SPDR Portfolio S&P 500 Value ETF $SPYV Shares Bought by MML Investors Services LLC

MML Investors Services LLC grew its stake in shares of SPDR Portfolio S&P 500 Value ETF (NYSEARCA:SPYV) by 5.3% in the fourth quarter, HoldingsChannel reports. The fund owned 1,036,375 shares of the company’s stock after buying an additional 52,575 shares during the quarter. MML Investors Services LLC’s holdings in SPDR Portfolio S&P 500 Value ETF were worth $58,876,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds also recently modified their holdings of SPYV. Asempa Wealth Advisors purchased a new stake in shares of SPDR Portfolio S&P 500 Value ETF during the 4th quarter worth about $945,000. ERn Financial LLC grew its holdings in shares of SPDR Portfolio S&P 500 Value ETF by 4.9% during the 4th quarter. ERn Financial LLC now owns 676,263 shares of the company’s stock worth $38,419,000 after purchasing an additional 31,736 shares during the period. Fifth Third Bancorp grew its holdings in shares of SPDR Portfolio S&P 500 Value ETF by 4.8% during the 3rd quarter. Fifth Third Bancorp now owns 275,282 shares of the company’s stock worth $15,231,000 after purchasing an additional 12,700 shares during the period. CIBC Bancorp USA Inc. purchased a new stake in shares of SPDR Portfolio S&P 500 Value ETF during the 3rd quarter worth about $10,928,000. Finally, TIAA Trust National Association grew its holdings in shares of SPDR Portfolio S&P 500 Value ETF by 13.3% during the 3rd quarter. TIAA Trust National Association now owns 4,330,027 shares of the company’s stock worth $239,580,000 after purchasing an additional 506,795 shares during the period.

SPDR Portfolio S&P 500 Value ETF Stock Performance

Shares of NYSEARCA:SPYV opened at $61.52 on Tuesday. SPDR Portfolio S&P 500 Value ETF has a 1 year low of $50.82 and a 1 year high of $61.78. The stock has a market capitalization of $34.57 billion, a P/E ratio of 20.50 and a beta of 0.82. The stock has a 50-day simple moving average of $59.76 and a 200-day simple moving average of $58.41.

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. 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.