Choice Wealth Advisors LLC raised its stake in shares of SPDR Portfolio S&P 500 Value ETF (NYSEARCA:SPYV – Free Report) by 0.6% in the 2nd quarter, according to its most recent Form 13F filing with the SEC. The fund owned 538,690 shares of the company’s stock after purchasing an additional 3,204 shares during the period. SPDR Portfolio S&P 500 Value ETF accounts for 12.7% of Choice Wealth Advisors LLC’s portfolio, making the stock its largest position. Choice Wealth Advisors LLC owned about 0.11% of SPDR Portfolio S&P 500 Value ETF worth $28,195,000 as of its most recent filing with the SEC.
Several other institutional investors and hedge funds have also recently bought and sold shares of SPYV. Connecticut Wealth Management LLC acquired a new position in SPDR Portfolio S&P 500 Value ETF during the first quarter worth approximately $139,839,000. Wealth Enhancement Advisory Services LLC increased its position in SPDR Portfolio S&P 500 Value ETF by 172.5% during the first quarter. Wealth Enhancement Advisory Services LLC now owns 3,534,578 shares of the company’s stock worth $180,511,000 after purchasing an additional 2,237,528 shares during the last quarter. JPMorgan Chase & Co. increased its position in SPDR Portfolio S&P 500 Value ETF by 25.0% during the first quarter. JPMorgan Chase & Co. now owns 6,800,995 shares of the company’s stock worth $347,327,000 after purchasing an additional 1,360,243 shares during the last quarter. Royal Bank of Canada grew its stake in SPDR Portfolio S&P 500 Value ETF by 32.3% during the fourth quarter. Royal Bank of Canada now owns 5,343,491 shares of the company’s stock worth $273,267,000 after buying an additional 1,305,783 shares during the period. Finally, Demars Financial Group LLC grew its stake in SPDR Portfolio S&P 500 Value ETF by 7.7% during the first quarter. Demars Financial Group LLC now owns 17,380,190 shares of the company’s stock worth $887,606,000 after buying an additional 1,235,219 shares during the period.
SPDR Portfolio S&P 500 Value ETF Stock Down 0.3%
SPYV opened at $54.66 on Monday. SPDR Portfolio S&P 500 Value ETF has a 52-week low of $44.39 and a 52-week high of $55.42. The company has a 50 day moving average of $53.66 and a two-hundred day moving average of $51.49. The company has a market cap of $28.02 billion, a P/E ratio of 20.50 and a beta of 0.94.
About SPDR Portfolio S&P 500 Value ETF
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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