 shares of the company’s stock valued at $225,349,000 after purchasing an additional 2,757,825 shares in the last quarter. Finally, LPL Financial LLC increased its stake in shares of SPDR Portfolio S&P 500 Value ETF by 5.8% in the 4th quarter. LPL Financial LLC now owns 41,404,616 shares of the company’s stock valued at $2,117,432,000 after purchasing an additional 2,253,997 shares in the last quarter.
SPDR Portfolio S&P 500 Value ETF Stock Up 0.1%
Shares of SPDR Portfolio S&P 500 Value ETF stock opened at $51.16 on Thursday. SPDR Portfolio S&P 500 Value ETF has a twelve month low of $44.39 and a twelve month high of $55.42. The business has a 50-day moving average price of $49.92 and a 200 day moving average price of $51.08. The firm has a market cap of $25.86 billion, a PE ratio of 21.00 and a beta of 0.89.
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.
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