SPDR Portfolio S&P 500 Value ETF $SPYV Shares Bought by Gibbs Wealth Management

Gibbs Wealth Management lifted its position in shares of SPDR Portfolio S&P 500 Value ETF (NYSEARCA:SPYV) by 130.1% during the first quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 434,660 shares of the company’s stock after purchasing an additional 245,756 shares during the quarter. SPDR Portfolio S&P 500 Value ETF accounts for approximately 3.2% of Gibbs Wealth Management’s portfolio, making the stock its 3rd largest holding. Gibbs Wealth Management owned 0.08% of SPDR Portfolio S&P 500 Value ETF worth $24,593,000 at the end of the most recent reporting period.

Several other institutional investors have also recently made changes to their positions in SPYV. Financial Engines Advisors L.L.C. increased 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 in the last quarter. Morgan Stanley grew its holdings in SPDR Portfolio S&P 500 Value ETF by 120.2% in the fourth 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 period. Allworth Financial LP increased its position in shares of SPDR Portfolio S&P 500 Value ETF by 2.0% in the fourth quarter. Allworth Financial LP now owns 19,695,295 shares of the company’s stock valued at $1,118,890,000 after buying an additional 382,214 shares in the last quarter. Valmark Advisers Inc. raised its stake in shares of 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 worth $508,997,000 after buying an additional 255,913 shares during the period. Finally, UBS Group AG raised its stake in shares of 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 worth $402,380,000 after buying an additional 662,367 shares during the period.

SPDR Portfolio S&P 500 Value ETF Price Performance

Shares of NYSEARCA:SPYV opened at $61.39 on Friday. The business’s 50 day moving average price is $61.09 and its 200-day moving average price is $59.27. SPDR Portfolio S&P 500 Value ETF has a 1 year low of $51.97 and a 1 year high of $62.55. The firm has a market capitalization of $35.76 billion, a price-to-earnings ratio of 20.50 and a beta of 0.82.

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. 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.