SPDR Portfolio S&P 500 Value ETF $SPYV Shares Newly Bought by First Citizens Bank & Trust Co.

First Citizens Bank & Trust Co. acquired a new position in shares of SPDR Portfolio S&P 500 Value ETF (NYSEARCA:SPYV) during the 3rd quarter, HoldingsChannel reports. The institutional investor acquired 11,834 shares of the company’s stock, valued at approximately $723,000.

Other hedge funds also recently bought and sold shares of the company. Valmark Advisers Inc. boosted its holdings in shares of SPDR Portfolio S&P 500 Value ETF by 2.9% in the first 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. The Manufacturers Life Insurance Company raised its holdings in shares of SPDR Portfolio S&P 500 Value ETF by 1,807.9% during the second quarter. The Manufacturers Life Insurance Company now owns 6,312,030 shares of the company’s stock valued at $383,708,000 after acquiring an additional 5,981,186 shares during the period. NorthRock Partners LLC raised its holdings in shares of SPDR Portfolio S&P 500 Value ETF by 6.6% during the second quarter. NorthRock Partners LLC now owns 4,889,672 shares of the company’s stock valued at $297,243,000 after acquiring an additional 303,367 shares during the period. Cetera Investment Advisers raised its holdings in shares of SPDR Portfolio S&P 500 Value ETF by 5.8% during the first quarter. Cetera Investment Advisers now owns 4,205,952 shares of the company’s stock valued at $237,973,000 after acquiring an additional 230,152 shares during the period. Finally, Quotient Wealth Partners LLC raised its holdings in shares of SPDR Portfolio S&P 500 Value ETF by 7.6% during the first quarter. Quotient Wealth Partners LLC now owns 3,840,648 shares of the company’s stock valued at $217,304,000 after acquiring an additional 272,930 shares during the period.

SPDR Portfolio S&P 500 Value ETF Stock Performance

Shares of NYSEARCA:SPYV opened at $63.07 on Friday. The company has a market cap of $36.92 billion, a PE ratio of 20.50 and a beta of 0.82. SPDR Portfolio S&P 500 Value ETF has a 52 week low of $54.44 and a 52 week high of $64.26. The firm has a 50 day simple moving average of $62.80 and a 200 day simple moving average of $61.25.

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.